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1443RESOLUTION NO. _ I~y~ _ RESOLUTION OF THE CITY OF WEST MEMPHIS, CRTTTENDEN COUNTY CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF BUSINESS TO PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM OF 1993. WHEREAS, the local government must endorse a business or enterprise to participate in the Arkansas Enterprise Zone 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 AIDC; and WHEREAS, Continental Plastic Containers, Inc. located at 1234 N. 7th Street has sought to participate in the program and more specifically has requested benefits accruing from expansion of the specific facility; and WHEREAS, Continental Plastic Containers, Inc. has agreed to furnish the local government all necessary information for compliance. NOW THEREFORE BE IT RESOLVED BY THE CITY OF WEST MEMPHIS OF CRITTENDEN COUNTY, ARKANSAS, THAT: 1. Continental Plastic Containers, Inc. be endorsed by the City of West Memphis of Crittenden County for benefits from the refunds/tax credits as provided in the Arkansas Enterprise Zone Program Regulations of 1993, through June 30, 1999. 2. the Department of Finance and Administration be authorized to refund local sales and use taxes to Continental Plastic Containers, Inc. 3. this resolution shall take effect immediately. -- -L.~_----------- Al Boals, Mayor Date passed: ~u~~, /~y~ _ Attest RECEIVED GIIY CLERK OffICE ' `_ DATE ~o~/z-/~SG~ ~S~~~n~.- ~om ~o~lc~