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RESOLUTION NO. OO 8-9-1 —9 <br /> RESOLUTION OF THE CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF <br /> BUSINESS TO PARTICIPATE IN THE TAX BACK PROGRAM AS AUTHORIZED BY <br /> SECTION 15-4-2706(d) OF THE CONSOLIDATED INCENTIVE ACT OF 2003. <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 tax 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 /> Department of Economic Development; and <br /> WHEREAS, Scroll Compressors, LLC. located at 2895 Harrison Street, Batesville, AR. 72501 <br /> has sought to participate in the program and more specifically has requested benefits accruing <br /> from construction and modernization of the specific facility; and <br /> WHEREAS, Scroll Compressors, LLC. has agreed to furnish the local government all necessary <br /> information for compliance. <br /> Cw NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> BATESVILLE, ARKANSAS, THAT: <br /> 1. Scroll Compressors, LLC. Be endorsed by the City Council of the City of <br /> Batesville, AR for benefits from the Sales & Use Tax Refunds as provided by <br /> section 15-4-2706(d) of the Consolidated Incentive Act of 2003. <br /> 2. The Department of Finance and Administration is authorized to refund local sales <br /> and use taxes to Scroll Compressors, LLC. <br /> 3. This resolution shall take effect immediately. <br /> Honorable R<Ic E um , ayor <br /> ATTEST: <br /> 9- <br /> Denise Johnston DATE <br />