HomeMy WebLinkAbout10384RESOLUTION NO. 10,384
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
CITY OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL
GOVERNMENT ENDORSEMENT OF QUALITY FOODS, INC.
TO PARTICIPATE IN THE ADVANTAGE ARKANSAS
PROGRAM.
WHEREAS, the local government must
endorse a
business or enterprise
to
participate in the Advantage Arkansas Program
and benefit
from the
exemptions
as
provided in the Advantage Arkansas Program Regulations of 1993 (formerly the
Arkansas Enterprise Zone Program); and
WHEREAS, said endorsement must be made on specific forms available from
AIDC; and
WHEREAS, Quality Foods, Inc., located at 4901 Asher Avenue, has been
determined by the management of the Advantage Arkansas Program as an appropriate
applicant; and
WHEREAS, Quality Foods, Inc. has agreed to furnish to management of the
Advantage Arkansas Program 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. Quality Foods, Inc. shall be endorsed by the City of Little Rock
for benefit from the refunds and tax credits as provided in the Advantage Arkansas
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 Quality Foods, 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: October 20, 1998
ATTEST:
City Clerk Robbie Hancock
APPROVED AS TO FORM:
�r o.
AA.
Thomas M. Carpente
City Attorney
APPROVED:�n,
V�
Mayq Jim Dailey
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