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Minutes 11/12/1996
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Minutes 11/12/1996
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7/24/2000 10:00:28 PM
Creation date
12/8/1998 8:03:42 PM
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City Council
Meeting Date
11/12/1996
City Council - Category
Minutes
City Council - Type
General
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TUESDAY. NOVEMBER 12. 1996' <br /> <br />Virginia for aperiod of twenty:(20) years in accordance with the <br />Virginia Enterprise Zone Act. <br /> <br />Definitions <br /> <br />As used in this Article, the following definitions shall apply: <br /> <br />EnterDrise Zone - The area as defined herein and declared by the <br />Governor of the Commonwealth of Virginia 'to be eligible for the <br />benefits accruing under the Virginia EnterpriseZone Act (Section 59.1- <br />270, et.seQ.). <br /> <br />City - The City of Martinsville, Virginia. <br /> <br />Business Firm - Any business entity, incorporated or unincorporated, <br />which is authorized to do business in the Commonwealth of Virginia and <br />which is sub3ect to State individual income tax, State corporate income <br />tax, State franchise or license tax on gross receipts, or State bank <br />franchise tax on net taxable capital and whose Standard Industrial <br />Classification Code (SIC) is one of the following. All commercial, <br />professional, and service establishments increasing employment by five <br />percent (5%) or greater of the base employment as established by the <br />Commonwealth of Virginia Enterprise Zone regulations also meet the <br />definition of a business firm. <br /> <br />Manufacturing - 20 - 39 <br /> <br />Food and Kindred Products <br />Tobacco Products <br />Textile Mill Products <br />Apparel and Other Textile Products <br />Lumber and Wood Products <br />Furniture and Fixtures <br />Paper and Allied Products <br />Printing and Publishing <br />Chemicals and Allied Products <br />Petroleum and Coal Products <br />Rubber and Miscellaneous Plastic Products <br />Leather and Leather Products <br />Stone, Clay, and Glass Products <br />Primary Metal Industries <br />Fabricated Metal Products <br />Industrial Machinery and Equipment <br />Electronic and Other Electric Equipment <br />Transportation Equipment <br />Instruments and Related Products <br />Miscellaneous Manufacturing Industries <br /> <br />Transportation and Public Utilities - 42 <br />Trucking and Warehousing <br /> <br />Auxiliary - 1, 2, 3 <br /> <br /> <br />
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