116351
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RESOLUTION NO. 11,635
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3 A RESOLUTION TO AUTHORIZE LOCAL GOVERNMENT
4 ENDORSEMENT OF CELESTICA CORPORATION., LOCATED
5 AT 7400 SCOTT HAMILTON ROAD, LITTLE ROCK,
6 ARKANSAS, TO PARTICIPATE IN THE ADVANTAGE
7 ARKANSAS PROGRAM; AND FOR OTHER PURPOSES.
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9 WHEREAS, the regulations of the Advantage Arkansas Program, formerly the
10 Arkansas Enterprise Zone Program, require local government endorsement of business
11 or enterprises that wish to participate in and take advantage of the program, and
12 WHEREAS, Celestica Corporation has been declared by the management of the
13 Advantage Arkansas Program to be an appropriate application and benefit from the
14 features of the program, and
15 WHEREAS, Celestica Corporation has agreed to furnish to the management of
16 the Advantage Arkansas Program all information necessary to assure compliance with
17 the terms and conditions of the program.
18 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
19 THE CITY OF LITTLE ROCK, ARKANSAS:
20 Section 1. The City endorses and the Mayor is authorized to execute any
21 required Certificate of Local Government Endorsement of Celestica Corporation to
22 participate in the Advantage Arkansas Program and to be eligible to benefit from any
23 refunds and tax credits, including City gross receipts and compensating use tax credits,
24 in accordance with the regulations of the Advantage Arkansas Program.
[PAGE 1 OF 21
Resolution
To support Celeutu,a Corporation in
Advantage Arkaws Program
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1 Section 2. To the extent the City has authority to grant such authority, the
2 Department of Finance and Administration is authorized to refund any City sales and
3 compensating use taxes collected from Celestica Corporation during the period of time
4 that it participates in the Advantage Arkansas Program.
5 Section 3. Severability. In the event any title, section, paragraph, item, sentence,
6 clause, phrase, or word of this resolution is declared or adjudged to be invalid or
7 unconstitutional, such declaration or adjudication shall not affect the remaining
8 portions of the resolution which shall remain in full force and effect as if the portion so
9 declared or adjudged invalid or unconstitutional was not originally a part of the
10 resolution.
11 Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that
12 are inconsistent with the provisions of this resolution, are hereby repealed to the extent
13 of such inconsistency.
14 ADOPTED: December 2, 2003
15 ATTEST:
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18 Nancy Wood, City Clerk
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20 APPROVED AS TO FORM:
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23 Thomas M. Carpenter, CiY Attorney
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[PAGE 2 OF 2]
Resolution
To support Celestic Corporation to
Advantage Arkansas Program
APPROVED:
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Jim DkVey, Mayor Em