HomeMy WebLinkAbout1996-05-01-R RESOLUTION NO. 1 S�
RESOLUTION OF THE CITY OF BATESVILLE, ARKANSAS CERTIFYING LOCAL
GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE IN THE
ARKANSAS ENTERPRISE ZONE PROGRAM OF 1993.
WHEREAS, the local government must endorse a business or enterprise to participate
in the Arkansas Enterprise Zone Program and benefit from the refunds/tax credits as
provided in the Arkansas Enterprise Zone Program Regulations of 1993; and
WHEREAS, International Utility Structures, Inc. located at 2210 E. Main, Batesville,
Arkansas sought to participate in the program and more specifically has requested
benefits accruing from relocating to the specific facility; and
WHEREAS, International Utility Structures, 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:
1. International Utility Structures, Inc. be endorsed by the City of Batesville for benefits
from the refunds/tax credits as provided in the Arkansas Enterprise Zone Program
Regulations of 1993, through June 30, 1999.
2. The Department of Finance and Administration be authorized to refund local sales
and use taxes to International Utility Structures, Inc.
3. This resolution shall take effect immediately.
This resolution adopted this f� day of May 1996.
JOE BIA , MAYOR
ATTEST:
DENISE M. JOHNSTON, CITY CLERK