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99211 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 on RESOLUTION NO. 9, 9 21 108 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF RALEIGH SPRING WATER COMPANY, INCORPORATED 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, Raleigh Spring Water Company, Incorporated, located at 3201 South Elm Street, has been determined by the management of the Enterprise Zone as an appropriate applicant; and WHEREAS, Raleigh Spring Water Company, Incorporated, 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. Raleigh Spring Water Company, Incorporated, 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, including any local City gross receipts and compensating use taxes. SECTION 2. The Mayor is authorized to sign the required Certificate of Local Government Endorsement. 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 SECTION 3. This Resolution shall take effect and be in full force from and after its adoption and approval. ADOPTED: February 18, 1997 ATTEST: City Clerk RRobbie ancc- APPPRRJO�VED AS TO FORM: Thomas M. Carpenter City Attorney APPROVED: l�l�'e�hc -E( &uz, Vice Mayor Michael Keck 109