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1150RESOLUTION -N0. ~ ~ ~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS CERTIFYING LOCAL GOVERNMENT ENDORSE- MENT OF USA TRUCK TO PARTICIPATE IN THE ARKANSAS ENTER- PRISE ZONE PROGRAM AND AUTHORIZING THE MAYOR AND THE CITY CLERK TO SIGN THE CERTIFICATE OF LOCAL GOVERNMENT ENDORSEMENT AND OTHER FORMS, AS REQUIRED. WHEREAS, the application for .Arkansas Enterprise Zone .Program designation prepared by the Community Development Agency of West Memphis has been approved by the Arkansas Industrial Development Commission; and WHEREAS, the approved Enterprise Zone is within the corporate limits of the City of West Memphis and is designated Census Tract 308, BG 9; and WHEREAS, USA Truck wishes to participate in the Arkansas Enterprise Zone Program; and F]HEREAS, the City of West Memphis must .endorse USA .Truck to partici- pate in the Arkansas Enterprise Zone Program .and benefit from the exemp- tions as provided in Part IV of the Arkansas Enterprise Zone Program regulations of 1983; and WHEREAS, said endorsement must be made on certain forms and certifi- cates provided by the Arkansas Industrial Development Commission; and WHEREAS, USA Truck has been determined appropriate applicants and has agreed to furnish to the City of West Memphis, the Community Develop- ment Agency 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 USA Truck to participate in the Arkansas Enterprise Zone Program in accordance with program regulations and provisions .under Act 740 of the Arkansas General Assembly and endorses USA .Truck for benefit from the exemption provided in Part IV of the Arkansas Enterprise Zone Program Regulations of 1983. 2. That the Mayor and the City Clerk 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: ,~an,i .Z . ! CT ~ r~ ATTEST: Sponsore ~T~Y. ~~~~ ~~.~, ,g~a Wry ~ \ f 1J~ ~\ l