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11380RESOLUTION NO. 11,380 A RESOLUTION TO AUTHORIZE LOCAL GOVERNMENT ENDORSEMENT OF MEDEVOLVE, LOCATED AT 650 SHACKLEFORD ROAD, 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 enterprises that wishes to participate in, and take advantage of the program and WHEREAS, MedEvolve has been declared by the management of the Arkansas Advantage Program to be an appropriate application, and benefit form, the features of the program, and WHEREAS, MedEvolve 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. WHEREAS, MedEvolve, 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 endorsees, and the Mayor is authorized to execute any required Certificate of Local Government Endorsement, of MedEvolve, 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 MedEvolve during the period of time that it participates in the Advantage Arkansas Program. r' SECTION 3. Severability. In the event any section, subsection, paragraph, subparagraph, item, sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration 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ordinances, resolutions, or parts of the same that are inconsistent with the provisions of this resolution are herby repealed to the extent of such inconsistency. ADOPTED: October 1, 2002 ATTEST: Na rcy Woo , City Clerk APPROVE: �'K-W & Ji✓1Dailey, Mayor