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HomeMy WebLinkAbout100-97 RESOLUTION • RESOLUTION NO, 10 0-9 7 "` ," A RESOLUTION CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF STAFFMARK, INC. TO PARTICIPATE IN THE ADVANTAGE ARKANSAS PROGRAM(FORMERLY THE ARKANSAS ENTERPRISE ZONE PROGRAM - ACT 947 OF 1993). WHEREAS,the local government must endorse a business to participate in the Advantage Arkansas Program and benefit from the refunds and tax credits as provided in the Arkansas Enterprise Zone Act of 1993 Regulations; and WHEREAS, said endorsement must be made by Resolution in substantially the form prescribed by the Arkansas Economic Development Commission; and WHEREAS, Staffmark, Inc. located at 302 East Millsap Road,Fayetteville, AR 72703 has sought to participate in the program and more specifically has requested benefits accruing from the expansion of its corporate headquarters located at such address; and WHEREAS, Staffmark, Inc. has agreed to furnish the local government all necessary information for compliance. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF FAYETTEVILLE,ARKANSAS: Section 1. Staffmark,Inc. is endorsed by the City of Fayetteville,Arkansas for benefits from the refunds and tax credits as provided in the Arkansas Enterprise Zone Act of 1993 Regulations, through June 30, 2001. Section 2. The Department of Finance and Administration is authorized to refund all local sales and use taxes to Staffmark, Inc. Section 3. This resolution shall take effect immediately. µ , ` r PASSED ANp APPROVED this 21st day of October , 1997. APPROVED !; `'‘,.-,;j•'• t.4A44444,_ •I • `• / By. Fred arena, Mayor ATTES . By: J Qt.e} Traci Paul