CC Resolution No. 14562736
RESOLUTION NO. 1456
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
SUPPORTING A FOREIGN TRADE ZONE SUBZONE DESIGNATION FOR PROJECT
SUPERIOR BY THE PORT OF HOUSTON AUTHORITY; AND PROVIDING FOR THE
EFFECTIVE DATE THEREOF.
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WHEREAS, Project Superior plans to build a 750,000 sq. ft. to 1,000,000 sq. ft. building in the Cedar
Crossing Industrial Park; and
WHEREAS, the construction will result in 250 new jobs and a $25 million initial investment; and
WHEREAS, Project Superior will pay ad valorem taxes on all land, buildings and equipment owned by
Project Superior; and
WHEREAS, Project Superior shall pay ad valorem taxes on all inventory which does not meet the strict
definition of "exempted inventory" under the rules and regulations of the Federal Foreign Trade Zone Board; NOW
THEREFORE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1: That in consideration of the premises, the City Council of the City of Baytown, Texas,
hereby registers its support of the Foreign Trade Zone subzone designation requested by and on behalf of Project
Superior by the Port of Houston Authority.
Section 2: That the support referred to in Section 1 herein is expressly conditioned upon the City of
Baytown's receipt of the following at all times while the Foreign Trade Zone subzone designation requested by
Project Superior is effective:
a. ad valorem taxes on all land, buildings, and equipment of Project Superior; and
b. ad valorem taxes on all inventory of Project Superior not meeting the strict definition of "exempted
inventory" under the rules and regulations of the Federal Foreign Trade Zone Board.
Section 3: This resolution shall take effect immediately from and after its passage by the City Council
of the City of Baytown.
INTRODUCED, READ and PASSED, by the affirmative vote of the City Council of the City of Baytown
this the 28" day of September, 2000.
i. C. 4� -
PETE C. ALFARO, Mayor
ATT T: 10—LL
GA _Y W. SMI _, Uty Clerk
APPROVED AS TO FORM:
ACIO RAMIREZ,• ity Attorney
c:\MyDocuments \Council \99 -00\ Sept ember\ SupportForeignTradeZoneSubzoneProj ectSuperi or