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HomeMy WebLinkAbout8881M u 1 2 3 4 5 6 7 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 36 RESOLUTION NO. 8,881 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF USF YEAST COMPANY TO PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM. WHEREAS, the City of Little Rock has an approved zone designation for Census Tract 40.03, Block Group 2 within the corporate limits of the City of Little Rock, and WHEREAS, the local government must endorse a business or enterprise to participate in the Arkansas Enterprise Zone Program and benefit from the exemptions as provided in Part IV of the Arkansas Enterprise Zone Program Regulations of 1983, and WHEREAS, said endorsement must be made on specific forms available from AIDC, and WHEREAS, USF Yeast Company, located at 10001 Industrial Harbor Drive, has been determined by the management of the Enterprise Zone as an appropriate applicant, and WHEREAS, USF Yeast Company has agreed to furnish to management of the Enterprise Zone, all necessary information for compliance. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. USF Yeast Company shall be endorsed by the City of Little Rock for benefit from the exemptions as provided in Part IV of the Arkansas Enterprise Zone Program Regulations of 1983. SECTION 2. The Mayor is authorized to sign the required Certificate of Local Government Endorsement. C= (Q 1 2 3 4 5 6 7 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 36 SECTION 3. This Resolution shall take effect and be in full force from and after its adoption and approval. ADOPTED: March 16, 1993 ATTEST: City Clerk Robbie-Hancock APPROVED AS TO FORM: Thomas M. Carpent City Attorney APPROVED: Ma r Jim Dailey 118