2074 RESOLUTION NO. A 0 714
A RESOLUTION OF THE CITY COUNCIL OF WEST MEMPHIS, ARKANSAS,
CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF EFCO CORP., 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
WHEREAS, the local government must authorize the refund of local sales and use tax 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, EFCO Corp., located at 1515 S. Avalon in West Memphis, Arkansas has
sought to participate in the program and more specifically has requested benefits accruing from
construction of the specific facility; and
WHEREAS, EFCO Corp., 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 WEST MEMPHIS, ARKANSAS, THAT:
SECTION 1. EFCO Corp., be endorsed by the City of West Memphis for benefits from
the sales and 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 authorized to refund
local sales and use taxes to EFCO Corp.
SECTION 3. This resolution shall take effect immediately.
PASSED AND APPROVED this . `day of ,M ARG , 2015.
WILLIAM H. JOHNSON, Mayor
ATTEST:
'HILLIP PARA, City Clerk
RECEIVED
Clerk's Office I�
Date/flme 01/4do
By_ ��
CERTIFICATE
STATE OF ARKANSAS )
(SS
COUNTY OF CRITTENDEN)
The undersigned,City Clerk of the City of West Memphis,Arkansas,hereby
certifies that the above and foregoing is a true and complete and correct copy of
RESOLUTION 2074: A RESOLUTION OF THE CITY COUNCIL OF WEST
MEMPHIS, ARKANSAS, CERTIFYING LOCAL GOVERNMENT ENDORSEMENT
OF EFCO CORP.,TO PARTICIPA 1'b IN THE TAX BACK PROGRAM(AS
AUTHORIZED BY SECTION 15-4-2706(D)OF THE CONSOLIDATED INCENTIVE
ACT OF 2003)as the same appears in the official records of said City.
IN WITNESS WHEREOF, I have hereunto set my hand as City Clerk of the City
of West Memphis,Arkansas, and the Official Seal of said City, on this 5th day of March,
2015.
CITY CL P.g , CITY OF WEST MEMPHIS
CRITTE •EN COUNTY,ARKANSAS