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RESOLUTION NO. 9•..226
400
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF
LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL GOVERNMENT
ENDORSEMENT OF QUALITY BEARING, INC. TO PARTICIPATE IN
THE ARKANSAS ENTERPRISE ZONE PROGRAM.
WHEREAS, the local government must endorse a business
or enterprise to participate in the Arkansas Enterprise Zone
Program and benefit from the exemptions as provided in the
Arkansas Enterprise Zone Program Regulations of 1993, and
WHEREAS, said endorsement must be made on specific
forms available from AIDC, and
WHEREAS, Quality Bearing, Inc., located at 4301 Pratt
Remmel Road, has been determined by the management of the
Enterprise Zone as an appropriate applicant, and
WHEREAS, Quality Bearing, Inc. has agreed to furnish
to management of the Enterprise Zone all necessary
information for compliance.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. Quality Bearing, Inc. shall be endorsed by
the City of Little Rock for benefit from the refunds and tax
credits as provided in the Arkansas Enterprise Zone Program
Regulations of 1993, through June 30, 1999.
SECTION 2. The Mayor is authorized to sign the
required Certificate of Local Government Endorsement.
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SECTION 3. This Resolution shall take effect and be in
full force from and after its adoption and approval.
ADOPTED: September 6, 1994
ATTEST:
Iry k
City Clerk Robbie Hancock
APPROVED AS TO FORM:
Thomas M. Carpenter
City Attorney
APPROVED:
May r Jim Dailey
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