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RES NO 06-05-2000 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 6 -2000 A RESOLUTION 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 ArkansasEnterprise Zone Program Reg- ulations of 1993; and WHEREAS, Said endorsement must be made on specific form available from Arkansas Department of Economic Development; and WHEREAS, Tech Group Industries, to be located at 1819 S. 28th Street, Van Buren, Arkansas, has sought to participate in the program and more specifically has requested benefits accruing from the establishment of the specific facility; and WHEREAS, Tech Group Industries 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: THAT Tech Group Industries 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. SECTION 2: THAT the Resolution shall take effect immediately. PASSED AND APPROVED THIS 26TH DAY OF JUNE 2000 MA YOR ATTESTED: CITY CLERK TREASURER