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HomeMy WebLinkAbout1989-02-01-R RESOUMCK NO. RESOLUTION BY THE CITY COUNCIL OF THE CITY OF BATESVILLE CERM.FYING LOCAL GOVERNMERr ENDORSEMERr OF DOWEIL TRANSPORT TO PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM WEREAS, the City of Batesville has an approved Zone designation for Enumeration District 1149A within the corporate limits of the City of Batesville; and MMMAS, the local goverrmLent 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 form available from AIDC; and MEREM, Dowell Transport has sought to participate in the program and has been determined by the management of the enterprise zone an appropriate applicant; and eligible for the benefits thereof, and more specifically has reqiested benefits accruing frcm location of their facility; and WHEFEM, Dowell Transport has agreed to furnish the management of the enterprise zone all necessary information for compliance. NOW, THM2CRE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BATESVILLE, ARKANSAS, THAT: 1. Dowell Transport be endorsed by the City of Batesville for benefit from the refunds/exemptions as provided in Part IV of the Arkansas Enterprise Zone Program Regulations of 1983. 2. This resolution shall take effect immediately. 4 z -1fi;l1, Mayor Date Passed: February 28, 1989 Attested: City Clerk