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RESOLUTION NO. 10,855
A RESOLUTION TO AUTHORIZE LOCAL GOVERNMENT
ENDORESEMENT OF ACXIOM CORPORATION PARTICIPATE
IN THE ADVANTAGE ARKANSAS PROGRAM; AND FOR
OTHER PURPOSES.
WHEREAS, the regulations of the Advantage Arkansas Program, formerly the
Arkansas Enterprise Zone Program, require'local government endorsement of a business
or enterprise that wishes to participate in, and take advantage of, the program, and
WHEREAS, this endorsement is required to be on specific forms supplied by the
Arkansas Industrial Development Commission, and,
WHEREAS, Acxiom Corporation, located at 601 E. J`d Street, Little Rock
Arkansas has been declared by the management of the Advantage Arkansas Program as
an appropriate applicant to participate in, and benefit from, the features of the program,
and
WHEREAS,Acxiom Corporation. has agreed to furnish to management of the
Advantage Arkansas Program all information necessary to assure compliance with the
terms and conditions of the program.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1 -A. The City endorses, and the Mayor is authorized to execute any
required Certificate of Local Government Endorsement, Acxiom Corporation to
participate in the Advantage Arkansas Program, and to be eligible to benefit from any
refunds and tax credits, including City gross receipts and compensating use tax credits, in
accordance with the regulations of the Advantage Arkansas Program.
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SECTION 2. To the extent the City has authority to grant such authority, the
Department of Finance and Administration is authorized to refund any City sales and
compensating use taxes collected from Acxiom Corporation, during the period of time
that it participates in the Advantage Arkansas Program.
SECTION 2. Severability. In the event any action, subsection, subdivision,
paragraph, subparagraph, item, sentence, clause, phrase, or word of this resolution is
declared or adjudged to be invalid or unconstitutional, such declaration or adjudication
shall not affect the remaining portions of the resolution which shall remain in full force
and effect as if the portion so declared or adjudged invalid or unconstitutional was not
originally a part of the resolution.
SECTION 3. Repealer. All laws, ordinances, resolutions, or parts of the same,
that are inconsistent with the provisions of this resolution are herby repealed to the extent
of such inconsistency.
ADOPTED: July 18, 2000
ATTEST:
Ci lerk a y Wood
APPROVED AS TO FORM:
Thomas M. Carpenter
City Attorney
APPROVED:
X0///, /' �-' 6, /-
VirTXor B. J. renda) Wyrick
CERTIFICATE
STATE OF ARKANSAS)
COUNTY OF PULASKI) SS
CITY OF LITTLE ROCK)
I, Nancy Wood, City Clerk within and for the City aforesaid, do hereby certify
that the foregoing is a true and correct copy of Resolution No. 10,855 of the Resolutions
of the City of Little Rock, Arkansas, entitled: "A RESOLUTION OF THE BOARD
OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS,
CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF ACXIOM
CORPORATION TO PARTICIPATE IN THE ADVANTAGE ARKANSAS
PROGRAM "; adopted by the Board of Directors of said City on July 18, 2000, said
Resolution now appearing of record in this office.
IN WITNESS WHEREOF, I have hereunto set my hand and seal of office on this
22nd Day of August, 2000...
A
City lerk
City of Li le Rock, Arkansas