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Advantage Arkansas <br /> RESOLUTION No.AOOA-/O"/-le <br /> RESOLUTION OF THE CITY COUNCIL OF BATESVILLE,ARKANSAS, CERTIFYING <br /> LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE IN THE <br /> ADVANTAGE ARKANSAS PROGRAM(ALSO KNOWNAS THE ARKANSAS <br /> ENTERPRISE ZONE PROGRAM-ACT 947 OF 1993 as amended). <br /> WHEREAS, the local government must endorse a business to participate in the Advantage <br /> Arkansas Program and benefit from the refunds/tax credits as provided in the Arkansas <br /> Enterprise Zone Program Regulations of 1993 as amended; and <br /> WHEREAS, said endorsement must be made on specific form available from the Arkansas <br /> Department of Economic Development; and <br /> WHEREAS, Montgomery Tool and Die, Inc. and Precision Plastic Molding, Inc. located at 50 <br /> Industrial Drive, Batesville, Arkansas, have sought to participate in the program and more <br /> specifically have requested benefits accruing from expansion and construction of the specific <br /> facility; and <br /> WHEREAS, Montgomery Tool and Die, Inc. and Precision Plastic Molding, Inc. have agreed to <br /> furnish the local government all necessary information for compliance. <br /> NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF BATESVILLE, <br /> ARKANSAS, THAT. <br /> I. Montgomery Tool and Die, Inc. and Precision Plastic Molding, Inc. be endorsed by the <br /> City Council of Batesville, Arkansas, for benefits from the refunds/tax credits as provided <br /> in the Arkansas Enterprise Zone Program Regulations of 1993 as amended. <br /> 2. The Department of Finance and Administration be authorized to refund local sales and <br /> use taxes to Montgomery Tool and Die, Inc. and Precision Plastic Molding, Inc. <br /> 3. This resolution shall take effect immediately. <br /> 94 <br /> ,. L-& v Mayor, City of atesville <br /> Date Passed: dca add <br /> Attest: kxr�_ o7r 47-j-d <br /> Clerk, City of Batesville(/ <br /> Is <br />