RES NO 03-02-2001 0 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. ,3 a -2001
RESOLUTION OF THE CITY OF VAN BUREN, ARKANSAS CERTIFYING
LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE
IN THE ADVANTAGE ARKANSAS PROGRAM (FORMERLY THE ARKANSAS
ENTERPRISE ZONE PROGRAM —ACT 947 OF 1993).
WHEREAS, The local government must endorse a business to participate in the
Advantage Arkansas Program and benefit from the refunds /tax
credits as provided in the Arkansas Enterprise Zone Program
Regulations of 1993; and
WHEREAS. Said endorsement must be made on specific form available from
ADED; and
WHEREAS, Spencer's Candlery, Inc. located at 818 Main Street, Van Buren,
Arkansas has sought to participate in the program and more
specifically has requested benefits accruing from the construction
of the specific facility; and
WHEREAS, Spencer's Candlery, 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:
SECTION 1: Spencer's Candlery, Inc. be endorsed by the City of Van Buren,
Arkansas for benefits from the refunds /tax credits as provided in
the Arkansas Enterprise Zone Program Regulations of 1993,
through June 30, 2001.
PASSED AND APPROVED THIS 19 DAY OF MARCH, 2001.
MAYOR J�.HN tIGGS
ATTESTED: C
CITY CLERIC/TREASURER