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1464RESOLU•rloN No. 1 ~ by A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF A FACILITY TO BE LOCATED AT 1801 FAMILY DOLLAR PARKWAY TO PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM AND AUTHORIZING THE MAYOR AND THE CITY CLERK/TREASURER TO SIGN THE CERTIFICATE OF LOCAL GOVERNMENT ENDORSEMENT AND OTHER FORMS, AS REAUIRED. WHEREAS, a facility to be located at 1801 Family Dollar Parkway, West. Memphis, Arkansas, wishes to participate in the Arkansas Enterprise Zone Program; and WHEREAS, the City of West Memphis must endorse the facility to be located at 1801 Family Dollar Parkway, to participate in the Arkansas Enterprise Zone Program and benefit from the exemptions as provided in the Arkansas Enterprise Zone Act of 1993; and WHEREAS, said endorsement must be made on certain forms and certificates provided by the Arkansas Industrial Development Commission; and WHEREAS, the facility to be located at 1801 Family Dollar Parkway has been determined appropriate applicants and has agreed to furnish to the City of West Memphis and the Arkansas Industrial Development Commission all necessary information for compliance with the regulations of the Arkansas Enterprise Zone Program. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS: 1. That the City of West Memphis supports the efforts of the facility to be located at 1801 Family Dollar Parkway to participate in the Arkansas Enterprise Znne Program in accordance with program regulations and provisions under Act 947 of 1993, as amended by Act 394 of 1995 of the Arkansas General Assembly and benefit under the Arkansas Enterprise Zone Act of 1993. 2. That the Mayor and the City Clerk/Treasurer of West Memphis are authorized to sign the Certificate of Local Government Endorsement and related forms, as required. 3. That this Resolution shall take effect immediately. Date Passed : ~A N u ~y 4_ 1 Q~ 6 RECEIVED CITY CLERK OFFICE DATE l - ``~'~ ~ ~ tC ~~`'r"' Approved: Al Boals, Mayor