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1300/ ; RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF FAMILY DOLLAR SERVICES, INC., TO PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM WHEREAS, the City of West Memphis, Arkansas has approved zone designation for census tract 307, block group ' 1 as delineated by the 1980 census map within the corporate ~' limits of the City of West Memphis; and WHEREAS, the local government must endorse a business or enterprise to participate in the Arkansas Enterprise Zone Program and benefit from the refunds/exemptions as provided in the Arkansas Enterprise Zone Program Regulations of 1989; and WHEREAS, said endorsement must be made on specific forms available from the Arkansas Industrial Development Commission; and WHEREAS, Family Dollar Services, Inc., a distribution center, located at West Memphis, Arkansas has sought to participate in the program and has been found by the management of the enterprise zone program to be eligible for the benefits thereof, and more specifically has requested benefits accruing from expansion/construction of the specific facility; and WHEREAS, Family Dollars Services, Inc., has agreed to furnish the management of the enterprise zone all necessary information for compliance; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT: 1. That Family Dollar Services, .Inc., be endorsed by the City of West Memphis, Arkansas for benefit from the refunds/exemptions as provided in the Arkansas Enterprise Zone Program Regulations. 2. That this Resolution shall take effect immediately. ADOPTED this ~ day of ~ a ~' , 1992. KEITH M. INGRAM, Mayor SPONSORED BY: ~~~~ ~~'