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RES NO 05-01-1989 5-1-1q29 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 1 rr -1989 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VAN BUREN CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM. WHEREAS, The City of Van Buren has an approved Zone designation for Census Tract 205, Block Group 9 within the corporate limits of the City of Van Buren; and WHEREAS, The local gcvernment must endorse a business enterprise to participate in the Arkansas Enter- prise Zone Program and benefit from the refunds/ exemptions as provided in Part IV of the Arkansas Enterprise Zone Program Regulations of 1983; and WHEREAS, Giong Antique Furnitue, Inc., to be located in Van Buren, has sought to participate in the pro- gram and has been found to be eligible for the benefits thereof, and more specifically has requested benefits accruing from location of the Van Buren facility; and WHEREAS, Giong Antique Furniture, Inc., has agreed to furnish the City all necessary information for compliance: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: 1. THAT Giong Antique Furniture, Inc., be endorsed by the City of Van Buren for benefit from the refunds /exemptions as provided in Part IV of the Arkansas Enterprise Zone Program Regulations of 1983, through June 30, 1989. PASSED AND APPROVED THIS 15TH DAY OF MAY 19 89. 1 r MAYOR ATTESTED: A SURER CI Y CLERK TREASURER