The resolution recognizes the City of Cabot for receiving the 2024 Trendsetter City Award from Arkansas Business in the Technology and Security category, as well as an honorable mention in the Tourism Development and Creative Culture category. This recognition highlights Cabot's innovative broadband initiative, which involved a $20 million bond project to create a comprehensive fiber optic network that serves all residents and businesses in the city. This initiative has significantly boosted economic development, improved access to healthcare and education, and positioned Cabot as one of Arkansas's first "multi-gig" cities.
Additionally, the resolution acknowledges the city's achievement with the Gametime at the Grounds sports complex, a unique facility that features multiple sports courts and is expected to generate substantial revenue for local businesses while enhancing Cabot's reputation as a sports hub. The recognition reflects Cabot's commitment to community development, visionary leadership, and strategic growth, balancing the revitalization of its historic downtown with technological innovation. The resolution concludes by directing that a copy be provided to the city's leaders following its adoption.