HomeMy WebLinkAbout10227RESOLUTION NO. 10,227
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
CITY OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL
GOVERNMENT ENDORSEMENT OF VINYL BUILDING
PRODUCTS, INC. 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, Vinyl Building Products, Inc., located at 8801 Frazier Pike, has
been determined by the management of the Enterprise Zone as an appropriate applicant,
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WHEREAS, Vinyl Building Products, Inc. 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 -A. Vinyl Building Products, Inc. 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 1 -B. The Department of Finance and Administration shall be
authorized to refund local sales and use taxes to Vinyl Building Products, Inc.
SECTION 2. The Mayor is authorized to sign the required Certificate of Local
Government Endorsement.
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SECTION 3. This Resolution shall take effect and be in full force from and after
its adoption and approval.
ADOPTED: March 17, 1998
ATTEST:
ca City CQIe�IZo U a
Hancock
APPROVED AS TO FORM:
Thomas M. Carpenter
City Attorney li
APPROVED:
ay r Jim Dailey