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HomeMy WebLinkAbout10779RESOLUTION NO. 10,779 1 2 3 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE 4 CITY OF LITTLE ROCK, ARKANSAS, CERTIFYING LOCAL 5 GOVERNMENT ENDORSEMENT OF SOUTHWESTERN BELL 6 WIRELESS, INC. TO PARTICIPATE IN THE ADVANTAGE 7 ARKANSAS PROGRAM. 8 9 10 WHEREAS, the local government must endorse a business or enterprise to 11 participate in the Advantage Arkansas Program and benefit from the exemptions as 12 provided in the Advantage Arkansas Program Regulations of 1993 (formerly the 13 14 Arkansas Enterprise Zone Program); and 15 WHEREAS, said endorsement must be made on specific forms available from 16 AIDC; and 17 WHEREAS, Southwestern Bell Wireless, Inc. , located at 17,000 Cantrell Road, 18 has been determined by the management of the Advantage Arkansas Program as an 19 20 appropriate applicant; and 21 WHEREAS, Southwestern Bell Wireless, Inc. has agreed to furnish to 22 management of the Advantage Arkansas Program all necessary information for 23 compliance. 24 NOW, THEREFORE, BE IT RESOLVED. BY THE BOARD OF 25 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 26 27 SECTION 1 -A. Southwestern Bell Wireless, Inc. shall be endorsed by the City 28 of Little Rock for benefit from the refunds and tax credits as provided in the Advantage 29 Arkansas Program Regulations of 1993, through June 30, 1999, including any local City 30 gross receipts and compensating use taxes. 31 SECTION 1 -B. The Department of Finance and Administration shall be 32 33 authorized to refund local sales and use taxes to Southwestern Bell Wireless, Inc. 34 SECTION 2. The Mayor is authorized to sign the required Certificate of Local 35 Government Endorsement. 36 0 0 SECTION 3. This Resolution shall take effect and be in full force from and after its adoption and approval. ADOPTED: ATTEST: March 7, 2000 City Cle /k Nancy Wood APPROVED AS TO FORM: Thomas M. Carpenter City Attorney APPROVED: 4a )or Jim Dailey