HomeMy WebLinkAbout033343 RES - 04/09/2024RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF CORPUS CHRISTI,
TEXAS, AUTHORIZING A LETTER OF SUPPORT BY THE CITY OF
CORPUS CHRISTI TO THE FOREIGN -TRADE ZONE (FTZ) MANAGER
AT THE PORT OF CORPUS CHRISTI, GRANTEE OF FTZ NO 122, FOR
AN APPLICATION TO THE U.S. FOREIGN -TRADE ZONES BOARD
(FTZB) REQUESTING TO CREATE A SUBZONE OWNED AND
OPERATED BY CIMBAR RESOURCES, INC. FOR THEIR BARITE
PLANT SITE LOCATED AT 322 MANNING ROAD CORPUS CHRISTI,
TEXAS, WHICH LIES WITHIN THE CITY OF CORPUS CHRISTI'S
JURISDICTIONAL TERRITORY; AND SETTING FORTH RELATED
MATTERS THERETO.
WHEREAS, Cimbar Resources Inc. is making a $2 million investment in a mineral
plant facility to produce aggregate of ground barite in Nueces County, Texas. This investment will
bring vital domestic production of ground barite to the United States oil field companies; and
WHEREAS, the use of the proposed Subzone will be to produce, develop, manufacture,
package, label, warehouse, exhibit, and distribute ground barite to oil field companies; and
WHEREAS, the creation of this Subzone will not adversely affect the taxing revenue
to all taxing authorities, but will increase the revenue over time to each taxing authority; and
WHEREAS, the manager at the Port of Corpus Christi has authorized the submission of
this application with the Foreign -Trade Zones Board requesting the creation of a subzone owned
and operated by Cimbar Resources, Inc. at their site located at 322 Manning Road, Corpus Christi,
Texas; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
Section 1. Findings. The foregoing recitals are hereby found to be true and correct and are hereby
adopted by the City Council and made a part hereof for all purposes as findings of fact.
Section 2. That the City Council supports the creation of this Subzone of the Port of Corpus Christi
Foreign Trade Zone #122, within the jurisdiction of Corpus Christi, Texas, for Cimbar Resources
Inc., and authorizes the mayor to send a letter of support to the Foreign -Trade Zones Board with the
U.S. Department of Commerce for said creation.
Section 3. Open Meetings. It is hereby officially found and determined that the meeting at which
this resolution was passed was open to the public as required and that public notice of the time,
place and purpose of said meeting was given as required by the Open Meetings Act, Chapter 551
of the Texas Local Government Code.
Section 4. Effective Date. This Resolution shall be in full force and take effect upon its
03334
adoption.
PASSED AND APPROVED on this kii) day of April 2024.
CITY OF CORPUS CHRISTI, TEXAS
Paulette Guajardo, Mayor
ATTEST:
Rebecca Huerta, City Secretary
APPROVED AS TO FORM:
Jacqueline Bazan, Assistant City Attorney
3
I a