Loading...
HomeMy WebLinkAbout10329M M M M M 0 M 0 1 RESOLUTION NO. 10,329 2 3 4 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE 5 CITY OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF ALLTEL CORPORATION 6 AND SUBSIDIARIES TO PARTICIPATE IN THE ARKANSAS 7 ENTERPRISE ZONE PROGRAM. 8 9 10 WHEREAS, the local government must endorse a business or enterprise to 11 participate in the Arkansas Enterprise Zone Program and benefit from the exemptions as 12 provided in the Arkansas Enterprise Zone Program Regulations of 1993, and 13 14 WHEREAS, said endorsement must be made on specific forms available from 15 AIDC, and 16 WHEREAS, ALLTEL Corporation and its Subsidiaries have been determined by 17 18 the management of the Enterprise Zone as an appropriate applicant, and 19 WHEREAS, these jobs will be filled in various entities at multiple locations 20 throughout the City and temporary lease locations as required pending completion of the 21 22 project: East Campus One Allied Drive 23 West Campus 4001 Rodney Parham Road 24 Paramount 11025 Anderson Drive Simmons 11101 Anderson Drive 25 Output Processing Center II 2201 Brookwood Drive 26 ALLTEL Airplane Hanger 2505 Crisp Drive Service Station 3501 Old Cantrell Road 27 Disaster Recovery Site 409 Shall Street 28 and 29 WHEREAS, ALLTEL Corporation and its Subsidiaries have agreed to furnish to 30 management of the Enterprise Zone all necessary information for compliance. 31 32 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF 33 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 34 SECTION 1 -A. ALLTEL Corporation and its Subsidiaries shall be endorsed by 35 36 the City of Little Rock for benefit from the refunds and tax credits as provided in the 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 i ! i 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 ALLTEL Corporation and its Subsidiaries. SECTION 2. The Mayor is authorized to sign the required Certificate of Local Government Endorsement. SECTION 3. This Resolution shall take effect and be in full force from and after its adoption and approval. ADOPTED: August 18, 1998 ATTEST: City Clerk Robbie Hancock APPROVED AS TO FORM: Thomas M. Carpenter City Attorney APPROVED: M y r Jim Dailey 38