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fib► <br /> RESOLUTION No. 6�w y—S /—�� <br /> RESOLUTION OF THE CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF <br /> BUSINESS TO PARTICIPATE IN THE TAX BACK PROGRAM AS AUTHORIZED BY <br /> SECTION 15-4-2706(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 tax 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 /> Department of Economic Development; and <br /> WHEREAS, Cushman Sawmill, Inc. located at 2465 White Drive, Batesville, AR. 72501 has <br /> sought to participate in the program and more specifically has requested benefits accruing from <br /> construction and modernization of the specific facility; and <br /> WHEREAS, Cushman Sawmill, Inc. has agreed to furnish the local government all necessary <br /> information for compliance. <br /> NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> BATESVILLE, ARKANSAS, THAT: <br /> 1. Cushman Sawmill, Inc. be endorsed by the City Council of the City of Batesville, AR. for <br /> benefits from the Sales & 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 and use <br /> taxes to Cushman Sawmill, Inc. <br /> 3. This resolution shall take effect immediately. <br /> -jy\j c2-7, oZck�d' <br /> Honorab ick E ugh, Mayor <br /> ATTEST: <br /> / �2r�.-)-yti f�- <br /> LDenise Johnston, Clerk <br />