HomeMy WebLinkAboutR-2019-12 Designating MRC Global (US), Inc. as an enterprise project RESOLUTION NO. 2019-12
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS,
NOMINATING MRC GLOBAL (US) INC. TO THE OFFICE OF THE GOVERNOR ECONOMIC
DEVELOPMENT AND TOURISM ("OOGEDT") THROUGH THE ECONOMIC
DEVELOPMENT BANK ("BANK") FOR DESIGNATION AS AN ENTERPRISE PROJECT
("PROJECT") UNDER THE TEXAS ENTERPRISE ZONE PROGRAM UNDER THE TEXAS
ENTERPRISE ZONE ACT, CHAPTER 2303, TEXAS GOVERNMENT CODE ("ACT")
WHEREAS, on the 10th day of May, 2010, the City of La Porte, Texas (City) passed and approved
Ordinance No. 2010-3248 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 2010-
3248; and
WHEREAS, the Office of the Governor Economic Development and Tourism (OOGEDT), through the
Economic Development Bank (Bank), will consider MRC Global (US) Inc. 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 veterans; and
WHEREAS, pursuant to Chapter 2303, Subchapter F, of the Texas Enterprise Zone Act, Texas
Government Code (the "Act"), MRC Global (US) Inc. has applied to the City for designation as an
enterprise project; and
WHEREAS, the City finds that MRC Global (US) Inc. meets the criteria for designation as an enterprise
project under Chapter 2303, Subchapter F, of the Act on the following grounds:
1. MRC Global (US) 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 at a qualified business site inside an enterprise
zone, and at least twenty-five percent (25.0%) of the business' new permanent jobs in the enterprise
zone will be held by residents of any enterprise zone in this state, 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 MRC Global (US) Inc. as an enterprise project will contribute significantly to the
achievement of the plans of the City for development and revitalization of the area.
WHEREAS, the City finds that MRC Global (US) Inc. meets the criteria for tax relief and shall pay
sales tax when eligible, and that the City has adopted incentives MRC Global (US) Inc. could be eligible
for and nominates MRC Global (US) Inc. for enterprise project status on the grounds that it will be located
at a qualified business site inside an enterprise 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 MRC Global (US) Inc. as
an enterprise project pursuant to the Act.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: 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 MRC Global (US) 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 designation shall take effect on the date of
designation of the enterprise project by the OOGEDT through the Bank, and terminate five years from
the date of designation.
PASSED AND APPROVED this the lj\ day of t4. , 2019.
CITY OFL' ' •RT
azi'M
Lou; R. ''igby, Mayr.
ATTEST: APPR• ED AS TO FORM:
-- r oodward, City Secretary Clark T. Askins, Assistant City Attorney