HomeMy WebLinkAbout1987-02-01-R (W
RESOLUTION NO. ' ' I - 2
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BATESVILLE
CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO
PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM.
WHEREAS, the City of Batesville has an approved Zone designation
for Enumeration District #11498 within the corporate limits of
the City of Batesville; and
WHEREAS, the local government must endorse a business or
enterprise to participate in the Arkansas Enterprise Zone
Program and benefit from the exemptions as provided in Part IV
of the Arkansas Enterprise Zone Program Regulations of 1983; and
WHEREAS, said endorsement must be made on specific forms
available from AIDC; and
WHEREAS, Cupples Products, to be located off Highway 233 in the
building commmonly referred to as the ATI building, has sought
to participate in the program and has been found by the
management team of the enterprise zone program to be eligible
. for the benefits thereof, and more specifically has requested
(W benefits accruing from the operations of the plant; and -
WHEREAS, Cupples Products has agreed to furnish the management
of the enterprise zone all necessary information for compliance.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
BATESVILLE, ARKANSAS, THAT:
1. Cupples Products be endorsed by the City of Batesville for
benefits from the refunds/exemptions as provided in Part IV
of the Arkansas Enterprise Zone Program Regulations of 1983,
through June 30, 1989.
2. This resolution shall take effect immediately.
a or
2 IC
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Date Passed
ATTEST:
City Clerk
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