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(W <br /> RESOLUTION NO. ' ' I - 2 <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BATESVILLE <br /> CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO <br /> PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM. <br /> WHEREAS, the City of Batesville has an approved Zone designation <br /> for Enumeration District #11498 within the corporate limits of <br /> the City of Batesville; and <br /> WHEREAS, the local government must endorse a business or <br /> enterprise to participate in the Arkansas Enterprise Zone <br /> Program and benefit from the exemptions as provided in Part IV <br /> of the Arkansas Enterprise Zone Program Regulations of 1983; and <br /> WHEREAS, said endorsement must be made on specific forms <br /> available from AIDC; and <br /> WHEREAS, Cupples Products, to be located off Highway 233 in the <br /> building commmonly referred to as the ATI building, has sought <br /> to participate in the program and has been found by the <br /> management team of the enterprise zone program to be eligible <br /> . for the benefits thereof, and more specifically has requested <br /> (W benefits accruing from the operations of the plant; and - <br /> WHEREAS, Cupples Products has agreed to furnish the management <br /> of the enterprise zone all necessary information for compliance. <br /> NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> BATESVILLE, ARKANSAS, THAT: <br /> 1. Cupples Products be endorsed by the City of Batesville for <br /> benefits from the refunds/exemptions as provided in Part IV <br /> of the Arkansas Enterprise Zone Program Regulations of 1983, <br /> through June 30, 1989. <br /> 2. This resolution shall take effect immediately. <br /> a or <br /> 2 IC <br /> i � <br /> Date Passed <br /> ATTEST: <br /> City Clerk <br /> L <br />