HomeMy WebLinkAboutResolutions - No. 96-190RESOLUTION NO. 96-190
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LODI
IN SUPPORT OF THE REQUEST OF ARKAY INDUSTRIES, INC. FOR
INDUSTRIAL DEVELOPMENT BOND FINANCING
WHEREAS, the San Joaquin Valley in general and the City of Lodi in particular would
benefit from industrial development within the City of Lodi; and
WHEREAS, the City of Lodi has actively pursued Arkay Industries, Inc. and
encouraged them to locate within the City of Lodi; and
WHEREAS, Arkay Industries, Inc. of Miamisburg, Ohio has chosen to expand to this
community by the establishment of its West Coast facility in Lodi; and
WHEREAS, the community will benefit from the employment opportunities which
Arkay Industries, Inc. brings to the community both immediately and through anticipated
expansion.
NOW, THEREFORE, BE IT RESOLVED that the City Council:
1. Fully supports Arkay Industries, Inc. in its efforts to secure Industrial Development
Bond financing through its application to the California Economic Development Financing
Authority; and .
2. Supports the issuance of the requested Industrial Development Bond financing as
being consistent with the efforts of the State of California (TEAM CALIFORNIA) to encourage
the development of industry and jobs within the State and local communities; and
3. Requests that all state agencies take all actions necessary in order to approve the
application for Industrial Development Bond financing submitted by Arkay Industries, Inc. so
that it and the City of Lodi can benefit from this economic development project.
Dated: December 17, 1996
I hereby certify that Resolution No. 96-190 was passed and adopted by the City Council of the
City of Lodi in a special meeting held December 17, 1996, by the following vote:
AYES: COUNCIL MEMBERS - Land, Mann, Sieglock, Warner
and Pennino (Mayor)
NOES: COUNCIL MEMBERS - None
ABSENT: COUNCIL MEMBERS - None
ABSTAIN: COUNCIL MEMBERS - None
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~ NIFER IA. PERRIN
City Clerk
96-190