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HomeMy WebLinkAbout94-381 . . . RESOLUTION NO. 94-381 A EI~SOLUTION OF TIfE BOARD OF SUPERVISORS OF THE COUNTY OF MOIJA VE, ARIZONA, REQUESTING THE ARIZONA DEPARTMENT OF COMMgRCE TO ESTABlJSH AN ENTERPRISE ZONE IN PORTIONS OF MOHA VE COUNTY. WHEREAS, the Board of Supervisors of Mohave County met in Special Session this 17th day of October, 19~'4,. and WHEHEAS, the average unemployment rate according to Department of Economic Security records for the past two(2) years in the following areas were as follows: Bullhead City - 10.2(f<"Mohave Valley - 11%, Golden Valley - Hl'.9%, New Kingman (Butler) - 12.8%, Desert Hills - 10%, and Dolan Springs 8.2%, proposed District Average - 12% and State average 6.9(fr,. WHEREAS, the average unemployment in the areas proposed exceeded 150 percent 150% of the state average unemployment for the past two (2) years is 10(}{,. WHEREAS, industries locating in and employing 35% or more of their people from within that area would become eligible for certain income tax deductions. WHEHEAS, the M.C.E.D.A. E:xecutive Board passed a motion of support. WHEHEAS, the primary goal of the Arizona enterprise zone program is to improve the economics of distressed areas in the State. The program does this by enhancing opportunities for private investment in certain areas that are called enterprise zones. The state and local communities provide incentives to foster investment in these areas, and to reduce or remove unnecessary governmental regulatory barriers to economic development. WHEREAS, increased investments in such areas tend to strengthen property values (or keep property values from falling), raise employability for disadvantaged workers and promote the vitality of such areas. WHEREAS, the Arizona Enterprise Zone legislation not only authorizes such zones, but also sets out the criteria for their designation and the procedures to be followed in applying to establish a zone. THEREFOHE BE IT HESOLVED, that the Board of Supervisors of Mohave County, Arizona, request the Arizona Department of Commerce to establish an enterprise Zone in the area designated. BE IT FURTHER HESOLVED, that Mohave County agrees to enter into an intergovernmentnl agreement with the City of Bullhead City if they choose to 11PCOm(' [1 PHI'!\, jf) said enterprise cone_ BJi.: IT FURTHER RESOLVED. thnt ~, Zone Board be formed pursuant tn Arizona Depnl'lrnent of COmmelTf-' "~lIi(k'lillE's_ BE IT FURTHER RESOLVED, that the Board of Supervisors request that Mohave County Economic Development Authority (M.C.E.D.A.) to assist in preparing the application and follow through in all necessary work to bring this about. . . . Hesulu tion 84-381 - Page 2 PASSED, APPROVED, AND ADOPTED this 17th day of October, 19~14, by the Mohave County Board of Supervisors. MOHA VE COUNTY BOARD OF SUPERVISORS ___ \1tML (E" W tr.hJ .- lJoan C. Ward. Chairman ATTEST: