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1993RESOLUTION No. ` Q 3 RESOLUTION OF THE CITY COUNCIL OF WEST MEMPHIS, ARKANSAS, CERTIFYING LOCAL GOVERNMENT ENDORSEMENT OF NEWBERRY TANKS & SONS LLC 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, NEWBERRY TANKS 8r SONS LLC located at 205 N 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, NEWBERRY TANKS & SONS LLC has agreed to furnish the local government all necessary information for compliance. NOW THEREFORE BE IT RESOL VED BY THE CITY COUNCIL OF WEST MEMPHIS, ARKANSAS, THAT: 1. NEWBERRY TANKS & SONS LLC 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 NEWBERRY TANKS & SONS LLC. 3. This resolution shall take effect immediately. Date Passed: Z~3 ll Attest: Mayor 4~t, v - RECEr~E® City Clerk's Office Date/Time,~ By__ ~z:cc~- 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 No. 1993: A Resolution of the City Council of West Memphis, Arkansas, certifying local government endorsement of Newberry Tanks & Sons, LLC 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 22nd day of Au~ustY 2011. CITY CLE ,CITY OF WEST HI e~+ CRITTEND COUNTY, ARKANSAS