HomeMy WebLinkAbout132191 RESOLUTION NO. 13,219
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3 A RESOLUTION TO CERTIFY LOCAL GOVERNMENT
4 ENDORSEMENT OF OLEEN PINNACLE HEALTHCARE
5 CONSULTING, LOCATED AT 10800 FINANCIAL CENTRE PARKWAY,
6 LITTLE ROCK, ARKANSAS, TO PARTICIPATE IN THE ARKANSAS
7 TAX BACK PROGRAM (AS AUTHORIZED BY SECTION 15- 4- 2706(D)
8 OF THE CONSOLIDATED INCENTIVE ACT OF 2003); AND FOR
9 OTHER PURPOSES.
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11 WHEREAS, the regulations of the Arkansas Tax Back Program require local government
12 endorsement of businesses or enterprises that wish to participate in and take advantage of the program,
13 and
14 WHEREAS, Oleen Pinnacle Healthcare Consulting has been declared by the management of the
15 Arkansas Tax Back Program to be an appropriate applicant to benefit from the features of the program,
16 and
17 WHEREAS, Oleen Pinnacle Healthcare Consulting will be expanding current healthcare consulting
18 business operations and purchasing equipment for the expansion, and
19 WHEREAS, the project will result in twenty (20) new jobs and a total investment of $100,000.00,
20 and
21 WHEREAS, Oleen Pinnacle Healthcare Consulting has agreed to furnish to the management of the
22 Arkansas Tax Back Program all information necessary to assure compliance with the terms and
23 conditions of the program;
24 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
25 OF LITTLE ROCK, ARKANSAS:
26 Section 1. The City endorses and the Mayor is authorized to execute any required Certificate of
27 Local Government Endorsement of Oleen Pinnacle Healthcare Consulting to participate in the Arkansas
28 Tax Back Program and to be eligible to benefit from any refunds and tax credits, including City gross
29 receipts and compensating use tax credits, in accordance with the regulations of the Arkansas Tax Back
30 Program.
31 Section 2. To the extent the City has authority to grant such authority, the Department of Finance
32 and Administration is authorized to refund any City sales and compensating use taxes collected from the
33 Oleen Pinnacle Healthcare Consulting during the period of time that it participates in the Arkansas Tax
[PAGE 1 of 21
Resolution
To endorse Oleen Pinnacle Healthcare Consulting
to participate In the Tax Back Program
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Back Program.
Section 3. Severability. In the event any title, section, paragraph, 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 were not originally a part of the
resolution.
Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent
with the provisions of this resolution, are hereby repealed to the extent of such inconsistency.
ADOPTED: October 19, 2010
ATTEST:
usa ley, City Clerk
APP at AS TO LEGAL FORM:
Thomas M. Carpenter, City AbtIrn6
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Resolution
To endorse Oleen Pinnacle Healthcare Consulting
to participate In the Tax Back Program
[PAGE 2 OF 2]
APPROVE
Mark Stodola, Mayor