RES NO 02-03-2014 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. Z -3 2014
BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN,
ARKANSAS, A RESOLUTION TO BE ENTITLED:
A RESOLUTION OF THE CITY OF VAN BUREN, ARKANSAS CERTIFYING
LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE
IN THE TAX BACK PROGRAM (AS AUTHORIZED BY SECTION 15- 4- 2706(d)
OF THE CONSOLIDATED INCENTIVE ACT OF 2003).
WHEREAS, in order to be considered for participation in the Tax Back Program, the local government
must endorse a business to participate in the Tax Back Program; and
WHEREAS, the local government must authorize the refund of local sales and use taxes as provided in
the Consolidated Incentive Act of 2003; and
WHEREAS, said endorsement must be made on specific form available from the Arkansas Economic
Development Commission; and
WHEREAS, Arkansas Lamp located at 1701 South 28th, Van Buren, Arkansas has sought to
participate in the program and more specifically has requested benefits accruing from
construction and /or expansion of the specific facility; and
WHEREAS, Arkansas Lamp has agreed to furnish the local government all necessary
information for compliance.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
VAN BUREN, ARKANSAS, THAT:
SECTION 1: Arkansas Lamp be endorsed by the Van Buren City Council for benefits
from the sales use tax refunds as provided by Section 15- 4- 2706(d) of the Consolidated
Incentive Act of 2003.
SECTION 2: The Department of Finance and Administration is authorized to refund local sales and use
taxes to Arkansas Lamp.
SECTION 3: This resolution shall take effect immediately.
IN WITNESS WHEREOF, the City of Van Bur Arkansas, by its City Council, did pass,
approve, and adopt, by a vote of for and against, he fo egoing Resolution at its regular meeting
held on the 24 of February 2014.
Robert i Fr; man
Mayor
ATT STED: 4' P OVED a I RM:
Barbie Curtis Can. A. e
City Clerk/Treasurer City Attorney