0491 RESOLUTION NO. 49 I ( #6 - 96)
A RESOLUTION OF THE CITY OF JACKSONVILLE, ARKANSAS, CERTIFYING LOCAL
GOVERNMENT ENDORSEMENT FOR DISCOVERY ENGINEERING, INC., D /B /A
NATIONAL COATINGS AND Alf? TECH COATINGS, INC. TO PARTICIPATE IN THE
ARKANSAS ENTERPRISES ZONE PROGRAM; AND, FOR OTHER PURPOSES.
WHEREAS, THE LOCAL GOVERNMENT MUST ENDORSE A BUSINESS OR ENTERPRISE To
PARTICIPATE IN THE ARKANSAS ENTERPRISE ZONE PROGRAM AND BENEFIT FROM THE
EXEMPTIONS AS PROVIDED IN THE ARKANSAS ENTERPRISE ZONE PROGRAM REGULATIONS OF
1993;
WHEREAS, DISCOVERY ENGINEERING, INC., D /B /A NATIONAL COATINGS AND AIR TECH
COATINGS, INC., LOCATED AT No. I PARADISE PARK ROAD, JACKSONVILLE, ARKANSAS, HAS
BEEN DETERMINED BY THE MANAGEMENT OF THE ENTERPRISE ZONE AS AN APPROPRIATE
APPLICANT; AND,
WHEREAS, DISCOVERY ENGINEERING, INC., D /B /A NATIONAL COATINGS AND AIR TECH
COATINGS, INC., HAS AGREED TO FURNISH TO MANAGEMENT OF THE ENTERPRISE ZONE ALL
NECESSARY INFORMATION FOR COMPLIANCE.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
JACKSONVILLE, ARKANSAS, THAT:
SECTION ONE: DISCOVERY ENGINEERING, Inc., D /B /A NATIONAL COATINGS AND AIR
TECH COATINGS, INC., SHALL BE ENDORSED BY THE CITY OF JACKSONVILLE FOR BENEFIT
FROM THE REFUNDS AND TAX CREDITS AS PROVIDED IN THE ARKANSAS ENTERPRISE ZONE
PROGRAM REGULATIONS of 1993, THROUGH JUNE 30, 1 999.
SECTION TWO: THE MAYOR IS AUTHORIZED TO SIGN THE REQUIRED CERTIFICATE OF
LOCAL GOVERNMENT ENDORSEMENT, AND THE DEPARTMENT OF FINANCE AND ADMINISTRATION
SHALL HEREBY BE AUTHORIZED TO REFUND LOCAL SALES AND USE TAXES TO DISCOVERY
ENGINEERING, INC, D /B /A NATIONAL COATINGS CO. AND AIR TECH COATINGS, INC.
SECTION THREE: THIS RESOLUTION SHALL BE IN EFFECT FROM AND AFTER ITS DATE
OF PASSAGE,
Ht
APPROVED AND ADOPTED THIS J DAY OF SEPTEMBER, 1 996.
sa 4Au .tAL.& A v — _
TOMMY SWAIM, M YOR
ATTEST.
L
L LA M. LEONARD, CITY CLERK
AP R""VED AS TO FO ^A
ROBE' E. BAMB G, CITY ATP,/