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RESOLUTION NO. 121783
A RESOLUTION TO CERTIFY LOCAL GOVERNMENT ENDORSEMENT OF MAN
USA, INC., LOCATED ON ZEUBER ROAD, ADJACENT TO THE PORT OF LITTLE
ROCK, LITTLE ROCK, ARKANSAS, TO PARTICIPATE IN THE ARKANSAS TAX
BACK PROGRAM (AS AUTHORIZED BY SECTION 15- 4- 2706(D) OF THE
CONSOLIDATED INCENTIVE ACT OF 2003); AND FOR OTHER PURPOSES.
WHEREAS, the regulations of the Arkansas Tax Back Program require local government
endorsement of businesses or enterprises that wish to participate in and take advantage of the
program, and
WHEREAS, MAN USA, Inc. has been declared by the management of the Arkansas Tax Back Program
to be an appropriate applicant to benefit from the features of the program, and
WHEREAS, MAN USA, Inc. will purchase land and construct a manufacturing and pipe coating
facility and purchase machinery and equipment to manufacture and coat spiral pipes, and
WHEREAS, the project will result in 250 new jobs and a total investment of $95,300,000.00, and
WHEREAS MAN USA, Inc. has agreed to furnish to the management of the Arkansas Tax Back
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 is authorized to execute any required Certificate of
Local Government Endorsement of MAN USA, Inc. to participate in the Arkansas Tax Back 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 Arkansas Tax Back 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
MAN USA, Inc. during the period of time that it participates in the Arkansas Tax Back Program.
Section 3. Severability. In the event any title, section, paragraph, 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 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: November 18, 2008
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Resolution
To endorse MAN USA, Inc.
to participate In the Tax Back Program
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ATTEST:
Nancy (Wood, ty Clerk
APPROVED AS TO LEGAL FORM:
Thomas M. Carpenter, Ci At orney
t/
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Resolution
To endorse MAN USA, Inc.
to participate In the Tax Back Program
APPROVED:
Mark Sto ola, Mayor