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13200I RESOLUTION NO. 13,200 2 3 A RESOLUTION TO CERTIFY LOCAL GOVERNMENT 4 ENDORSEMENT OF ALLIED WIRELESS COMMUNICATION 5 CORPORATION, LOCATED AT 1001 TECHNOLOGY DRIVE, LITTLE 6 ROCK, ARKANSAS, TO PARTICIPATE IN THE ARKANSAS TAX 7 BACK PROGRAM (AS AUTHORIZED BY SECTION 15- 4- 2706(D) OF 8 THE CONSOLIDATED INCENTIVE ACT OF 2003); AND FOR OTHER 9 PURPOSES. 10 11 WHEREAS, the regulations of the Arkansas Tax Back Program require local government 12 endorsement of businesses or enterprises that wish to participate in and take advantage of the program, 13 and 14 WHEREAS, Allied Wireless Communications Corporation has been declared by the management of 15 the Arkansas Tax Back Program to be an appropriate applicant to benefit from the features of the 16 program, and 17 WHEREAS, Allied Wireless Communications Corporation will be expanding an existing building, 18 with leasehold improvements, including office furniture and fixtures and purchasing computers, 19 networking and related IT equipment, and 20 WHEREAS, the project will result in approximately 200 -250 new jobs and a total investment of $7.3 21 million, and 22 WHEREAS, Allied Wireless Communications Corporation has agreed to furnish to the management 23 of the Arkansas Tax Back Program all information necessary to assure compliance with the terns and 24 conditions of the program; 25 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 26 OF LITTLE ROCK, ARKANSAS: 27 Section 1. The City endorses and the Mayor is authorized to execute any required Certificate of 28 Local Government Endorsement of Allied Wireless Communications Corporation to participate in the 29 Arkansas Tax Back Program and to be eligible to benefit from any refunds and tax credits, including City 30 gross receipts and compensating use tax credits, in accordance with the regulations of the Arkansas Tax 31 Back Program. 32 Section 2. To the extent the City has authority to grant such authority, the Department of Finance 33 and Administration is authorized to refund any City sales and compensating use taxes collected from [PAGE 1 OF 21 Resolution To endorse Allied Wireless Communications Corporation to participate In the Tax Back Program I Allied Wireless Communications Corporation during the period of time that it participates in the 2 Arkansas Tax Back Program. 3 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 4 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 5 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 6 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 7 resolution. 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 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: September 21, 2010 ATTEST: APPROVED: usan Tt ey, City Clerk Mark Stodola, Mayor APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City A rney // [PAGE 2 Of 21 Resolution To endorse Allied Wireless Communications Corporation to participate In the Tax Back Program