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RES NO 01-01-1998 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. l —1 -1998 A 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 AEDC; and WHEREAS, LOIS (Law Office Information Systems) Inc. located at 105 North 28th 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, LOIS, 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: THAT LOIS, 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; and SECTION 2: THAT this resolution shall take effect immediately. PASSED AND APPROVED THIS 6T11 DAY OF JANUARY ,19 98 AY l ter ATTES. ED CITY CLERK -T .'ER