RES NO 12-01-2003 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. W I -2003
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VAN BUREN,
ARKANSAS CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF USA
TRUCK, INC. 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
benefit from the sales and use tax refunds 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, USA Truck, Inc., located at 3200 Industrial Park Road, Van Buren,
Arkansas 72956 has sought to participate in the program and more specifically has
requested benefits accruing from the expansion of the specific facility; and
WHEREAS, USA Truck, Inc., 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: USA Truck, Inc., be endorsed by the City Council of the City of Van
Buren, Arkansas 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 not authorized to
refund Local sales and use taxes to USA Truck, Inc.
SECTION 3: This resolution shall take effect immediately.
PASSED AND APPROVED THIS DAY OF DECE ER, 2003.
MAYOjJOHN RIU`GSj\
ATT TED:
I/ f
0 CITY CLERK/TREASURER