HomeMy WebLinkAboutResolution - 2008-R0402 - Lubbock Foreign Trade Zone Application - 10/23/2008Resolution No. 2008-RO402
October 23, 2008
Item No. 5.4
RESOLUTION
WHEREAS, pursuant to the Foreign Trade Zone Act of 1934, as amended (the
Act), 15 CFR Section 400 and Texas Civil Statutes Article 1446.22, the City of
Lubbock, as a port of entry was appointed Grantee and established Foreign Trade Zone
260 (FTZ-260), at Lubbock Preston Smith International Airport; and
WHEREAS, the City entered into a management agreement in 2005 with Market
Lubbock Economic Development Corporation, d/b/a Visit Lubbock (MLI) to hire a
Director and operate FTZ-260 on behalf of the City; and
WHEREAS, the Act allows for the establishment of sub -zone sites which are
ancillary to the general purpose zone and are given FTZ status for the benefit of a
particular user that cannot be accommodated in the existing zone space; and
WHEREAS, the Director of FTZ-260 has received applications for the
establishment of FTZ-260 Distribution Sub -Zones from Venus Decorative Hardware,
Inc. and Holiday LiteSource, Inc.; and
WHEREAS, the City Council desires to submit the applications to the Foreign
Trade -Zones Board in Washington, D.C. for Foreign Trade Zone operating authority
with all the benefits related to Foreign Trade Zone operations; NOW THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Director of Lubbock Foreign Trade Zone 260 is hereby authorized and
directed to sign and submit on behalf of the City of Lubbock the following two
applications for Foreign Trade Zone operating authority with all the benefits related to
Foreign Trade Zone operations:
FTZ-260B — Venus Decorative Hardware, Inc., 8803 Valencia, Lubbock, Texas
FTZ-260C — Holiday LiteSource, Inc., 301 SE Loop 289, Lubbock, Texas
assed by the City Council this 23rd day of October , 2008.
4 ,thy
A�'
TOM MARTIN, MAYOR
TTEST:
Garza, City Secretary
APPROVED AS TO CONTENT:
Warren Warner, Director-F?2-260
Gary awrence, CEO
Market Lubbock Economic Development
Corporation d/b/a Market Lubbock, Inc.,
d/b/a Visit Lubbock
APPROVED AS TO FORM:
Linda L. Chamales,
Economic Development Attorney
Lc: CityAtt/Linda/Res-FTZ subzones
October 9, 2008