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HomeMy WebLinkAbout2024-04-09-Agenda PacketRick Elumbaugh, Mayor Denise Johnston, Clerk Timothy Meitzen, Attorney A HISTORIC TREASURE e�n ` U AR NSAS' OLDE;� CX AGENDA CITY OF BATESVILLE CITY COUNCIL 500 EAST MAIN BATESVILLE, AR 72501 April 9, 2024 5:30 P.M. 1. CALL TO ORDER 2. INVOCATION 3. ROLL CALL BY CITY CLERK 4. APPROVAL OF MINUTES COUNC/LMEMBERS Brittany Bennett Scott Fredricks Julie Hinkle Paige Hubbard Fred Krug Douglas Matthews Chris Poole Landon Reeves 5. APPROVAL OF AGENDA 6. COMMENTS FROM CITIZENS 7. UNFINISHED BUSINESS None 8. NEW BUSINESS A) Police Department Report B) Engineer's Report C) Fire Department Report D) Consider a resolution certifying local government endorsement of BadBoy Inc. to participate in the Tax Back Program of the Consolidated Incentive Act of 2023 E) Executive Session F) Financial report 9. COMMENTS FROM THE MAYOR 10. LIAISON REPORTS 11. COMMENTS FROM COUNCIL MEMBERS (by roll call) 12. ADJOURNMENT Batesville- My Hometown... Make it Yours! Tax Back RESOLUTION No. RESOLUTION OF THE CITY COUNCIL OF BATESVILLE CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF BADBOY INC.TO PARTICIPATE IN THE TAX BACK PROGRAM (AS AUTHORIZED BY SECTION 15- 4-2706(d) OF THE CONSOLIDATED INCENTIVE ACT OF 2003). WHEREAS, in order to be considered for participation in the Tax Back Program, the local government must endorse a business to participate in the Tax Back Program; and WHEREAS, the local government must authorize the refund of local sales and use taxes as provided in the Consolidated Incentive Act of 2003; and WHEREAS, said endorsement must be made on specific form available from the Arkansas Economic Development Commission; and WHEREAS, Badboy Inc. located at 102 Industrial Drive, Batesville, Arkansas has sought to participate in the program and more specifically has requested benefits accruing from construction of the specific facility; and WHEREAS, Badboy Inc. has agreed to furnish the local government all necessary information for compliance. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF BATESVILLE, ARKANSAS, THAT.- Badboy Inc. be endorsed by the City Council of Batesville, Arkansas for benefits from the sales & use tax refunds as provided by Section 15-4-2706(d) of the Consolidated Incentive Act of 2003. 2. The Department of Finance and Administration is authorized to refund local sales and use taxes to Badboy Inc. 3. This resolution shall take effect immediately. Title of head of governing body Date Passed: Attest: Clerk