Description
Final approval of the industrial revenue bond package, trust indenture, lease, and PILOT agreement supporting InnovAsian's Jonesboro project.
Impact summary
The PILOT deal means reduced taxes for the company in exchange for industrial development; final approval appears imminent.
Applicant
- Name
- InnovAsian
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Last vote · City Council
Last discussed Jun 2, 2026.
Meeting timeline (2)
City Council — June 2, 2026
Final approval of the industrial revenue bond package, trust indenture, lease, and PILOT agreement supporting InnovAsian's Jonesboro project.
City Council — May 19, 2026
The council took the first reading of an ordinance authorizing industrial revenue bonds, a lease, and a PILOT agreement for InnovAsian Cuisine, and waived the second reading so it can be finalized quickly.
Related issues (1)
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