1983-- ~
RESOLUTION No. ~ Q $ 3
RESOLUTION OF THE CITY COUNCIL OF WEST MEMPHIS, ARKANSAS,
CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF CONSOLIDATED
GRAIN & BARGE TO PARTICPATE IN THE TAX BACK PROGRAM (AS AUTHORIZED
BY SECTION 15-4-2706(d) OF THE CONSOLIDATED INCENTIVE ACT OF 2003).
WHEREAS, in order to be considered for participation in the Tax Back Program, the local
government must endorse a business to participate in the Tax Back Program; and
WHEREAS, the local government must authorize the refund of local sales and use tax as
provided in the Consolidated Incentive Act of 2003; and
WHEREAS, said endorsement must be made on specific form available from the Arkansas
Department of Economic Development; and
WHEREAS, CONSOLIDATED GRAIN & BARGE located at 896 S Walker in West
Memphis, Arkansas has sought to participate in the program and more specifically has requested
benefits accruing from construction of the specific facility; and
WHEREAS, CONSOLIDATED GRAIN & BARGE has agreed to furnish the local
government all necessary information for compliance.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF WEST MEMPHIS,
ARKANSAS, THAT:
1. CONSOLIDATED GRAIN & BARGE be endorsed by the City of West Memphis for
benefits from the sales & use tax refunds as provided by Section 15-4-2706(d) of the
Consolidated Incentive Act of 2003.
2. The Department of Finance and Administration is authorized to refund local sales and use
taxes to CONSOLIDATED GRAIN & BARGE .
3. This resolution shall take effect immediately.
Mayor
Date Passed: ~ ~
Attest:
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patelT~
By
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CERTIFICATE
STATE OF ARKANSAS )
( SS
COUNTY OF CRITTENDEN )
The undersigned, City Clerk of the City of West Memphis, Arkansas, hereby
certifies that the above and foregoing is a true and complete and correct copy of
Resolution #1983 A Resolution of the City Council of West Memphis Arkansas
certifyin lg ocal government endorsement of Consolidated Grain & Barge to participate in
the tax back program (as authorized by Section 15-4-2706(d) of the Consolidated
Incentive Act of 2003).
IN WITNESS WHEREOF, I have hereunto set my hand as City Clerk of the City
of West Memphis, Arkansas, and the Official Seal of said City, on this 3rd day of March,
2011.
CITY CLERK ITY OF WEST MEMPHIuS O ~~
CRITTENDE COUNTY, ARKANSAS