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HomeMy Public PortalAboutRES-CC-2019-58CITY OF MOAB RESOLUTION NO.58-2019 A RESOLUTION ENDORSING THE EFFORTS OF THE CITY OF MOAB ECONOMIC DEVELOPMENT TO RENEW THE UTAH ENTERPRISE ZONE IN MOAB WHEREAS, the City of Moab strongly supports efforts to improve employment opportunities in our area; and WHEREAS, the City of Moab strongly supports efforts to assist local businesses in accessing Utah State economic development incentives; and WHEREAS, the City of Moab strongly supports efforts by local businesses to provide employees with adequate health care insurance benefits; and WHEREAS, the Utah Enterprise Zone Program provides tax credit incentives to Moab business for increasing employment opportunities at higher than average wages; and WHEREAS, the Utah Enterprise Zone Program provides tax credit incentives to Moab businesses for investment in buildings and equipment; and WHEREAS, the Utah Enterprise Zone Program provides tax credit incentives to Moab businesses to help those business obtain health care insurance benefits for their employees. THEREFORE, we the governing body for the City of Moab do hereby endorse the efforts of the Moab City Economic Development as directed by staff to renew the Utah Enterprise the Zone in Moab, thereby allowing Moab businesses to take advantage of tax credits as allowed under the Utah Enterprise Zone Program. This Resolution shall take effect immediately on passage. Passed and adopted by action of the Governing Body of the City of Moab in open session on this 12th day of November, 2019. SIGNED: ATTEST: Emily S. Niehaus, Mayor Sommar Johnson, Recorder