RES NO 08-05-2003 CITY OF VAN BUREN, ARKANSAS
Addendum to Resolution No. 3 -1 -2003
Re-solu,k (r« No. 6 -55 -x003
RESOLUTION OF THE CITY OF VAN BUREN 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, the City of Van Buren passed Resolution No. 3 -1 -2003 on the 17 day of March
2003; and
WHEREAS, said endorsement provided benefits under the Enterprise Zone Program of 1993,
which was obsolete at the time the resolution was passed; and
WHEREAS, the Tax Back incentive under the Consolidated Incentive Act of 2003 provides the
sales tax refunds as provided in the Enterprise Zone Program of 1993; and
WHEREAS, said endorsement must be made on specific form available from the Arkansas
Depai lment of Economic Development; and
WHEREAS, Allen Canning Company located at 700 South 13` Street has sought to
participate in the program and more specifically has requested benefits accruing from
construction of the specific facility; and
WHEREAS, Allen Canning Company has agreed to furnish the local government all necessary
information for compliance.
NOW THEREFORE BE IT RESOLVED BY THE CITY OF VAN BUREN, ARKANSAS,
THAT:
1. Allen Canning Company be endorsed by the City of Van Buren for benefits from the
sales use tax refunds as provided by Section 15- 4- 2706(d) of the Consolidated
Incentive Act of 2003.
2. The Department of Finance and Administration 1 lis is not
authorized to refund local sales and use taxes to Allen Canning
Company.
3. This addendum shall take effect immediately.
Title o a ea. f .f govern'sody
Date Passed: f,(1.14,.S'- I p )0 03
Attest: tALttZy
Q City Clerk Treasurer t'
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