1805RESOLUTION No. BOS
RESOL UTION OF THE CITY COUNCIL OF WEST MEMPHIS, ARKANSAS,
CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF J.R. SIMPLOT COMPANY
TO PARTICIPATE IN THE TAX BACK PROGRAM (AS A UTHORIZED B Y SECTION 1 S-
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 benefit from the
sales and use tax refunds 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, J.R. Simplot Company located at 1653 South Airport Road has sought to participate
in the program and more specifically has requested benefits accruing from expansion of the
specific facility; and
WHEREAS, J.R. Simplot Company has agreed to furnish the local government all necessary
information for compliance.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF WEST MEMPHIS,
ARKANSAS, THAT:
J.R. Simplot Company be endorsed by the City of West Memphis for benefits from the
sales & use tax refunds as provided by Section 15-4-2706(d) of the Consolidated
Incentive Act of 2003.
2. The Department of Finance and Administration is authorized to refund local sales and use
taxes to J.R. Simplot Company.
3. This resolution shall take effect immediately.
~~~ _ _ .~-
Mayor
Date Passed: ~ --/ ~ - O
Attest: _
Jerk
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