File #: 24-0530    Version: 1 Name:
Type: Resolution Status: Passed
File created: 3/29/2024 In control: City Council
On agenda: 4/9/2024 Final action: 4/9/2024
Title: 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 #122, for an application to the U.S. Foreign-Trade Zones Board (FTZB) requesting designation as a subzone, which would result in City property tax exemptions with no further Council action, owned and operated by Cimbar Resources, Inc, for their site located at 322 Manning Road in Corpus Christi, Texas.
Sponsors: Economic Development
Attachments: 1. Agenda Memo - Cimbar FTZ, 2. Resolution- CIMBAR RESOURCES RESOLUTION TO FTZB, 3. Tax Concurrence Template - Cimbar FTZ, 4. Presentation - Cimbar FTZ

Title

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 #122, for an application to the U.S. Foreign-Trade Zones Board (FTZB) requesting designation as a subzone, which would result in City property tax exemptions with no further Council action, owned and operated by Cimbar Resources, Inc, for their site located at 322 Manning Road in Corpus Christi, Texas.