2006-05-22 Regular Meeting and Workshop Meeting

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Joerns. John From: Sent: To: Cc: Subject: Trey W. Boring [trey.boring@imsw.com] Thursday, May 25, 2006 3:31 PM Joerns, John Feazelle, Debra RE: Johnson Development - Proposed FTZ Site Location A. You can set your policy any way you want to set it regarding abatements. If you are giving abatements and you want the exemption benefit waived you can do that as a taxing entity. What it does is set you up to manage multiple policies as opposed to one uniform policy. I only mention that to say that you can set up what you want, but then you will need to manage each of the scenarios. I believe that if you do that you will need to include that in a policy statement for the city so that it does not become a situational exemption. If you deal with it as a policy, you don't have to deal with one company complaining about unfair treatment because company A got something they didn't. We find that case anytime there is no policy and an entity deals with this on a situation by situation basis. Trey W. Boring Sr. Vice President IMS Worldwide, Inc. Ph. (281) 554-9099 Fx. (281) 554-9506 Cell. (832) 385-8524 trey.boring@imsw.com www.imsw.com -----Original Message----- From: Joerns, John [mailto:JoernsJ@ci.la-porte.tx.us] Sent: Thursday, May 25, 2006 3:07 PM To: Trey W. Boring Cc: Feazelle, Debra Subject: RE: Johnson Development - proposed FTZ Site Location Trey--switch topics back to the Foreign Trade Zone Consideration City Council will have a meeting on June 7th (6:30pm) to discuss FTZ- I think the no objection is a lock--remains to be seen how they approach the local (inventory) exemption. You furnished a spreadsheet earlier for impact on the Clay Development site based on certain assumptions. Do you have a similar one for Port Crossing-if so, please send. ~. Next question-if local exemption is considered for Underwood Business Park-can companies that get tax abatements (within that development) be excluded from the inventory exemption? In other words within an FTZ can it be a case by case basis where they get either the tax abatement or the local FTZ exemption? If not there is a sort of double whammy! Thanks--e-mail-call-whatever. JJ -----Original Message----- From: Trey W. Boring [mailto:trey.boring@imsw.com] Sent: Tuesday, April 18, 2006 3:26 PM To: Joerns, John; Christina Ousman; Feazelle, Debra Cc: Admin Email Group; Curtis D. Spencer Subject: RE: Johnson Development - Proposed FTZ Site Location Thanks John, you have cleared up what HCAD and no one else could. 1