- Associated Press - Sunday, February 1, 2015

HOXIE, Ark. (AP) - Officials in northeast Arkansas have opted out of an economic development authority and hope a handful of incoming businesses will help create jobs in the area.

The Jonesboro Sun reports (https://bit.ly/1DkQwRH ) Lawrence County and the city of Hoxie have left the Northeast Arkansas Regional Intermodal Facilities Authority. County officials say the authority was having little impact on job creation and city officials say they can’t afford the $10,000 annual membership.

The authority was established in 2009 and has helped attract businesses to the area.

Lawrence County Judge Dale Freeman says a planned truck stop, peanut plant and other businesses should help boost sales tax revenues and create jobs.

Hoxie officials hope to rejoin the authority in 2016 if the city’s financial situation improves.



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Information from: The Jonesboro Sun, https://www.jonesborosun.com

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