Laserfiche WebLink
RESOLUTION NO ( ?O 10 —` �s�I <br /> (aw <br /> RESOLUTION OF THE CITY OF BATESVILLE CERTIFYING LOCAL <br /> GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE IN THE <br /> TAX BACK PROGRAM (AS AUTHORIZED BY SECTION 15-4-2706(D) OF THE <br /> CONSOLIDATED INCENTIVE ACT OF 2003). <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 taxes <br /> as provided in the Consolidated Incentive act of 2003; and <br /> WHEREAS, said endorsement must be made on specific form available from the <br /> Arkansas Department of Economic Development; and <br /> WHEREAS, FutureFuel Chemical Corporation located at 2800 Gap Road, Batesville, <br /> AR had sought to participate in the program and more specifically has requested benefits <br /> accruing from FutureFuel Chemical Corporation, 2800 Gap Road, Batesville, AR of the <br /> specific facility; and <br /> WHEREAS, FutureFuel Chemical Corporation has agreed to furnish the local <br /> • government all necessary information for compliance. <br /> NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE <br /> CITY OF BATESVILLE,ARKANSAS, THAT: <br /> 1. FutureFuel Chemical Corporation. be endorsed by the City Council of the City of <br /> Batesville, Arkansas for benefits from the sales and use tax refunds as provided <br /> by Section 15-4-2706(D) of the Consolidated Incentive Act of 2003. <br /> 2. The Department of Finance and Administration is authorized to refund local sales <br /> tax and use taxes to FutureFuel Chemical Corporation. <br /> 3. This resolution shall take effect immediately. <br /> DATE: <br /> Xe�14z-'i <br /> MAYO <br /> • CITY CLERK <br />