105061 RESOLUTION NO. 10, 506
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4 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
5 CITY OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL
6 GOVERNMENT ENDORSEMENT OF LUCENT TECHNOLOGIES
TO PARTICIPATE IN THE ADVANTAGE ARKANSAS
7 PROGRAM.
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10 WHEREAS, the local government must endorse a business or enterprise to
11 participate in the Advantage Arkansas Program and benefit from the exemptions as
12 provided in the Advantage Arkansas Program Regulations of 1993 (formerly the
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14 Arkansas Enterprise Zone Program); and
15 WHEREAS, said endorsement must be made on specific forms available from
16 AIDC; and
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18 WHEREAS, Lucent Technologies, located at 7400 Scott Hamilton Drive, has
19 been determined by the management of the Advantage Arkansas Program as an
20 appropriate applicant; and
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22 WHEREAS, Lucent Technologies has agreed to furnish to management of the
23 Advantage Arkansas Program all necessary information for compliance.
24 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
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26 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS:
27 SECTION 1 -A. Lucent Technologies shall be endorsed by the City of Little
28 Rock for benefit from the refunds and tax credits as provided in the Advantage Arkansas
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30 Program Regulations of 1993, through June 30, 1999, including any local City gross
31 receipts and compensating use taxes.
32 SECTION 1 -B. The Department of Finance and Administration shall be
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34 authorized to refund local sales and use taxes to Lucent Technologies.
35 SECTION 2. The Mayor is authorized to sign the required Certificate of Local
36 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: April 6, 1999
ATTEST:
(:a. - , - n ea C4
City Clerk Robbi Hancock
APPROVED AS TO FORM:
�e nl .
Thomas M. Carpent
City Attorney
APPROVED:
Mao Jim Dailey
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