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Committee forwards Resolution 25,028, authorizing MOU with A&P Commission on sports complex, to full council
Summary
A City of Jonesboro committee unanimously voted to forward Resolution 25,028 to the full City Council and add it to tonight's agenda, authorizing a memorandum of understanding with the City of Jonesboro Advertising Promotion Commission that acknowledges the city’s support for and consent to developing a proposed sports complex.
A City of Jonesboro committee unanimously voted to forward Resolution 25,028 to the full City Council and add it to tonight's agenda, authorizing a memorandum of understanding with the City of Jonesboro Advertising Promotion Commission that acknowledges the city’s support for and consent to developing a proposed sports complex.
The resolution formalizes longstanding arrangements under which the city provides accounting and fund-management services to the Advertising and Promotion (A&P) Commission and authorizes entering into an MOU in substantially the form attached as Exhibit A. Committee discussion and supporting documents presented at the meeting recite two local ordinances: Ordinance 13-61 (adopted May 21, 1973), which established a 1% tax on gross receipts from motel and hotel accommodations to fund advertising and a convention center, and Ordinance 21-046 (adopted Nov. 2, 2021), which levied a 2% tax on prepared-food sales and directed the commission to use those revenues to develop public recreation…
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