HomeMy WebLinkAbout105-86 RESOLUTIONRESOLUTION NO. 105-86
s yt
RESOLUTION OF THE CITY BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE
CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE
IN THE ARKANSAS ENTERPRISE ZONE PROGRAM.
WHEREAS, The City of Fayetteville has an approved Zone designation
for Census Tract III, Block Group 2 within the corporate limits of
the City of Fayetteville; and
WHEREAS, the local government must endorse a business or enterprize
to participate in the Arkansas Enterprise Zone Program and benefit
from the refunds/exemptions as provided in Part IV of the Arkansas
Enterprise Zone Program Regulations of 1983; and
WHEREAS, Armstrong Bros. Tool Company has been determined by the
management of the enterprise zone appropriate applicants; and
WHEREAS, Armstrong Bros. Tool Company has agreed to furnish the
management of the enterprise zone all necessary information for
compliance.
NOW THEREFORE 'BE IT RESOLVED BY THE CITY BOARD OF DIRECTORS OF THE
CITY OF FAYETTEVILLE, ARKANSAS, THAT:
1. Armstrong Bros. Tool Company be endorsed by the City of
Fayetteville for benefit from the refunds/exemptions as provided
in Part IV of the Arkansas Enterprise Zone Program Regulations
of 1983.
2. This resolution shall take effect immediately.
Date Passed: October 21, 1986