HomeMy WebLinkAbout96791
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. 9,679
M M
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY
OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL
GOVERNMENT ENDORSEMENT OF LEXICON, INCORPORATED TO
PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE
PROGRAM.
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 the
Arkansas Enterprise Zone Program Regulations of 1993; and
WHEREAS, said endorsement must be made on specific
forms available from AIDC; and
WHEREAS, Lexicon, Incorporated, located at 8900 Fourche
Dam Pike, has been determined by the management of the
Enterprise Zone as an appropriate applicant; and
WHEREAS, Lexicon, Incorporated, 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. Lexicon, Incorporated, shall be endorsed by
the City of Little Rock for benefit from the refunds and tax
credits as provided in the Arkansas Enterprise Zone Program
Regulations of 1993, through June 30, 1999, including any
local City gross receipts and compensating use taxes.
SECTION 2. The Mayor is authorized to sign the
required Certificate of Local Government Endorsement.
21%0
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: May 7, 1996
ATTEST: qq
I /a .A C,
City er R bbie Hancock
APPROVED AS TO FORM:
Thomas M. Carpente
City Attorney
APPROVED�P�N :I
Mayo iM Dailey