RESOLUTION NO. 1281
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SALISBURY, MARYLAND DECLARING THAT DELMARVA POWER SPORTS, LLC, LOCATED AT 1611 NORTH SALISBURY BOULEVARD, IS ELIGIBLE TO RECEIVE ENTERPRISE ZONE BENEFITS
WHEREAS the City of Salisbury, Maryland and Wicomico County created an Enterprise Zone on June 6, 1983 for the purpose of encouraging economic development of the area encompassed within the boundaries of such zone; and
WHEREAS the Enterprise Zone was created under authority granted by the State of Maryland; and
WHEREAS the State Code permits certain benefits to be extended to businesses that locate or expand in the Enterprise Zone provided that they meet certain standards; and
WHEREAS, the City of Salisbury and Wicomico County have also established certain standards, which must be met in order for a business to be deemed eligible to receive Enterprise Zone benefits; and
WHEREAS, Delmarva Power Sports, LLC, located at 1611 North Salisbury Boulevard, meets the standards set forth in the State Code and in local regulations to be eligible to receive Enterprise Zone benefits; and
WHEREAS, Chuck Vane has requested that the company be designated as eligible for Enterprise Zone benefits due to their recent investment in the property and the jobs created;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Salisbury, Maryland that Delmarva Power Sports, LLC be designated as eligible to receive the benefits of the Enterprise Zone effective upon the adoption of this resolution.
The above Resolution was introduced and read and passed at the regular meeting of the Salisbury City Council on the ___ day of August, 2005.
_______________________________ _____________________________
Brenda J. Colegrove Michael P. Dunn
CITY CLERK PRESIDENT, City Council
APPROVED by me this
___ day of August, 2005
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Barrie P. Tilghman
MAYOR, City of Salisbury