ORDINANCE NO. 12 of 2020 AN ORDINANCE TO ESTABLISH AND LAY OFF THE PALACE THEATER ENTERTAINMENT DISTRICT PURSUANT TO A.C.A.?14-54-1412, DECLARING AN EMERGENCY; AND PRESCRIBING OTHER MATTERS PERTAINING THERETO WHEREAS, a request has been made by the owner of the real property located at 224 West South Street by Hipskind Excavating, LLC to form an entertainment district pursuant to A.C.A.?14-54-1412; and WHEREAS, the Benton City Council has determined that the requested area is zoned primarily for commercial purposes and contains a sufficient number of restaurants and other entertainment establishments as required by the statute; and WHEREAS, the City of Benton collects a gross receipts tax on prepared food or hotel and motel accommodations under A.C.A.?26-75-602 et seq.; and WHEREAS, the City of Benton is located within Saline County which is authorized to sell alcoholic beverages; and WHEREAS, the City Council wishes to establish and lay off the Palace Theater Entertainment District as defined herein and establishing regulations pertaining to same. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF BENTON, ARKANSAS: Section 1. That the real property described in Exhibit "A" attached hereto and made a part hereof is hereby established and laid off as the Palace Theater Entertainment District as authorized by A.C.A.?14-54-1412 together with such facilities related to any of the foregoing within said district. The entertainment district shall include all areas both inside and outside any structure located within the defined legal description. Section 2. All regulations established by the Benton City Council pertaining to the dispensing and sale of alcohol shall also apply within the entertainment district. Section 3. Because of the need to complete the construction of the facilities within the Palace Theater Entertainment District and for its operations to commence which will be of benefit to the local economy, an emergency is hereby declared and this ordinance shall be in full force and effect from and after its passage and approval. PASSED AND APPROVED this ______ day of February, 2020. APPROVED: ______________________________ Tom Farmer, Mayor ATTEST: _______________________ City Clerk