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10142• 61'7 1 2 RESOLUTION NO. 10,142 3 4 5 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL 6 GOVERNMENT ENDORSEMENT OF WESTERN FOODS, INC. 7 TO PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM. 8 9 10 WHEREAS, the local government must endorse a business or enterprise to 11 12 participate in the Arkansas Enterprise Zone Program and benefit from the exemptions as 13 provided in the Arkansas Enterprise Zone Program Regulations of 1993, and 14 WHEREAS, said endorsement must be made on specific forms available from 15 16 AIDC, and 17 WHEREAS, Western Foods, Inc., located at 4717 Asher Avenue, has been 18 determined by the management of the Enterprise Zone as an appropriate applicant, and 19 WHEREAS, Western Foods, Inc. has agreed to furnish to management of the 20 21 Enterprise Zone all necessary information for compliance. 22 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF 23 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 24 25 SECTION 1 -A. Western Foods, Inc. shall be endorsed by the City of Little Rock 26 for benefit from the refunds and tax credits as provided in the Arkansas Enterprise Zone 27 Program Regulations of 1993, through June 30, 1999, including any local City gross 28 29 receipts and compensating use taxes. 30 SECTION 1 -B. The Department of Finance and Administration shall be 31 authorized to refund local sales and use taxes to Western Foods, Inc. 32 33 SECTION 2. The Mayor is authorized to sign the required Certificate of Local 34 Government Endorsement. 35 36 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: December 2, 1997 ATTEST: City Clerk Robbie Hancock APPROVED AS TO FORM: e Thomas M. Carpenter City Attorney APPROVED: c Ma V Jim Dailey Gig