HomeMy WebLinkAboutResolution - 2023-R0227 - Leprino Foods Company Nomination for Enterprise ProjectResolution No. 2023-RO227
Item No. 6.7
May 9, 2023
CITY OF LUBBOCK, RESOLUTION NO. 2023-RO227
A RESOLUTION APPROVING AND AUTHORIZING THE NOMINATION OF
LEPRINO FOODS COMPANY TO THE OFFICE OF THE GOVERNOR ECONOMIC
DEVELOPMENT AND TOURISM THROUGH THE ECONOMIC DEVELOPMENT
BANK AS A TRIPLE JUMBO TEXAS STATE ENTERPRISE PROJECT.
WHEREAS, the City Council of the City of Lubbock, Texas ("City") has previously passed City
Ordinance No. 2020-00154, approved November 17, 2020, 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 City Ordinance No. 2020-00154; and
WHEREAS, the Office of the Governor Economic Development and Tourism (OGEDT),
through the Economic Development Bank, will consider Leprino Foods Company as a Triple
Jumbo 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,
veterans, 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"), Leprino Foods Company has applied to the City for designation
as a Triple Jumbo enterprise project; and
WHEREAS, the City finds that Leprino Foods Company meets the criteria for designation as
an enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds:
a) Leprino Foods Company 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 governing body's jurisdiction, located inside of an enterprise zone and at least twenty-
five percent (25%) of the business' new employees will be residents of an enterprise zone,
veterans, or economically disadvantaged individuals; and
b) There has been and will continue to be a high level of cooperation between public, private
and neighborhood entities within the area; and
c) The designation of Leprino Foods Company as a Triple Jumbo Texas Enterprise Project
will contribute significantly to the achievement of the plans of the City for development and
revitalization of the area.
WHEREAS, the City finds that Leprino Foods Company meets the criteria for tax relief and
other incentives adopted by the City and nominates Leprino Foods Company for Triple Jumbo
enterprise project status on -the grounds that this enterprise project will be located at the qualified
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business site, will create a higher level of employment, economic activity and stability in the area;
and
WHEREAS, the City finds that it is in the best interest of the City to nominate Leprino Foods
Company as a Triple Jumbo enterprise project pursuant to the Act;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
LUBBOCK, TEXAS THAT:
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 Leprino Foods Company is a "qualified business" as defined in Section
2303.402 of the Act, and meets the criteria for designation as a Triple Jumbo enterprise project,
as set forth in Chapter 2303, Subchapter F of the Act.
SECTION 3. The Enterprise Project shall take effect on the date of designation of the enterprise
project by OGEDT and terminate five years from the date of designation.
SECTION 4. That this Resolution shall take effect immediately upon its passage and approval.
Passed by the City Council on May 9, 2023
APPROVED AS TO CONTENT:
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APPROVED AS TO FORM:
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re, Senior Assistant City Attorney
Ccdocs://RES.Leprino ER!_ nomination
5.01.23
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