HomeMy WebLinkAboutRES 98-49 RESOLUTION NO.
WHEREAS, the Texas Department of Economic Development ("Department")
designated the Beaumont/Nederland/Jefferson County Enterprise Zone (the "Zone") on
January 2, 1998, and
WHEREAS, Department will consider C & D Robotics, Inc. as an enterprise project
pursuant to a nomination and an application made by the City of Beaumont, Texas (the
"City"); and
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 Zone and to provide employment to residents of the
Zone and to other economically disadvantaged individuals; and
WHEREAS, pursuant to Chapter 2303, Subchapter F of the Texas Enterprise Zone
Act, Texas Government Code (the "Act"), C & D Robotics, Inc. has applied to the City for
designation as an enterprise project; and
WHEREAS, the City finds that C & D Robotics, Inc. meets the criteria for
designation as an enterprise project under Chapter 2303, Subchapter F of the Act on the
following grounds:
1. C & D Robotics, Inc. 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 in
the Zone and at least twenty-five percent (25%) of the business' new
employees will be residents of a Zone within the City's jurisdiction or
economically disadvantaged individuals;
2. C & D Robotics, Inc. is located in the Zone, or has made a substantial
commitment to locate in the Zone, which has an unemployment rate of not
less than one and one-half (1-1/2) times the state unemployment rate, or a
population loss of at least twelve (12) percent during the most recent six-
year period or a population loss of at least four (4) percent for the most
recent three-year period;
3. There has been and will continue to be a high level of cooperation between
public, private, and neighborhood entities within the Zone; and
4. The designation of C & D Robotics, Inc. as an enterprise project will
contribute significantly to the achievement of the plans of the City for
development and revitalization of the Zone.
WHEREAS, the City finds that C & D Robotics, Inc. meets the criteria for tax relief
and other incentives adopted by the City and nominates C & D Robotics, Inc. on the
grounds that it will be located wholly within the Zone, will create a higher level of
employment, economic activity and stability; and
WHEREAS, the City finds that it is in the best interest of the City to nominate C &
D Robotics, Inc. as an enterprise project pursuant to the Act;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the findings of the City and its actions approving this resolution taken at the council
meeting are hereby approved and adopted.
BE IT FURTHER RESOLVED that C & D Robotics, Inc. is a "qualified business", as
defined in Section 2303.402 of the Act, and meets the criteria for designation as an
enterprise project, as set forth in Section 2303, Subchapter F of the Act.
BE IT FURTHER RESOLVED that the enterprise project shall take effect on the
date of designation of the enterprise project by the Department and terminate five (5) years
after that date of designation.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the -, Z day of
1998.
-Mayor-
Pro Tbn
THE STATE OF TEXAS
COUNTY OF EFFERSON
I, � of the
City of Beaumont, Texas o hereby certify that the above and foregoing is a true and
correct copy of Resolution Number passed by the City of Beaumont City
Council on the ' i day of , 1998.
�Ep,UMONj �
/rte� � Patrice Vogarty
City Clerk, City of Beaumont
THE STATE OF TEXA , w i
10, 11 IF
COUNTY OF JEFFERS3q s�,, •�
BEFORE ME, the n 1�?'�T'I'2�a�authority, on this day personally appeared
of the City of
{
Beaumont, Texas, known to me to be the person whose name is subscribed to the
foregoing instrument, and acknowledged to me that he/she executed the same for the
purposes and consideration therein expressed.
GIVEN under my hand and seal of office this of , 1998.
BARBARA LIMING Notary Public, State of Tex
Z
NOTARY PUBLIC
N��oFt y My Comm.ExpireTEXAS 2001 My commission expires:
THE STATE OF TEXAS
COUNTY OF JEFFERSON