§ 1-5-108. Applicability.

This incentive applies to any person, firm, or corporation establishing a new business in a previously vacant building in the central business district. The central business district shall be defined as any property in the central business district zone as shown on the city's official zoning map. A vacant building shall be defined as any building or storefront which has been vacant and ready for occupancy for a period exceeding three (3) months. It is the responsibility of the person, firm or corporation applying for the incentive to show that the vacancy requirement has been met. All eligibility is subject to review and approval by the city administrator.

Incentives: The city administrator on behalf of the City of Conway may reimburse any person, firm, or corporation the following fees:

1.

The required building permit fees.

2.

The business license fees collected by the City of Conway for two (2) years. (Ord. No. 2008-08-10(A), 8/10/09)