1011RESOLUTION NO. ~~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
MEMPHIS, ARKANSAS CERTIFYING LOCAL GOVERNMENT ENDORSE-
OF BYRD REMANUFACTURING, INC. TO PARTICIPATE IN THE
ARKANSAS ENTERPRISE ZONE PROGRAM AND AUTHORIZING THE
MAYOR TO SIGN THE CERTIFICATE OF LOCAL GOVERNMENT
ENDORSEMENT AND OTHER FORMS, AS REQUIRED.
WHEREAS, the applications for Arkansas Enterprise Zone Program
designation prepared by the Community Development Agency of West Memphis
have been approved by the Arkansas Industrial Development Commission; and
WHEREAS, the approved Enterprise Zones are within the corporate
limits of the City of West Memphis and are designated Census Tract 303,
Block Group 5; and
WHEREAS, Byrd Remanufacturing, Inc. wishes to participate in the
Arkansas Enterprise Zone Program; and
WHEREAS, the City of West Memphis must endorse Byrd Remanufacturing,
Inc. to participate in the Arkansas Enterprise Zone Program and benefit
from the exemptions 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, Byrd Remanufacturing, Inc. has been determined appropriate
applicants and has agreed to furnish to the City of West Memphis, the
~ Community Development 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 Byrd
Remanufacturing, Inc. to participate in the Arkansas Enterprise Zone Pro-
gram in accordance with program regulations and provisions under Act 740
of the Arkansas General Assembly and endorses Byrd Remanufacturing, Inc.
for benefit from the exemptions provided in Part IV of the Arkansas Enter-
prise Zone Program Regulations of 1983.
2. That the Mayor of West Memphis is authorized tQ sign the Cer-
tificate of Local Government Endorsement and related forms, as required.
3. That this Resolution shall take effete--~tmmediately.
DATE PASSED: ~ ~ ~~ ~
itman, Mayor
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