Laserfiche WebLink
RESOLUTION: <br />A RESOLUTION OF THE CITY COUNCIL OF BATESVILLE, ARKANSAS, <br />CERTIFYING LOCAL GOVERNENT ENDORSEMENT OF EURARK, LLC TO <br />PARTICIPATE IN THE TAX BACK PROGRAM AS AUTHORIZED BY <br />ARKANSAS CODE ANNOTATED § 15-4-2706(d). <br />WHEREAS, in order to be considered for participation in the Tax Back Program, the <br />local 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 tax as <br />provided in the Consolidated Incentive Act of 2003; and <br />WHEREAS, Eurark, LLC d/b/a Lifeplus, located at 50 Industrial Drive, Batesville, <br />Arkansas, has sought to participate in the program and more specifically has requested benefits <br />accruing from the expansion and renovation of facilities in addition to the purchase of machinery <br />and equipment; and <br />WHEREAS, Eurark, LLC d/b/a Lifeplus, has agreed to furnish the local government all <br />necessary information for compliance. <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE <br />CITY OF BATESVILLE, ARKANSAS THAT: <br />Section 1: Eurark, LLC is endorsed by the City Council of Batesville for benefits from <br />the sales & use tax refunds as provided by Arkansas Code Annotated § 15-4-2706(d) of the <br />Consolidated Incentive Act of 2003. <br />Section 2: The Department of Finance and Administration is authorized to refund local <br />sales and use taxes to Eurark, LLC. <br />Section 3: This resolution shall take effect immediately. <br />Adopted this day of December, 2022. <br />Rick Elumbaugh, Mayor <br />Attest: <br />Denise M. Johnston, City Clerk <br />