RES NO 08-02-2006 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. D a- 2006
A RESOLUTION OF THE CITY COUNCIL 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 ACTION 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 tax as provided in the Consolidated Incentive Act of 2003; and
WHEREAS, Said endorsement must be made on specific form available from the
Arkansas Department of Economic Development; and
WHEREAS, Communicationlnfo.com, Inc, located at Cloverleaf Plaza has
sought to participate in the program and more specifically has
requested benefits accruing from construction and modernization
of the specific facility; and
WHEREAS, Communicationlnfo.com, Inc., has agreed to furnish the local
government with all necessary information for compliance.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN
BUREN, ARKANSAS.
SECTION 1: THAT, Communicationlnfo.com, Inc., be endorsed by the City of
Van Buren, Arkansas, for benefits from sales and use tax refunds
as provided by Section 15- 4- 2706(d) of the Consolidated Incentive
Act of 2003.
SECTION 2: THAT, The Department of Finance and Administration is
authorized to refund local sales and use taxes to
Communicationlnfo.com, Inc.
SECTION 3: THAT, This Resolution shall take effect immediately.
PASSED AND APPROVED THIS I DAY OF AUGUST, 2006.
MAVOKI JOHN RIOGS
ATTESTED:
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CITY CLERK- TREASURER
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