RES NO 10-06-1999 RESOLUTION No. ,D_
RESOLUTION OF THE CITY OF VAN BUREN, ARKANSAS CERTIFYING LOCAL
GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE IN THE
AD VANTAGE ARKANSAS PROGRAM (FORMERLY THE ARKANSAS ENTERPRISE
ZONE PROGRAM ACT 997 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 the Arkansas
Department of Economic Development; and
WHEREAS, Bekaert Corp., located at 1881 Bekaert Drive, 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, Bekaert Corp. 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. Bekaert Corp. 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; and
2. this resolution shall take effect immediately.
.J
Mayor Joh' Rig City of S"Buren
Date Passed: /Q /r /999
Attest: fla
Clerk
0