Fill and Sign the 27 31 51 Form

THE BOARD OF SUPERVISORS next took up for consideration the matter of granting a tax exemption from ad valorem taxes for       , Inc. and the following Resolution, having first being reduced to writing was introduced: RESOLUTION OF THE BOARD OF SUPERVISORS OF       COUNTY, MISSISSIPPI GRANTING EXEMPTION FROM AD VALOREM TAXES FOR PERSONAL IN TRANSIT THROUGH MISSISSIPPI, WHEN SUCH PERSONAL PROPERTY IS CONSIGNED OR TRANSFERRED TO THE FREE PORT WAREHOUSE OPERATED BY CARDINAL MISSISSIPPI, INC. FOR STORAGE IN TRANSIT TO A FINAL DESTINATION OUTSIDE THE STATE OF MISSISSIPPI, SUBJECT TO THE APPROVAL OF       , INC.'S APPLICATION FOR LICENSE TO OPERATE A FREE PORT WAREHOUSE BY THE MISSISSIPPI STATE TAX COMMISSION. WHEREAS,       Inc. (hereinafter "       ") filed a triplicate with this Board of Supervisors an Application for exemption from ad valorem taxes, as authorized by §27-31-51 et seq. of the Mississippi Code of 1972, as amended, for personal property in transit through Mississippi when such personal property is consigned or transferred to the free port warehouse operated by Cardinal for storage in transit to a final destination outside the State of Mississippi subject to the approval of       Application for License to operate a free port warehouse by the Mississippi State Tax Commission; and WHEREAS, the Board of Supervisors have reviewed the Application and       has produced written verification and documentation to the Board of Supervisors as to the authenticity and correctness of its Application in regards to it having met the requirements for a "free port warehouse" license pursuant to §27-31-51 et seq. of the Mississippi Code of 1972, as amended; and WHEREAS, the Board of Supervisors find that       distributes pharmaceuticals, medical supplies and other health related products from its distribution center located in       ,       County, Mississippi which will be consigned or transferred to its free port warehouse for storage in transit to a final destination outside the State of Mississippi, so as to make Cardinal eligible for the exemption granted by §27-31-51 et seq. of the Mississippi Code of 1972, as amended. NOW, THEREFORE, BE IT RESOLVED, by this Board of Supervisors of       County, Mississippi as follows: 1. The application for exemption from ad valorem taxes filed by       , attached hereto as Exhibit "A" and incorporated herein by reference, is hereby approved and granted subject to the approval of       Application to be licensed as a free port warehouse by the Mississippi State Tax Commission. 2. The exemption hereby granted shall be effective       , 20       and shall apply to ad valorem taxes due for 1994 and thereafter, so long as       continues to comply with all provisions of Section 27-31-51 et seq. of the Mississippi Code of 1972, as amended. 3. The Clerk of the Board of Supervisors be and is hereby directed to spread a copy of this Resolution on the minutes of this Board of Supervisors; and, that said Clerk shall also forward one certified copy to the Tax Assessor of       County, Mississippi and obtain the Certificate of said Tax Assessor stating that the personal property transferred to       free port warehouse for storage in transit to a final destination outside the State of Mississippi has been placed on the appropriate tax roll as "non-taxable" for the duration of the exemption. After a full discussion of this matter, Supervisor       moved that the foregoing Resolution be adopted and said Motion was seconded by Supervisor       , and upon the question being put to a vote, the Resolution was adopted by the affirmative vote of       of the       members of the Board of Supervisors present. Whereupon, the foregoing Resolution was declared past and adopted at a meeting of the Board of Supervisors of       County, Mississippi on this the       day of       , 20       . BOARD OF SUPERVISORS       COUNTY, MISSISSIPPI By:____________________________________       , PRESIDENT ATTEST: ______________________________       , CLERK I,       , the duly appointed, qualified and acting Clerk of the       County Board of Supervisors and lawful custodian of the minutes of the       County Board of Supervisors and seal of said County, certify that the foregoing is a true and exact copy of a Resolution adopted by the       County Board of Supervisors and its meeting on       , 20       , and recorded in Minute Book       . WITNESS MY SIGNATURE AND OFFICIAL SEAL OF OFFICE on the       day of       , 20       . _________________________________       , CLERK