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1 RESOLUTION NO. 10,325
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4 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
5 CITY OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL
GOVERNMENT ENDORSEMENT OF SYSCO FOOD SERVICES
6 OF ARKANSAS, INC. TO PARTICIPATE IN THE ARKANSAS
7 ENTERPRISE ZONE PROGRAM.
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10 WHEREAS, the local government must endorse a business or enterprise to
11 participate in the Arkansas Enterprise Zone Program and benefit from the exemptions as
12 provided in the Arkansas Enterprise Zone Program Regulations of 1993, and
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14 WHEREAS, said endorsement must be made on specific forms available from
15 AIDC, and
16 WHEREAS, Sysco Food Services of Arkansas, Inc., located at 5800 Frozen
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18 Road, has been determined by the management of the Enterprise Zone as an appropriate
19 applicant, and
20 WHEREAS, Sysco Food Services of Arkansas, Inc. has agreed to furnish to
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22 management of the Enterprise Zone all necessary information for compliance.
23 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
24 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS:
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26 SECTION 1 -A. Sysco Food Services of Arkansas, Inc. shall be endorsed by the
27 City of Little Rock for benefit from the refunds and tax credits as provided in the
28 Arkansas Enterprise Zone Program Regulations of 1993, through June 30, 1999,
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30 including any local City gross receipts and compensating use taxes.
31 SECTION I -B. The Department of Finance and Administration shall be
32 authorized to refund local sales and use taxes to Sysco Food Services of Arkansas, Inc..
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34 SECTION 2. The Mayor is authorized to sign the required Certificate of Local
35 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: August 11, 1998
ATTEST:
City Clerk Robbie Hancock
APPROVED AS TO FORM::r-
Thomas M. Carpente
City Attorney
APPROVED: k
Ma& Jim Dailey