HomeMy WebLinkAbout024391 RES - 03/20/2001RESOLUTION
SUPPORTING LEGISLATION BY STATE REPRESENTATIVE SOLIS
THAT PROVIDES TAX INCENTIVES FOR CERTAIN BUSINESSES
LOCATED IN ENTERPRISE ZONES, DEFENSE READJUSTMENT ZONES
AND CERTAIN FEDERALLY DESIGNATED ZONES.
WHEREAS, House Bill 2686 provides tax incentives to businesses participating in
enterprise projects;
WHEREAS, tax incentives area extremely vital economic development tool, which has
significantly benefitted Corpus Christi and the Coastal Bend region;
WHEREAS, hundreds thousands of new jobs have been created and millions of dollars
of new construction have resulted from the economic inducement of tax incentives in
Corpus Christi and the Coastal Bend region;
WHEREAS, local communities and the State in general would be put in a position of
severe competitive disadvantage with all competing states if tax incentives were not
expanded in Texas;
WHEREAS, the authority to utilize tax incentives must be continued and expanded for
the continued well-being and competitiveness of the State;
WHEREAS, military installations within the State may be faced with closure if the
Federal Government initiates a new round of the Base Realignment and Closure
Commission actions;
WHEREAS, local communities will need to be able to offer tax incentives to restore the
economic vitality of their communities due to the lost of military and civilian employee
payrolls following base closings;
WHEREAS, the City of Corpus Christi and the Coastal Bend region is the home of
several major military establishments, including the Naval Air Stations at Corpus Christi
and Kingsville, the Naval Station at Ingleside, and the Corpus Christi Army Depot; and
WHEREAS, House Bill 2686, introduced by State Representative Solis in the 77th
Legislature, would continue and expand the use to tax incentives for enterprise projects,
including tax incentives for defense readjustment zones;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. The City Council of the City of Corpus Christi strongly supports House Bill
2686, legislation introduced by State Representative Solis, that provides tax incentives
for certain businesses located in enterprise zones, defense readjustment zones and
certain federally designated zones.
SECTION 2. The City Manager is directed to convey the City's support for House Bill
2686 to the Texas Legislature and other interested state and local officials.
ATTEST:
Armando
City Secretary
THE CITY OF CORPUS CHRISTI
Mayor
APPROVED: ~o~.0¥* day of /t?~_~-4 , 2001.
James R. Bray Jr.
City Attorney
R. Oa~ Rc~ining
First Assistant City Attorney
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The above resolution was passed by the following vote:
Samuel L. Neal, Jr.
Javier D. Colmenero
Melody Cooper
Henry Garrett
Dr. Arnold Gonzales
Rex A. Kinnison
Betty Jean Longoria
John Longoria
Mark Scott
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