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95670 M M " M 1 RESOLUTION NO. 9,567 2 3 4 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY 5 OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF ARKANSAS SYSTEMS, 6 INCORPORATED TO PARTICIPATE IN THE ARKANSAS 7 ENTERPRISE ZONE PROGRAM. 8 9 WHEREAS, the local government must endorse a business 10' 11 or enterprise to participate in the Arkansas Enterprise Zone 12 Program and benefit from the exemptions as provided in the 13 Arkansas Enterprise Zone Program Regulations of 1993; and 14 15 WHEREAS, said endorsement must be made on specific 16 forms available from AIDC; and 17 WHEREAS, Arkansas Systems, Incorporated, located at 18 19 Chenal Parkway and Systems Drive, has been determined by the 20 management of the Enterprise Zone as an appropriate 21 applicant; and 22 23 WHEREAS, Arkansas Systems, Incorporated, has agreed to 24 furnish to management of the Enterprise Zone all necessary 25 information for compliance. 26 27 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF 28 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 29 SECTION 1. Arkansas Systems, Incorporated, shall be 30 31 endorsed by the City of Little Rock for benefit from the 32 refunds and tax credits as provided in the Arkansas 33 Enterprise Zone Program Regulations of 1993, through June 34 35 30, 1999, including any local City gross receipts and 36 compensating use taxes. 663 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 0 0 SECTION 2. The Mayor is authorized to sign the required Certificate of Local Government Endorsement. SECTION 3. This Resolution shall take effect and be in full force from and after its adoption and approval. ADOPTED: December 5, 1995 ATTEST: p0. L., _0 , "-Im 4 Oi. City Clerk Robbie Ran. — APPROVED AS TO FORM: CX"Z4,4,t� OA - . Thomas M. Carpe er City Attorney APPROVED: May Jim Dailey 661 i