CC Resolution No. 2671RESOLUTION NO.2671
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
NOMINATING COVESTRO LLC, TO THE TEXAS ECONOMIC DEVELOPMENT
AND TOURISM OFFICE WITHIN THE OFFICE OF THE GOVERNOR THROUGH
THE TEXAS ECONOMIC DEVELOPMENT BANK FOR DESIGNATION AS A
QUALIFIED BUSINESS AND AN ENTERPRISE PROJECT UNDER THE TEXAS
ENTERPRISE ZONE PROGRAM UNDER THE TEXAS ENTERPRISE ZONE ACT,
CHAPTER 2303, TEXAS GOVERNMENT CODE; PROVIDING A REPEALING
CLAUSE; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF.
WHEREAS, the City of Baytown (the "City") has previously passed Ordinance No. 11,105
electing to participate in the Texas Enterprise Zone Program, and the local incentives offered under this
resolution are the same on this date as were outlined in Ordinance No. I t,105; and
WHEREAS, the Texas Office of the Governor Economic Development and Tourism Office
within the Office of the Governor through the Texas Economic Development Bank will consider Covestro
LLC, as an enterprise project pursuant to a nomination and an application made by the City; and
WHEREAS, the City desires to pursue the creation of the proper economic and social
environment in order to induce the investment of private resources in productive business enterprises
located in the City and to provide employment to residents of enterprise zones and to other economically
disadvantaged individuals; and
WHEREAS, pursuant to Chapter 2303, Subchapter F of the Texas Enterprise Zone Act, Texas
Government Code (the "Act"), Covestro LLC, has applied to the City for designation as an enterprise
project; and
WHEREAS, the City finds that Covestro LLC, meets the criteria for designation as an enterprise
project under Chapter 2303, Subchapter F of the Act on the following grounds:
Covestro LLC, is a "qualified business" under Section 2303.402 of the Act since it will
be engaged in the active conduct of a trade or business at a qualified business site within
the City's jurisdiction located outside of an enterprise zone; and at least thirty-five percent
(35.0%') of the business's new employees will be residents of an enterprise zone,
economically disadvantaged individuals or veterans;
There has been and will continue to be a high level of cooperation between public,
private, and neighborhood entities within the area; and
The designation of Covestro LLC, as an enterprise project will contribute significantly to
the achievement of the plans of the City for development and revitalization of the area;
and
WHEREAS, the City finds that Covestro LLC, meets the criteria for tax relief and other
incentives adopted by the City and nominates Covestro LLC, for enterprise project status on the grounds
that it will be located at the qualified business site, will create a higher level of employment, economic
activity and stability; and
WHEREAS, the City finds that it is in the best interest of the City to nominate Covestro LLC, as
an enterprise project pursuant to the Act; NOW THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1: That the findings of the City and its actions approving this resolution taken at the
council meeting are hereby approved and adopted.
Section 2: That Covestro LLC, is a "qualified business," as defined in Section 2303.402 of the
Act, and meets the criteria for designation as an enterprise project, as set forth in Section 2303,
Subchapter F of the Act.
Section 3: That the enterprise project shall take effect on the date of designation of the enterprise
project by the agency and terminate five years from the date of designation.
Section 4: All resolutions or parts of resolutions inconsistent with the terms of this
resolution are hereby repealed; provided, however, that such repeal shall be only to the extent of such
inconsistency; and in all other respects, this resolution shall be cumulative of other resolutions regulating
and governing the subject matter covered by this resolution.
Section 5: 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 a�ffifirrnafi the City Council ' e City of
Baytown this the 13" day of August, 2020.
NDON CAPETIL O, M yor
APPROVED AS TO FORM:
KAREN L. HORNER, Interim City Attorney
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RAKaren\Files\City CounciMesolutions\2020\August 13\EnterpriseZoneNominatingResolution.doc