HomeMy WebLinkAboutRES 97-194 RESOLUTION NO. �7 19
WHEREAS, the Cities of Beaumont and Nederland, Texas (the "Cities") and
Jefferson County, Texas (the "County") will make application to the Texas Department of
Commerce for the creation of the Beaumont/Nederland/Jefferson County Enterprise Zone
(the "Zone") on September 1, 1997; and
WHEREAS, Commerce will consider NorCross as an enterprise project pursuant
to a nomination and an application made by the Cities and County; and
WHEREAS, the Cities and County desire 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 Government
Code referred to as the Texas Enterprise Zone Act (the "Act"), NorCross has applied for
designation as an enterprise project; and,
WHEREAS, the Cities and County find that NorCross meets the criteria for
designation as an enterprise project under Chapter 2303, Subchapter F of the Act on the
following grounds:
1. NorCross 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 Cities' and County's jurisdiction or
economically disadvantaged people; [or]
2. There has been and will continue to be a high level of cooperation between
public, private, and neighborhood entities within the Zone; and
3. The designation of NorCross as an enterprise project will contribute
significantly to the achievement of the plans of the Cities and County for
development and revitalization of the Zone.
WHEREAS, the Cities and County find that NorCross meets the criteria for tax relief
and other incentives adopted by the Cities and County and nominates NorCross 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
NorCross 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 NorCross 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 Commerce and terminate five (5) years
after that date of designation.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of
1997.
-Mayor-