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RES NO 08-01-2013 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO D t 2013 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION AUTHORIZING THE MAYOR TO SUBMIT AN APPLICATION FOR GRANT FUNDS FOR THE EXPANSION OF BEKAERT CORPORATION. WHEREAS, the City of Van Buren is applying to the State of Arkansas for an Arkansas Community and Economic Development Grant; and WHEREAS, it is necessary that certain conditions be met as part of the application requirements; and WHEREAS, the City of Van Buren has conducted a public hearing as part of the application process to receive and consider comments on community development and housing needs, and proposed activities; and WHEREAS, as a result of the public hearing, the City of Van Buren will identify and prioritize the community development and housing needs. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS, THAT: Section 1: The Mayor is authorized to submit an application to the State of Arkansas, on behalf of the City of Van Buren, for the expansion of the Bekaert Corporation in Van Buren, Arkansas and for the creation of 45 new full -time jobs if the grant is awarded. IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of 1p for and 0 against le foregoing Resolution at its regular meeting held on the 19 day of August 2013. Robert reem. Mayor AT ESTED: $I 'OVED AS TO FORM: C e_mra Barbie Curtis ��.ske e City Clerk/Treasurer City lo