HomeMy WebLinkAboutRES 20-032RESOLUTION N0.20-032
WHEREAS, the City of Beaumont (City) has previously passed Ordinance No.
11-087 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. 11-087; and,
WHEREAS, the Office of the Governor Economic Development and Tourism,
through the Economic Development Bank (Bank) will consider ExxonMobil Oil
Corporation as an enterprise project pursuant to a nomination and an application made
by 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 City and to provide employment to residents of
enterprise zones and to other economically disadvantaged individuals; and,
WHEREAS, pursuant to Texas Government Code, Chapter 2303, cited as the
Texas Enterprise Zone Act, (the "Act"), ExxonMobil Oil Corporation has applied to the
City for designation as an enterprise project; and,
WHEREAS, the City finds that ExxonMobil Oil Corporation meets the criteria for.
designation as an enterprise project under Chapter 2303, Subchapter F of the Act at its
Refinery located at 1795 Burt Street on the following grounds:
1. ExxonMobil Oil Corporation 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 at a
qualified business site located in an enterprise zone and at least twenty-five
percent (25.0%) of the business' new employees will be residents of an
enterprise zone, economically disadvantaged individuals, or veterans; 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 ExxonMobil Oil Corporation as an enterprise project will
contribute significantly to the achievement of the plans of the City for
development and revitalization of the area
; and,
WHEREAS, the City finds that ExxonMobil Oil Corporation meets the criteria for
tax relief and other incentives adopted by the City and nominates ExxonMobil Oil
Corporation for enterprise project status on the grounds that it will be located at the
qualified business site, 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
ExxonMobil Oil Corporation 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; and,
BE IT FURTHER RESOLVED THAT ExxonMobil Oil Corporation 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 Chapter 2303, Subchapter F of the
Act for its Refinery located at 1795 Burt Street; and,
BE IT ALSO RESOLVED THAT the enterprise project shall take effect on the
date of designation of the enterprise project by the agency and terminate five years from
the date of designation. '
The meeting at which this resolution was approved was in all things conducted in
strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter
551.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 18th day of
February, 2020.
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