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RESOLUTION <br /> RESOLUTION OF THE CITY OF BATESVILLE CERTIFIYING LOCAL GOVERNMENT ENDORSEMENT OF <br /> BUSINESS TO PARTICIPATE IN THE TAX BACK PROGRAM (AS AUTHORIZED BY SECTION 15-4- <br /> 2706 (D) OF THE CONSOLIDATED INCENTIVE ACT OF 2003) <br /> WHEREAS, in order to be considered for participation in the Tax Back Program, the local <br /> government must endorse a business to participate in the Tax Back Program; and <br /> WHEREAS, the local government must authorize the refund of local sales and use taxes as <br /> provided in the Consolidated Incentive Act of 2003; and <br /> WHEREAS, said endorsement must be made on specific form available from the Arkansas <br /> Economic Development Commission; and <br /> WHEREAS, EurArk, LLC, located at 50 Industrial Drive, Batesville, Arkansas 72501 has sought to <br /> participate in the program and more specifically has requested benefits accruing from a <br /> building addition of the specific facility; and <br /> WHEREAS, EurArk, LLC has agreed to furnish the local government all necessary information for <br /> compliance. <br /> NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BATESVILLE, <br /> ARKANSAS THAT: <br /> 1. EurArk, LLC be endorsed by the City Council of Batesville,Arkansas for the benefits <br /> from the sales and use tax refunds as provided by Section 15.4-2706 (d) of the <br /> Consolidated Incentive Act of 2003. <br /> 2. The department of Finance and Administration is authorized to refund local sales <br /> and use taxes to EurArk, LLC. <br /> 3. This resolution shall take effect immediately. <br /> This Resolution adopted this �1 , day of MCIAA Z014. <br /> a <br /> Ri um au h, Mayor <br /> City of Batesville <br /> Attest: 4#y� <br /> '• w <br /> Denise M. Johnston, City Clerk <br />