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HomeMy WebLinkAbout02-02 RESOLUTION• • RESOLUTION NO, 2-02 A RESOLUTION CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF PINNACLE FOODS CORPORATION TO PARTICIPATE IN THE ADVANTAGE ARKANSAS PROGRAM, ALSO KNOWN AS THE ARKANSAS ENTERPRISE ZONE PROGRAM. 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, as amended; and WHEREAS, said endorsement must be made on a specific form available from the Arkansas Department of Economic Development; and WHEREAS, Pinnacle Foods Corporation, Located at 1100 W. 15th Street, Fayetteville, Arkansas has sought to participate in the program and more specifically has requested benefits accruing from the expansion of the specified facility; and WHEREAS, Pinnacle Foods Corporation has agreed to provide the City of Fayetteville, Arkansas all information necessary for compliance. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council hereby endorses Pinnacle Foods Corporation 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, as amended. Section 2. That the City Council authorizes the Arkansas Department of Finance and Administration to refund local sales and use taxes to Pinnacle Foods Corporation to which they may be entitled under the Advantage Arkansas Program. PASSED AND APPROVED this 2nd day of January, 2002. A By: CL., HETHER W ODRUFF, City Clerk APPRO D: By d/ L pll. DAN COODY, Ma NAME OF FILE: CROSS REFERENCE: Resolution No. 2-02 01/02/02 Resolution No. 2-02 01/04/02 Memo to Alderman Randy Zurcher, Ward 2, from Heather Woodruff, City Clerk NOTES: RESOLUTION NO. RESOLUTION OF THE CITY COUNCIL OF FAYETTEVILLE CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE IN THE ADVANTAGE ARKANSAS PROGRAM (ALSO KNOWN AS THE ARKANSAS ENTERPRISE ZONE PROGRAM - ACT 947 OF 1993 as amended). 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 as amended; and WHEREAS, said endorsement must be made on specific form available from the Arkansas Department of Economic Development; and WHEREAS, Pinnacle Foods Corporation located at 1 100 W. 1St" Street has sought to participate in the program and more specifically has requested benefits accruing from expansion of the specific facility; and WHEREAS, Pinnacle Foods Corporation has agreed to furnish the local government all necessary information for compliance. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF FAYETTEVILLE, ARKANSAS, THAT: 1. Pinnacle Foods Corporation be endorsed by the City of Fayetteville for benefits from the refunds/tax credits as provided in the Arkansas Enterprise Zone Program Regulations of 1993 as amended. 2. The Department of Finance and Administration be authorized to refund local sales and use taxes to Pinnacle Foods Corporation, as related to the Advantage Arkansas Program. 3. This resolution shall take effect immediately. Date Passed: Attest: Clerk Title of head of governing body FAYETTEVtLLE THE CITY OF FAYFTIIVILLF. ARKANSAS DEPARTMENTAL CORRESPONDENCE • To: Alderman Randy Zurcher, Ward 2 From: Heather Woodruff, City Clerk Date: January 4, 2002 Please find attached a copy of Resolution No. 2-02 certifying local govemment endorsement of Pinnacle Foods Corporation to participate in the Advantage Arkansas Program, also know as the Arkansas Enterprise Zone Program. The original will be microfilmed and filed with the City Clerk. cc: Nancy Smith, Internal Audit 010 03 Update Document Reference RES City of Fayetteville Index Maintenance Iter Action Date Ref. Taken Brief Description 1022002 2-02 ADVANTAGE ARKANSAS PROGRAM 1/09/2002 13:34:16 Enter Keywords RES. 2-02 LRDORSEMENT PINNACLE FOODS CORPORATION ADVANTAGE ARKANSAS PROGRAM THE ARKANSAS ENTERPRISE ZONE ARKANSAS ENTERPRISE ZONE File Reference # • MICROFILM Security Class Expiration Date Date for Cont/Referred: Name Referred to • Cmdl-Return Cmd8-Retention CmdS-Abstract Yes No Retention Type: **** Active *TTT Cmd4-Delete Cmd3-End Press 'ENTER' to Continue (c) 1986-1992 Munimetrix Systems Corp.