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RESOLUTION No. C71 (0—"5- 1- R <br /> RESOLUTION OF THE CITY OF BATESVILLE CERTIFYING LOCAL GOVERNMENT <br /> ENDORSEMENT OF BUSINESS TO PARTICIPATE IN THE TAX BACK PROGRAM(AS <br /> AUTHORIZED BY THE CONSOLIDATED INCENTIVEACT OF 2003,SECTIONI5-4- <br /> 2706(D)). <br /> WHEREAS, the local government must endorse a business to participate in the Tax Back <br /> Program and benefit from the refunds/tax credits as provided in the Consolidated Incentive Act <br /> of 2003, Section 15-4-2706(d); and <br /> WHEREAS, said endorsement must be made on specific form available from the Arkansas <br /> Department of Economic Development; and <br /> WHEREAS, Eurark, LLC located at 45 Sherrill Lane has sought to participate in the program <br /> and more specifically has requested benefits accruing from new construction of the specific <br /> facility; and <br /> WHEREAS,Eurark, LLC has agreed to furnish the local government all necessary information <br /> for compliance. <br /> NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> BATESVILLE,ARKANSAS, THAT: <br /> 1. Eurark, LLC be endorsed by the City Council of the City of Batesville, Arkansas for <br /> benefits from the refunds/tax credits as provided in the Consolidated Incentive Act of <br /> 2003, Section 15-4-2706(d). <br /> 2. The Department of Finance and Administration be authorized to refund local sales and <br /> use taxes to Eurark, LLC. <br /> 3. This resolution shall take effect immediately. <br /> This Resolution adopted this X10 day of , 2016. <br /> A <br /> C <br /> R augh, Mayor <br /> City of <br /> Attest: o, J/I/,\I' w4n-j t"A I dn�-jn <br /> Denise M. Johnston, City Merk <br />