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14109 1 RESOLUTION NO. 14,109 2 3 A RESOLUTION TO CERTIFY LOCAL GOVERNMENT 4. ENDORSEMENT OF FIDELITY NATIONAL INFORMATION 5 SERVICES, INC., LOCATED AT 4001 NORTH RODNEY PARHAM 6 ROAD #2, LITTLE ROCK, ARKANSAS, TO PARTICIPATE IN THE 7 ARKANSAS TAX BACK PROGRAM (AS AUTHORIZED BY SECTION 8 15-4-2706(D) OF THE CONSOLIDATED INCENTIVE ACT OF 2003); 9 AND FOR OTHER PURPOSES. 10 11 WHEREAS, the regulations of the Arkansas Tax Back Program require local government 12 endorsement of businesses or enterprises that wish to participate in and take advantage of the program; 13 and, 14 WHEREAS, Fidelity National Information Services, Inc., has been declared by the management of 15 the Arkansas Tax Back Program to be an appropriate applicant to benefit from the features of the 16 program; and, 17 WHEREAS,Fidelity National Information Services,Inc. will be expanding or purchasing an existing 18 building,with the potential to build out of site, and purchasing new data center equipment; and, 19 WHEREAS, the project will result in approximately 150 new jobs with an annual payroll of Three 20 Million, Nine Hundred Thousand Dollars ($3,900,000.00) for new employees hired for this project, with 21 possible employment of up to 250 employees, and a total investment of$15 million; and, 22 WHEREAS, Fidelity National Information Services, Inc., has agreed to furnish to the management 23 of the Arkansas Tax Back Program all information necessary to assure compliance with the terms and 24 conditions of the program; 25 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 26 OF LITTLE ROCK,ARKANSAS: 27 Section 1. The City endorses and the Mayor is authorized to execute any required Certificate of 28 Local Government Endorsement of Fidelity National Information Services, Inc., to participate in the 29 Arkansas Tax Back Program and to be eligible to benefit from any refunds and tax credits, including City 30 gross receipts and compensating use tax credits, in accordance with the regulations of the Arkansas Tax 31 Back Program. 32 Section 2. To the extent the City has authority to grant such authority, the Department of Finance 33 and Administration is authorized to refund any City sales and compensating use taxes collected from [Page 1 of 2] 1 Fidelity National Information Services, Inc. during the period of time that it participates in the Arkansas 2 Tax Back Program. 3 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 4 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 5 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 6 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 7 resolution. 8 Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent 9 with the provisions of this resolution, are hereby repealed to the extent of such inconsistency. 10 ADOPTED: April 21,2015 11 ATTES / APPROVED: 12 IV � ,/, 1 13 !� r d.4. 14 Sus:n L.7 •y,City Clerk Mark Stodola,Mayor 15 APP OVI''. 1 AS TO LEGAL FORM: 16 ;t i 17 i �r 18 Thomas M.Carpenter,City Attorney Mr 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // 35 // [Page 2 of 2]