HomeMy WebLinkAbout13735 1 RESOLUTION NO. 13,735
2
3 A RESOLUTION TO CERTIFY LOCAL GOVERNMENT
4 ENDORSEMENT OF FIDELITY NATIONAL INFORMATION
5 SERVICES, INC., LOCATED AT 4001 NORTH RODNEY PARHAM
6 ROAD, #2, LITTLE ROCK, ARKANSAS, TO PARTICIPATE IN THE
7 ARKANSAS TAX BACK PROGRAM (AS AUTHORIZED BY SECTION
8 15-4-2706(D) OF THE CONSOLIDATED INCENTIVE ACT OF 2003);
9 AND FOR OTHER PURPOSES.
10
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, Fidelity National Information Services, Inc. has been declared by the management of
15 the Arkansas Tax Back Program to be an appropriate applicant to benefit from the features of the
16 program; and,
17 WHEREAS, Fidelity National Information Services, Inc. will be expanding an existing facility and
18 purchasing technology equipment, HVAC, office equipment and work stations; and,
19 WHEREAS, the project will result in 150 new jobs and a total investment of Three Million Dollars
20 ($3,000,000.00); and,
21 WHEREAS, Fidelity National Information Services, Inc. has agreed to furnish to the management of
22 the 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 Fidelity National Information Services, Inc. to participate in the
28 Arkansas Tax Back Program and to be eligible to benefit from any refunds and tax credits, including City
29 gross receipts and compensating use tax credits, in accordance with the regulations of the Arkansas Tax
30 Back 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
33 the Fidelity National Information Services, Inc. during the period of time that it participates in the
34 Arkansas Tax Back Program.
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1 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
2 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
3 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
4 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
5 resolution.
6 Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent
7 with the provisions of this resolution, are hereby repealed to the extent of such inconsistency.
8 ADOPTED: July 16,2013
9 ATTES • APPROVED:
10 IN
11 I..__
id / i / /
12 Su‘S . , L n" • ,City Clerk Mark Stodola,Ma'yor'
13 AP' 'O' : I . TO LEGAL FORM:
14 m)( eiottzt,...q.,...._.„
15 (t'10... .
16 Thomas M. Carpenter, City Attorn!
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