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RESOLUTION
NOMINATING FLINT HILLS RESOURCES, LP, TO THE OFFICE OF
THE GOVERNOR ECONOMIC DEVELOPMENT & TOURISM,
THROUGH THE ECONOMIC DEVELOPMENT BANK, FOR
DESIGNATION AS A TRIPLE JUMBO ENTERPRISE PROJECT,
UNDER THE TEXAS ENTERPRISE ZONE PROGRAM UNDER THE
TEXAS ENTERPRISE ZONE ACT, CHAPTER 2303, TEXAS
GOVERNMENT CODE
WHEREAS, the City of Corpus Christi ("City"), on October 14, 2003, passed Ordinance
No. 025513 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. 025513;
WHEREAS, the Office of the Governor Economic Development and Tourism ("EDT")
through the Economic Development Bank ("Bank") will consider Flint Hills Resources,
LP, ("Flint Hills") as a triple jumbo enterprise project under a nomination and an
application made by the City;
WHEREAS, the City desires to create the proper economic and social environment in
order to induce the investment of private resources in productive business enterprises
within the City, and to provide employment to residents of enterprise zones and to other
economically disadvantaged individuals;
WHEREAS, under Subchapter F of the Texas Enterprise Zone Act (Chapter 2303,
Texas Government Code ["Act"]), Flint Hills has applied to the City for designation as a
triple jumbo enterprise project; and
WHEREAS, the City finds that Flint Hilts, located at 2825 Suntide, Corpus Christi,
Texas 78409, which is located in the City's extra territorial jurisdiction and industrial
district, meets the criteria for designation as a triple jumbo enterprise project under
Subchapter F of the Act on the following grounds:
1. Flint Hills 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 located within the City's jurisdiction, is located
inside of an enterprise zone, and at least twenty-five percent (25.0%) of
the business' new employees will be residents of an enterprise zone or
economically disadvantaged individuals;
2. Flint Hills is located in an Enterprise Zone, which is also an area
designated by the Federal Government as a Renewal Community (Section
2303.101(2) of the Act) and in Census Tract 50, Block Group 1, as defined
by the most recent Federal decennial census available at the time of
designation, in which at least 20 percent of the residents of the block
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Flint Hills Enterprise Project Nomination Resolution -- 08112010
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group have an income at or below 100 percent of the federal poverty level
(Section 2303.101(1) of the Act);
3. There has been and will continue to be a high level of cooperation
between public, private, and neighborhood entities within the area; and
4. The designation of Flint Hills as a triple jumbo 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 Flint Hilts meets the criteria for tax relief and other
incentives adopted by the City and nominates Flint Hills as a single retained job
enterprise project on the grounds that it will be located at a qualified business site and
will retain its existing level of employment, economic activity, and stability; and
WHEREAS, the City finds that it is in the best interest of the City to nominate Flint Hills
as a triple jumbo enterprise project under the Act;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. That the findings of the City Council and its actions approving this
resolution taken at the City Council meeting held on August 17, 2010, are approved and
adopted.
SECTION 2. That Flint Hills 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 under
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 on September 1, 2015.
ATTEST:
THE CITY OF CORPUS CHRISTI
Armando Chapa Joe Adam=
City Secretary Mayor
APPROVED: 11th day of August, 2010.
R. J,aS F��ining,
First Assistant City Attorney
For City Attorney
Flint Hills Enterprise Project Nomination Resolution -- 08112010
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Corpus Christi, Texas
—of
, 2010
The above resolution was passed by the following vote:
Joe Adame
Chris N. Adler
Brent Chesney
Larry R. Elizondo, Sr.
Kevin Kieschnick
Priscilla Leal
John E. Marez
Nelda Martinez
Mark Scott
028721
Flint Hills Enterprise Project Nomination Resolution -- 08/12010