HomeMy WebLinkAbout027478 RES - 11/13/2007Page 1 of
RESOLUTION
AMENDING RESOLUTION TIO[ 027061, ADOPTED ON NOVEMBER 14,
2006, NOMINATING FLINT HILLS RESOURCES, LP, TO THE OFFICE
OF THE GOVERNOR ECONOMIC DEVELOPMENT & TOURISM
THROUGH THE ECONOMIC DEVELOPMENT BANK FOR
DESIGNATION AS A QUALIFIED BUSINESS AND TRIPLE JUMBO
ENTERPRISE Pl OJECT UNDER THE TEXAS ENTERPRISE ISE ZONE
PROGRAM AM UNDEI THE TEXAS ENTERPRISE ISE 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 ('SEDT") through
the Economic Development Bank "ani" will consider Flint Hills Resources, LP ;`Flint Hills")
as an enterprise project pursuant to a nomination ination and an application made by the City;
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;
WHEREAS, under Chapter 2303, Subchapter F of the [Texas Enterprise Zone Act] Texas
Government Code (the "Act"), Flint Hills has applied to the City for designation as an enterprise
project;
WHEREAS, the City has previously nominated Flint Hills as a triple jumbo enterprise project by
Resolution 027061, adopted on November 14, 2006; and
WHEREAS, the City finds that Flint Hills, located at 2825 Suntide Road, meets the criteria for
designation as an enterprise project under Chapter 2303, Subchapter F of the Act on the
following grounds:
1. Flint Hills is a "qualified business" under Section 2303.02 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 governing body's jurisdiction located inside 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; and
2. There has been and will continue to be a high level of cooperation between public,
private, and neighborhood entities within the area; and
3. The designation of Flint Hills as an enterprise project will contribute significantly to the
achievement of the plans of the City for development and revitalization of the area, and
4. Flint Hills is located in the Enterprise Zone that is also an area designated by the federal
government as a Renewal Community;
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WHEREAS, the City finds that Flint Hills meets the criteria for tax relief and other incentives
adopted by the City and nominates Flint Hills as a triple jumbo enterprise project on the grounds
that it will be located at the qualified business site, will maintain its existing level of employment
and an increased level of economic activity and stability;
WHEREAS, the City finds that it is in the best interest of the City to nominate Flint Hills as a
triple jumbo enterprise project pursuant to the Act; and
NOW, THEREFORE, E, BE IT RESOLVED BY THE CITY COUNCIL CIL of THE CITY OF CORPUS
CHRISTI, 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 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, as set forth in Section
2303, Subchapter F of the Act and the designation of the enterprise project as a triple jumbo
enterprise project will count as three designations against the total number designations
allowed.
SECTION 3. That the enterprise project shall take effect on the date of designation of the
enterprise project by the agency and terminate on December 3, 2012.
ATTEST:
Armando Chapa
City Secretary
APPROVED as to form: November 8, 2007
/ btk..)
Gary Smith
Assistant City Attorney
For City Attorney
litegDir/ hared/ w lagefldaf 007/11-1 JResolutionFlintHill
CITY 0 CORPUS CHRISTI
w►r.d
ry Garrtt
Mayor
Corpus Christi, Texas
day of
2007
The above resolution was passed by the following vote:
Henry Garrett
Melody Cooper
Larry Elizondo, Sr.
Mike Hummel!
Bill Kelly
Priscilla G. Leal
John E. Marez
Nelda Martinez
Michael M Cut hon
Abink
027478
H:t_egDir/ hared/ if lagendaI2007111-1 / esolutionFlintHills
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THE STATE OF TEXAS §
COUNTY of NIECES
1, Armando Chapa, City Secretary. of the City of Corpus Christi, Texas, do hereby
certify that the above and foregoing is a true and correct copy of Resolution Number
passed by the City of Corpus Christi City Council on the this day of
2007.
Armando Chapa
City Secretary
THE STATE OF TEXAS
COUNTY of NUECES
BEFORE ME, the undersigned authority, on this day personally appeared
Armando Chapa, City Secretary of the City of Corpus Christi, Texas, known ern to me to be
the person whose name is subscribed to the foregoing instrument, and acknowledged to
me that he executed the same for the purposes and consideration therein expressed.
GIVEN under my hand and seal of office this day of �, 2007.
Notary Public, State of Texas
My commission expires:
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