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HomeMy Public PortalAboutRES-CC-2014-13Resolution 13-2014 A RESOLUTION ENDORSING THE EFFORTS OF THE MOAB CITY ECONOMIC DEVELOPMENT OFFICE TO RENEW THE UTAH RECYCLING MARKET DEVELOPMENT TAX CREDIT PROGRAM IN MOAB WHEREAS, Moab City strongly supports efforts to improve conditions for local businesses and their employees; and WHEREAS, Moab City strongly supports efforts to assist local businesses in accessing Utah State economic development incentives; and WHEREAS, the Utah Recycling Market Development Tax Credit Program may provides tax credit incentives to Moab businesses involved in utilizing recycled materials in production and distribution. NOW, THEREFORE, we, the Governing Body of the City of Moab do hereby endorse the efforts of the Moab City Economic Development office to renew the Utah Recycling Market Development Tax Credit Program in Moab, thereby allowing Moab businesses to take advantage of tax credits as allowed under the Program. This resolution shall take effect immediately upon passage. Passed and adopted by action of the Governing Body of the City of Moab in open session this 1Ph day of February, 2014. CITY O MOAB By: David L. Sakrison Mayor Attest: Rachel Stenta- City Recorder Resolution #13-2014