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HomeMy WebLinkAbout56-00 RESOLUTION• RESOLUTION NO. 56-00 MICROFILMED A RESOLUTION OF THE CITY OF FAYETTEVILLE, OF WASHINGTON COUNTY, ARKANSAS, CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF AUTOMATED RESEARCH AND MARKETING TO PARTICIPATE IN THE ADVANTAGE ARKANSAS PROGRAM (ALSO KNOWN AS 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/tax credits as provided in the Arkansas Enterprise Zone Program Regulations of 1993; and WHEREAS, said endorsement must be made on specific form available from the Arkansas Department of Economic Development; and WHEREAS, Automated Research & Marketing located at 34 West Colt Square in Fayetteville, Arkansas has sought to participate in the program and more specifically has requested benefits accruing from expanding into a larger facility; and WHEREAS, Automated Research & Marketing has agreed to furnish the local government all necessary information for compliance. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. Automated Research & Marketing be endorsed by the City of Fayetteville, of Washington County, Arkansas, for benefits from the refunds/tax credits as provided in the Arkansas Enterprise Zone Program Regulations of 1993, through June 30, 2001. Section 2. The Department of Finance and Administration be authorized to refund local sales and use taxes to Automated Research & Marketing. Section 3. This resolution shall take effect immediately. PASSED AND APPROVED this 18" day of April ,2000. APPROVED: //1/4/44/1 ATTEST: By: Heather Woodruff, City Cler By: Fre Hanna, Mayor NAME OF FILE: CROSS REFERENCE: • Date Contents of File Initials f4f-ao -54elao )97/727gooplit, FAYETTEVPLLE THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENTAL CORRESPONDENCE To: Marilyn Cramer, Accounting From: Heather Woodruff, City Clerk Date: April 21, 2000 Attached is a copy of resolution certifying local government endorsement of Automated Research and Marketing to participate in the Advantage Arkansas Program. The original will be microfilmed and filed with the City Clerk. • RESOLUTION NO.. 56-00 A RESOLUTION OF THE CITY OF FAYETTEVILLE, OF WASHINGTON COUNTY, ARKANSAS, CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF AUTOMATED RESEARCH AND MARKETING TO PARTICIPATE IN THE ADVANTAGE ARKANSAS PROGRAM (ALSO KNOWN AS 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/tax credits as provided in the Arkansas Enterprise Zone Program Regulations of 1993; and WHEREAS, said endorsement must be made on specific form available from the Arkansas Department of Economic Development; and WHEREAS, Automated Research & Marketing located at 34 West Colt Square in Fayetteville, Arkansas has sought to participate in the program and more specifically has requested benefits accruing from expanding into a larger facility; and WHEREAS, Automated Research & Marketing has agreed to furnish the local government all necessary information for compliance. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS• Section 1. Automated Research & Marketing be endorsed by the City of Fayetteville, of Washington County, Arkansas, for benefits from the refunds/tax credits as provided in the Arkansas Enterprise Zone Program Regulations of 1993, through June 30, 2001. Section 2. The Department of Finance and Administration be authorized to refund local sales and use taxes to Automated Research & Marketing. Section 3. This resolution shall take effect immediately. PASSED AND APPROVED this 18'h day of April , 2000. APPROVED: By: Alatku/ ATTEST: By: SM1 a2,1 Heather Woodruff, City Cle Fred Hanna, Mayor