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10946• RESOLUTION NO. 10,946 • A RESOLUTION TO AUTHORIZE LOCAL GOVERNMENT ENDORSEMENT OF A & G ENTERPRISES, PARTICIPATE IN THE ADVANTAGE ARKANSAS PROGRAM; AND FOR OTHER PURPOSES. WHEREAS, the regulations of the Advantage Arkansas Program, formerly the Arkansas Enterprise Zone Program, require local government endorsement of a business or enterprise that wishes to participate in, and take advantage of, the program, and WHEREAS, this endorsement is required to be on specific forms supplied by the Arkansas Industrial Development Commission, and, WHEREAS, A & G Enterprises, located at 9020 Chicot Road, Little Rock Arkansas has been declared by the management of the Advantage Arkansas Program as an appropriate applicant to participate in, and benefit from, the features of the program, and WHEREAS, A & G Enterprises. has agreed to furnish to management of the Advantage Arkansas Program all information necessary to assure compliance with the terms and conditions of the program. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION I -A. The City endorses, and the Mayor is authorized to execute any required Certificate of Local Government Endorsement, A & G Enterprises to participate in the Advantage Arkansas Program, and to be eligible to benefit from any refunds and tax credits, including City gross receipts and compensating use tax credits, in accordance with the regulations of the Advantage Arkansas Program. Ll 0 SECTION 2. To the extent the City has authority to grant such authority, the Department of Finance and Administration is authorized to refund any City sales and compensating use taxes collected from A & G Enterprises, during the period of time that it participates in the Advantage Arkansas Program. SECTION 2. Severability. In the event any action, subsection, subdivision, paragraph, subparagraph, item, sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of the resolution which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the resolution. SECTION 3. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent with the provisions of this resolution are herby repealed to the extent of such inconsistency. ADOPTED: December 12, 2000 ATTEST: City lerk ncy Wood APPROVED AS TO FORM: Thomas M. Carpenter City Attorney APPROVED: Mayq'r Jim Dailey 0 CERTIFICATE STATE OF ARKANSAS COUNTY OF PULASKI CITY OF LITTLE ROCK 0 I Nancy Wood, City Clerk within and for the City aforesaid, do herby certify that Foregoing is a true and correct copy of Resolution No. 10,946 of the City of Little Rock, Arkansas, entitled "A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF A & G ENTERPRISES TO PARTICIPATE IN THE ADVANTAGE ARKANSAS PROGRAM "; adopted by the Board of Directors of said City on December 12, 2000, said Resolution now appearing of record in the City Clerk's Office. IN WITNESS WHEREOF, I have hereunto set my hand and seal of office on this 18th day of December 2000. i l City" lerk Cit of Little Rock, Arkansas RO �'W