Little Rock plans corporate welfare outlay for Taekwondo headquarters | Arkansas Blog

Little Rock plans corporate welfare outlay for Taekwondo headquarters

by

15 comments
unknown.jpeg
New on the LIttle Rock City Board agenda, for approval April 21:

A $350,000 expenditure to contribute to "infrastructure" for a new corporate headquarters on Riverfront Drive for the American Taekwondo Association, which brings a huge taekwondo competition to Little Rock each year. 

The city grant, from a fund created by a sales tax increase, will be paid only if the state of Arkansas delivers a promised $950,000. Together, city and state would pay about 10 percent of a $12 million project.

Information on the grant says the headquarters operation, already in Little Rock, will employ 20 new employees at the new facility.



Sign up for the Daily Update email

Comments (15)

Showing 1-15 of 15

Add a comment
 

Add a comment