Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Quorum court advances tax-incentive resolution for timber company to full court
Summary
The court voted to send proposed Resolution 25-04, a local participation in a consolidated sales- and use-tax refund incentive, to the full court for approval. Discussion named previous uses with WestRock and described the company as a mass-timber manufacturer.
The Faulkner County Quorum Court voted to place proposed Resolution 25-04 on the full-court docket; the resolution would authorize refunding local sales and use taxes under the county's consolidated incentive program for a private company.
A member moved to put the resolution on the table for discussion, and another member seconded the motion. Members noted that the county has used the same statutory incentive previously for businesses identified in the record as WestRock. Court discussion named the current applicant as a company described in the record as a mass-timber or laminated-timber manufacturer; a member said the company had been involved with construction for the Walmart home office and that it had some employees locally.
One member described the program as a statutory incentive the county and city can both approve; the member said the company was approaching the county first and that, depending on the court's action, the request would be forwarded to the city for its consideration. After brief discussion, the court agreed to send Resolution 25-04 to the full court; members voted "aye" with no recorded opposition on the floor at the time the item advanced.
No final tax-refund agreement was adopted at the meeting; the action on 25-04 was to move the resolution to the full court for further consideration and any formal approval.
