Instead of setting aside $10.5 million for a MAC Properties development on Armour and Main, several City Council members argued it would be more beneficial to put that money into the city’s Housing Trust Fund.
Finance committee approves community block grant plan; moves to full city council
Finance committee approves community block grant plan; moves to full city council By Region 8 Newsdesk | April 27, 2021 at 9:30 PM CDT - Updated April 27 at 11:20 PM
JONESBORO, Ark. (KAIT) - The city of Jonesboro Finance & Administration Council Committee voted Tuesday to forward one ordinance and two resolutions to the full council.
The ordinance would authorize bonds of no more than $65 million to be issued to Nice-Pak Products, Inc. for acquiring, constructing, and equipping a facility within the city.
The first resolution would be for the city to enter into an agreement with the National Corporation of Community Service and accept the Americorps Vista Program Grant.
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