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Tax Back <br /> RESOLUTION <br /> RESOL UTION OF THE CITY COUNCIL OF THE CITY OF BATES VILLE CERTIFYING <br /> LOCAL GOVERNMENT ENDORSEMENT OF PILGRIM'S PRIDE TO PARTICIPATE IN <br /> THE TAX BACK PROGRAM(ASA UTHORIZED BY SECTION 15-4-2706(d) OF THE <br /> CONSOLIDATED INCENTIVEACT OF2003). <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 taxes 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 /> Economic Development Commission; and <br /> WHEREAS, Pilgrim's Pride located at 1810 St. Louis Street, Batesville, AR has sought to <br /> participate in the program and more specifically has requested benefits accruing from <br /> construction of the specific facility; and <br /> WHEREAS, Pilgrim's Pride 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. Pilgrim's Pride be endorsed by the City Council of the City of Batesville for benefits <br /> from the sales & use tax refunds as provided by Section 15-4-2706(d) of the Consolidated <br /> Incentive Act of 2003. <br /> 2. The Department of Finance and Administration is authorized to refund <br /> local sales and use taxes to Pilgrim's Pride. <br /> 3. This resolution shall take effect immediately. <br /> J <br /> / Rick Elum aug , ayor <br /> Date Passed: 'I D47A CA0�S A()()Y <br /> Attest: ,LCL Ln.� �'Y� �OL-V-d . <br /> Denise Johnston, City Clerk <br />