0438 RESOLUTION NO. 438 ( #6 -91)
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE,
ARKANSAS, REGARDING CERTIFICATION OF LOCAL GOVERNMENT
ENDORSEMENT FOR PARTICIPATION IN THE ARKANSAS ENTERPRISE ZONE
PROGRAM; AND, FOR OTHER PURPOSES.
WHEREAS, the City of Jacksonville has an approved zone
designation for Census Tracts 36.04, 36.05, and 36.06 within
the corporate limits of the City of Jacksonville; and,
WHEREAS, local government must endorse a business or
enterprise for participation in the Arkansas Enterprise Zone
Program in order for the business to benefit from exemptions
provided in Part IV of the Arkansas Enterprise Zone Program
Regulations of 1983, with said endorsement made on specific
form(s) provided by AIDC; and,
WHEREAS, Hiwasse Manufacturing Co., Inc. and Cold
Extrusion Company of America have been determined by the
management of the Enterprise Zone to be appropriate appli-
cants for the program; and,
WHEREAS, Hiwasse Manufacturing Co., Inc. and Cold
Extrusion Company of America have agreed to furnish manage-
ment of the Enterprise Zone all necessary information for
compliance and entry into the program.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF JACKSONVILLE, ARKANSAS, THAT:
SECTION ONE: Hiwasse Manufacturing Co., Inc, and Cold
Extrusion Company of America shall hereby be endorsed by the
City of .Jacksonville for benefit from exemptions provided in
Fart IV of the Arkansas Enterprise Zone Program Regulations
of 1933.
SECTION TWO: The Mayor and City Clerk are hereby
authorized to approve the Certificates of Local Government
Endorsement,
SECTION THREE: This Resolution shall be in effect from
and after its date of passage.
SECTION FOUR: All Resolutions or parts of Resolutions
in conflict herewith are hereby repealed to the extent of
said conflict.
APPROVED AND ADOPTED THIS / DAY OF MAY, 1991.
CITY OF JACKSONVILLE, ARKANSAS
BY: aft.s a ill
TOMMY SWAI , `AYOR
ATTEST: 44„(77,_,
. LEONARD, CITY CLERK
ROBERT BAMBURG, CITY `TT RN
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