City of Jonesboro Council Agenda 2026-05-19
Jonesboro considers bonds for InnovAsian Cuisine project
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Description
The City of Jonesboro is considering an ordinance to issue industrial development revenue bonds to support an InnovAsian Cuisine project, including approval of a bond purchase agreement, PILOT agreement, trust indenture, and lease. The financing structure is intended to secure and develop industry while outlining payment-in-lieu-of-taxes obligations.
Contract Details
Vendor
INNOVASIAN
Agency
City of Jonesboro, AR
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
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