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RES NO 08-02-1986 g -2 1c1 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. f 1986 A RESOLUTION AUTHORIZING THE SUBMISSION OF AN APPLICATION FOR TAX CREDITS UNDER THE ARKANSAS ENTERPRISE ZONE PROGRAM BY CPI. INC.. A SUBSIDIARY OF ARKANSAS BEST CORPORATION. WHEREAS: CPI. Inc. a subsidiary of Arkansas Best Corporation has expressed interest in taking advantage of tax credits under the Arkansas Enterprise Zone Program. This business proposes development activities within a designated enterprise zone in the City of Van Buren, Arkansas, based on information provided by the business. NOW. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS. THAT. The City of Van Buren, Arkansas agrees that CPI, Inc., a subsidiary of Arkansas Best Corporation be able to submit an application for tax credits under the Arkansas Enterprise Zone Program and hereby endorses its participation in the Program. PASSED AND APPROVED THIS DAY OF 4i/./ 19 je 4 IT MAYOR A' TESTES: C TY CLERK TREASURER