11233RESOLUTION NO. 11,233
A RESOLUTION TO AUTHORIZE LOCAL GOVERNMENT ENDORSEMENT
OF WES -PAK, INC. LOCATED AT 9100 FRAZIER PIKE, LITTLE ROCK,
ARKANSAS, TO 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 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, Wes -Pak, Inc, located at 9100 Frazier Pike, Little Rock, Arkansas, has
been declared by the management of the Advantage Arkansas Program to be an
appropriate applicant in, and benefit from, the features of the program, and
WHEREAS, Wes -Pak, Inc. has agreed to furnish to the 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 1. The City endorses, and the mayor id authorized to execute any
required Certificate of Local Government Endorsement, Wes -Pak, Inc., 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.
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 Wes -Pak, Inc. during the period of time that it
participates in the Advantage Arkansas Program.
Section 3. Severability. In the event any section, subdivision, paragraph,
subparagraph, item, sentence, clause, phrase, or work of this resolution is declared or
adjudged to be invalid or unconstitutional, such declaration or adjudication shall not
affect 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 4. Repealer. All laws, ordinances, resolutions, or parts of the same that
are inconsistent with the provisions of this resolution are hereby repealed to the extent of
such inconsistency.
ADOPTED: February 19, 2002
ATTEST:
a
Na cy Woo , City Clerk
APPROVED:
GVWA W
Jinfailey, Mayor