0507 RESOLUTION NO. 507 (#3 - 98)
A RESOLUTION URGING SUPPORT AND ENDORSING THE PARTICIPATION OF CONESTOGA WOOD
SPECIALTIES CORP. PARTICIPATION IN THE ADVANTAGE ARKANSAS PROGRAM (FORMERLY THE
ARKANSAS ENTERPRISE ZONE PROGRAM- ACT 947 OF 1993).; AND FOR OTHER PURPOSES.
WHEREAS, the local government must endorse a business to participate in the Advantage Arkansas program
and benefit from the refunds/tax credits as provided in the Arkansas Enterprise Zone Program Regulations of 1993; and
WHEREAS, said endorsement must be made on specific form available from AEDC; and
WHEREAS, Conestoga Wood Specialties Corp. located at 2201 Redmond Road, Jacksonville, Arkansas,
seeks to participate in the program and, more specifically, has requested benefit accruing from expansion and
technological advancement of the specific facility; and
WHEREAS, Conestoga Wood Specialties Corp, agrees to furnish the local government all necessary
information for compliance.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE,
ARKANSAS, THAT:
SECTION ONE: Conestoga Wood Specialties Corp. is hereby endorsed by the City Council of the City of
Jacksonville, Arkansas, for benefits from the refunds/tax credits as provided in the Arkansas Enterprise Zone Program
Regulations of 1993, through June 30, 2001.
SECTION TWO: The Department of Finance and Administration be authorized to refund local sales and use
taxes to Conestoga Wood Specialties Corp.
SECTION THREE: Any and all resolutions or parts of resolutions in conflict herewith are hereby repealed to
the extent of said conflict.
SECTION FOUR: This Resolution shall have full force and effect immediately after its passage.
APPROVED AND ADOPTED THIS G /),4 DAY OF JULY, 1998.
TOMMY SWAIM, MA OR
ATTEST: //11
LULA , L � CITY CLERK
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APPR AS TO FORM:
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ROBERT..BAMBURG,►