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HomeMy WebLinkAbout2006-05-22 Regular Meeting and Workshop Meeting ,- <~ ,.-----. ------------ MINUTES OF REGULAR MEETING AND WORKSHOP MEETING OF THE LA PORTE CITY COUNCIL May 22, 2006 1. CALL TO ORDER The meeting was called to order by Mayor Alton Porter at 6:04 p.m. Members of City Council Present: Mayor Alton Porter, Councilmembers Chuck Engelken, Tommy Moser, Mike Clausen, Barry Beasley and Howard Ebow Members of Council Absent: Peter Griffiths, Mike Mosteit, and Louis Rigby, Members of City Executive Staff and City Emplovees Present: Assistant City Manager John Joerns, Assistant City Attorney Clark Askins, Police Chief Richard Reff, Assistant City Secretary Sharon Harris, Building Official Debbie Wilmore, Administrative Secretary Susan Felty, Records Technician Bonnie Garrison and Presiding Judge Denise Mitrano. Others Present: Sue Gale Mock Kooken, Barbara Norwine, Trey Boring, Kelly Rote, Trent Wise, Earl Garrison, Russell Plank, John Handy of Houston Chronicle and other citizens and students. 2. Mayor Porter delivered the invocation. 3. Mayor Porter led the Pledge of Allegiance. 4. PRESENTATIONS / PROCLAMATIONS There were no presentations or proclamations presented. 5. Council to consider approval or other action regarding an ordinance declaring the results of the City of La Porte Special Election held on May 13,2006. Assistant City Attorney Clark Askins presented summary and recommendation and answered Council's questions. Assistant City Attorney read: ORDINANCE 2886 - AN ORDINANCE DECLARING THE RESUL TS OF A SPECIAL ELECTION HELD IN THE CITY OF LA PORTE ON MAY 13,2006, TO PERMIT VOTING FOR OR AGAINST THE PROPOSITION: "THE ADOPTION OF A LOCAL SALES AND USE TAX IN THE CITY OF LA PORTE AT THE RATE OF ONE-FOURTH OF ONE PERCENT TO PROVIDE REVENUE FOR MAINTENANCE AND REPAIR OF MUNICIPAL STREETS"; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. Motion was made bv Councilmember Engelken to approve Ordinance 2886 as presented by Mr.Askins. Second by Councilmember Beasley. The motion carried. Ayes: Moser, Ebow, Engelken, Beasley, Clausen and Porter Nays: None Abstain: None City Council Regular and Workshop Meeting - May 22, 2006 Page 2 6. Council to consider approval or other action regarding an ordinance declaring the results of the City of La Porte Election held on May 13,2006. Assistant City Attorney Clark Askins presented summary and recommendation and answered Council's questions. Assistant City Attorney read: ORDINANCE 2887 -AN ORDINANCE DECLARING THE RESULTS OF THE ELECTION HELD IN THE CITY OF LA PORTE ON MAY 13,2006, FOR THE ELECTION OF A MAYOR; COUNCILPERSON DISTRICT 2; AND COUNCILPERSON DISTRICT 3; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. Motion was made bv Councilmember Engelken to approve Ordinance 2887 as presented by Mr. Askins. Second by Councilmember Ebow. The motion carried. Ayes: Moser, Ebow, Engelken, Beasley, Clausen and Porter Nays: None Abstain: None 7. Presiding Judge Denise Mitrano administered Oaths of Office to the newly appointed Mayor, Councilmember District 2 and Councilmember District 3 as presented. 8. Council to consider approval or other action regarding an ordinance appointing a Mayor Pro- Tern of the City of La Porte, for the term expiring May 31, 2007. Assistant City Attorney Clark Askins read: ORDINANCE 2005-2888 AN ORDINANCE APPOINTING A MEMBER OF THE CITY COUNCIL TO SERVE AS MAYOR PRO- TEM OF THE CITY OF LA PORTE; FOR THE TERM COMMENCING JUNE 1,2006, AND EXPIRING MAY 31, 2006; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; PROVIDING AN EFFECTIVE DATE HEREOF. Motion was made by Councilmember Ebow to approve Ordinance 2005-2888 as presented by Mayor Porter and appointing Councilmember Moser as Mayor Pro-Tern. Second by Councilmember Beasley. The motion carried. Ayes: Ebow, Engelken, Beasley, Clausen, Moser, and Porter Nays: None Abstain: None 9. CONSENT AGENDA A. Consider approving Minutes of the Regular Meeting, Public Hearing and Workshop Meeting held on May 8, 2006. B. Council to consider approval or other action regarding an ordinance ratifying and confirming the City Attorney's Selection of Clark Askins as Assistant City Attorney and Prosecutor in Municipal Court. Motion was made by Councilmember Clausen to accept consent agenda as presented. Second by Councilmember Moser. The motion carried unanimously. City Council Regular and Workshop Meeting - May 22, 2006 Page 3 Ayes: Engelken, Ebow, Clausen, Moser, Beasley and Mayor Porter. Nays: None Abstain: None 10. PETITIONS, REMONSTRANCES, COMMUNICATIONS, AND CITIZENS AND TAX P AYERS WISHING TO ADDRESS COUNCIL ON ANY ITEM POSTED ON THE AGENDA Citizen's addressing Council: Barbara Norwine - 202 South Lobit La Porte, Texas 77571 - addressed Council with concerns of not having a Little League Ball Park in La Porte after a Bond Election had been held. She also spoke regarding concerns of paying for heavy trash in her utility bills for rental property and also having to rent a container for trash while remodeling at the property. Ms. Norwine spoke regarding concerns of 18 wheeler traffic destined for the Barbous Cut exit, she also informed Council she was not against angle parking on Main Street but had concerns if the angle parking would result into only two-lane on Main Street. 11. Council to consider approval of Ordinance 2003-2665A- to clarify intent and add waived fees. Building Official Debbie Wilmore presented summary and recommendation and answered Council's questions. Assistant City Attorney Clark Askins read: ORDINANCE 2003-2665-A- AN ORDINANCE AMENDING ORDINANCE NO. 2003-2665 REGARDING WAIVER OF CONSTRUCTION FEES IMPOSED BY THE CITY OF LA PORTE ON IMPROVEMENTS TO REAL PROPERTY, BY INCLUDING WAIVER OF ADDITIONAL PERMIT, INSPECTION, AND PARKLAND DEVELOPMENT FEES FOR HOUSING FOR LOW INCOME FAMILIES BY CERTAIN NON-PROFIT CORPORATIONS AND/OR CITY OF LA PORTE OR OTHER GOVERNMENTAL AGENCY INITIAED PROGRAMS; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; CONTAINING A SEVERABILITY CLAUSE; CONTAINING A REPEALING CLAUSE; AND PROVIDING AN EFFECTIVE DATE HEREOF. Motion was made by Council member Clausen to table Ordinance 2003-2665 A as presented by Ms. Wilmore. Second by Council member Engelken. The motion carried Ayes: Moser, Ebow, Engelken, Beasley, Clausen and Mayor Porter Nays: None Abstain: None 12. Close Regular Meeting and Open Workshop at 6:31 p.m. A. Mayor Porter briefly discussed Boards & Commissions Appointments. He advised council to consider nominations for the various positions for replacements or renewals. Mayor nominated George Van Dyke to the vacant position on the Chapter 172 and City Council Regular and Workshop Meeting - May 22,2006 Page 4 Jamey Davis as alternate to the Chapter 172. Assistant City Attorney Clark Askins advised Council he would draft an ordinance amending the appointment ordinance section on the Zoning Board of Adjustment to clarify council's desire to designate the chairperson of the board. B. Assistant City Manager John Joerns provided council with an overview of a proposed development agreement by and between the Reinvestment Zone Number One, City of La Porte, Texas and La Porte Redevelopment Authority and the City of La Porte, Texas for the design and construction of the Southeast Sanitary Sewer Trunk Main and Lift Station Facilities. C. Assistant City Manager John Joerns provided council with an overview of a proposed utility extension agreement by and between the Reinvestment Zone Number One City of La Porte, Texas and La Porte Redevelopment Authority and the City of La Porte, Texas, and 65 La Porte, LTD., A Texas Limited Liability Partnership. D. Assistant City Manager John Joerns and Trey Boring, Sr. Vice President ofIMS Worldwide Inc. provided a presentation on Foreign Trade Zone. Russell Plank of National Property Holdings also had comments on Foreign Trade Zone. 13. Closed Workshop and reconvened Regular Meeting at 7:21 p.m. 14. Administrative Reports Assistant City Manager John Joerns reminded Council of the City of the Commissioner Sylvia Garcia Town Hall Meeting, Tuesday, May 23,2006 at 6:00 p.m. at the Harris County Activity Center, City Offices closed, Monday, May 29,2006 for observance of Memorial Day, and Annual Juneteenth Parade and Celebration, Saturday, June 17,2006 at 10:00 a.m. at North 8th and Main Street. 15. Council Comments Engelken, Clausen, Beasley, Moser, Ebow and Porter had comments. 16. EXECUTIVE SESSION - PURSUANT TO PROVISION OF THE OPEN MEETINGS LAW, CHAPTER 551.071 THROUGH 551.076, 551-087, TEXAS GOVERNMENT CODE (CONSULTATION WITH ATTORNEY, DELIBERATION REGARDING REAL PROPERTY, DELIBERATION REGARDING PROSPECTIVE GIFT OR DONATION, PERSONNEL MATTERS, DELIBERATION REGARDING SECURITY DEVICES, OR EXCLUDING A WITNESS DURING EXAMINATION OF ANOTHER WITNESS IN AN INVESTIGATION, DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS) 551.071 (PENDING OR CONTEMPLATED LITIGATION) - DISCUSS CODE ENFORCEMENT ISSUE WITH CITY ATTORNEY AND CITY MANAGER. City Council Regular and Workshop Meeting - May 22, 2006 Page 5 Council retired to Executive Session at 7:24 p.m. and returned to the Regular Meeting and reconvened at 7:43 p.m. 17. There was no action taken during Executive Session. 18. There being no further business to come before Council, the Regular Meeting and Workshop was duly adjourned at 7:46 p.m. Respectfully submitted, --rnafZ)tL c:4ffb/ Martha GIllett, TRMC, CMC City Secretary P~i~~" day ofJone 2006 Mayor Alton E. Porter REQUE rr FOR CITY COUNCIL AGENDA ITEM Department: 6 Appropriation Agenda Date Requested: Ju e Requested By: Source of Funds: Account Number: Report: Resolution: Ordinance: Amount Budgeted: Exhibits: Foreign Trade Zone Request Outlinp Amount Requested: Exhibits: Tax Impact Analysis for Clay Development (Prepared by Consultant for Clay Development) Budgeted Item: YES NO Exhibits: Tax Impact Analysis for Port Crossing (Prepared by Consultant for Port Crossing) Exhibits: F.mail from Trpy Boring rpgardingForeign Trade Zone and question regarding Tax Abatements Exhibits: Houston Chronicle Articles: o City of Pasadena Presented with Trade Zone Proposal o City of La Porte Approached about Foreign Trade Pact SUMMARY & RECOMMENDATION A consultant representing Clay Development has asked to speak to Council regarding the possibility of establishing a Foreign Trade Zone. We have provided some general information for Council regarding Foreign Trade Zones. Note that the City has, in the past, issued a letter of support regarding foreign trade zones in our ETJ. They were issued based on the premise that there was no affect on local ad-valorem taxes and on our Industrial District Agreement. If Council wishes to consider establishing Foreign Trade Zones we would need to understand the effect of such declaration on other Economic Development Incentives, i.e. o The Industrial District Agreements o The Tax Abatement Guidelines o The Tax Increment Reinvestment Zone Included in that review Council may wish to consider the level oflocal participation (from 0-100%) which I understand can be set by a separate agreement. This would still allow companies to benefit from exemption or deferral from Federal duty. Action Required by Council: Receive direction from Council regarding letter of no objection and/or local participation in inventory exemption. 5 - ,31)-0 Lp Date Foreign Trade Zone (FTZ) Request by IMS Worldwide on behalf of Underwood Business Park 200+/- Ac and Port Crossing (formally Texas Import/Export) 300+/- Ac Note to City Council: These notes are meant to supplement previous information supplied on FTZ's. They can serve as an outline for discussion and questions during the May 22nd Workshop. Back2round Council has been provided information in previous workshops regarding a request to establish a General Purpose FTZ for Underwood Business Park. Since then, Port Crossing has also requested a FTZ. o There are two types ofFTZ's - we will be discussing a General Purpose Zone o General Purpose Zone covers a specified area o Sub Zone - by contract with a specific company/dies when company leaves o If a company qualifies, remember there are several "Federal level" benefits The basic decision is to determine the following: o Does the City of La Porte wish to offer no objection to the creation of a FTZ? o Does the City of La Porte wish to participate in the local (qualified) exemptions offered in Foreign Trade Zones? If so, at what level_% Once a decision is made it is essentially final (unless the zone is abandoned at the Federal level for other reasons). Plus, there is the issue of future requests from other groups that suggests La Porte should adopt one policy for equity purposes. La Porte Internal Concerns/Relationships o Industrial District Agreements o Inventory assessed at 53% (remember negotiations coming up - and this is subject to change) o From a relationship perspective we have existing Foreign Trade Zones in the Industrial District and have offered no objection to creation based on fact that "no effect" on the IDA's. Therefore, there is no further local inventory exemption City is currently offering Tax Abatements o Current published guidelines in place (expire every two years) o Taxes on structures, land equipment, etc. are abated (above base value) by declining %-age over 10 years o Inventory is not abated o If City decision is to offer no objection and participate in FTZ by offering local exemptions o Then we could have a situation where there is both tax abatement (for 10 years) and the inventory in the FTZ being abated by L %) o Give incentives to attract what we want Last, the TIRZ area: o Collection of Taxes (Increment above base value) within the TIRZ is 'lIhat fuels the TIRZ o 1 later confirmed with David Hawes that taxes on inventory are not a part ofTIRZ revenue. Any exemptions on inventory would, however, affect City revenues. o Mr. Boring has indicated that he now represents the developer of Port Crossing and he will forward information on projected revenues for Port Crossing (similar to what we received on Clay Development). Area approaches on FTZ's o The closest area cities that may be competing for Economic Development opportunities have reported the following: (No formal action to date by Deer Park or La Porte ISD) o Deer Park - no objections/no local inventory exemptions o Deer Park ISD no objections/no local inventory exemptions o Pasadena - encourages the industrial district as location for FTZ requests o Pasadena ISD (unknown) o LPISD already offers . Freeport Exemption and anticipates participating in the FTZ by offering 75% FTZ abatement increment. o Miscellaneous o Harris County - no objections/no local inventory exemptions o Chambers County (Cedar Crossing) · 65/205 Ac in FTZ - 100% participation (does not include Wal-Mart) o Goose Creek ISD (unknown) Timing Concerns (need confirmation) o June 12 - Regular City Council Meeting o Also, deadline for submission of items to the Port of Houston Authority Agenda o June 19 - Port of Houston Commission Meeting Date o Last date to consider approval of application by the Port of Houston to the Federal Government o July (?) - Applications due to the Federal Government If these schedules are not met, then it could be 6 months to 1 year before next submittal. ( c Tax Impact Analysis for Clay Development & Consulting, Inc. Underwood Business Park, Phase III (UBP) in Eastern Harris County The attached tax impact analysis is based upon job growth and real property investment generated by the location of the Clay Development & Consulting, Inc., (Clay Development) Underwood Business Park, Phase ill (UBP) in the site located in Eastern Harris County. The inventory numbers and total investment are estimates based upon current plans for the facilities if the current companies interested in the project can be attracted to the project. The first assumption used in the analysis is that the project decision is made and construction begins by early 2006. The second assumption is that the taxing authority is in agreement on the Foreign-Trade Zone (FTZ or Zone) issue with Clay Development. The City of La Porte Park (the City) will see significant benefit with this project. It will increase the value of the land and will put a significant amount of investment into the land in terms of real property enhancement, buildings and equipment that will add to the tax roles of the City. The Federal exemptions on inventory tax collection at the facility will not negatively impact the City, since the inventory is not currently on the City's tax roles. Furthermore, an estimated 60% of the inventory is currently estimated to qualify for the exemption. Clay Development is seeking a letter of support or a letter of "no contest" from the City in conjunction with the FTz Expansion Application that will be required to establish the Zone Site for the facility. The overall net benefit to the City is anticipated to be an annual tax revenue stream of no less than $700,000 after the FTZ exemption is granted. Clay Development has identified that Zone status is a key factor for the marketing of these sites. If the letter of suPport is garnered from the City, then the development will locate in Eastern Harris County. A failure to realize a satisfactory FTZ status in Deer Park will make the marketing of the sites to companies versus neighboring Counties more difficult. This analysis does not include any of the indirect economic benefits of having this project, and the estimated 275 jobs it would create. I:\PROJlClay DevelopmentlClay tax namtive City of La Porte.doc r . i In I .-."\ Tax Analysis Direct Effects of Underwood Business Park - No FTZ Exemption La Porte ISO and City of La Porte 2005 2006 2007 2008 2009 2010 Taxable Total Inventory $0 $7,500,000 $20,000,00,0 $20,000,000 $20,000,000 $20,000,000 Total Investment in Building and Equipment $0 $120,000,000 $120,000,000 $120,000,000 $120,000,000 $120,000,000 Total Value of Property - F1 (Real Com.) $2,042,700 $2,042,700 $2,042,700 $2,042,700 $2,042,700 $2,042,700 Real Property Tax Rate - City of La Porte 0.710% Total Impact on City of La Porte $14,503 $919,753 $1,006,503 $1,008,503 $1,008,503 $1,008,503 l:proYClay OavalopmanVTax Impact (2) (r\ 'i tf\ :! : ~ Tax Analysis Direct Effects of Underwood Business Park. With FTZ Exemption La Porte 150 and City of La Porte 2005 2006 2007 2008 2009 2010 Taxable Domestic Inventory $0 $3,000,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000 Total Investment in Building and Equipment $0 $120,000,000 $120,000,000 $120,000,000 $120,000,000 $120,000,000 Total Value of Property - F1 $2,042,700 $2,042,700 $2,042,700 $2,042,700 $2,042,700 $2,042,700 Real Property Tax Rate - City of La Porte 0.710% Total Impact on City of La Porte $14,503 $887,803 $898,453 $898,453 $898,453 $898,453 l:proYClay DavalopmanllTax Impact (2) "'0 o o ~ Q) c"'O o C t)::J to I O-~ .Eo )(0- to to t-...J ....- o Z' 6 c: g g %"'a III E ~ ~ NUl ~t~ ~..su. :>' ._ 0 $ ~ c: u.. III III .... :::l :::l c: C c: III III III l:: :>' :>' 6~~ ..0 Co,- ~z 9nU9^9't! xe.1. l~- City of La Porte Interoffice Memorandum From: John Joerns, Assistant City To: Mayor and Council Debra Feazelle, City Manager. Date: May 31, 2006 Subject: Port Crossing/Underwood Business Park Request for Foreign Trade Zone Attached is a tax impact spreadsheet for Port Crossing prepared by the consultants (IMS Worldwide). A few reminders: o Although the line item estimates the total revenue to the City (based on certain assumptions). o The City will not realize the (increased) revenue component for property, buildings and equipment. o This component is revenue for the TIRZ until December 31, 2029 (unless dissolved sooner). o It is programmed for public infrastructure improvements with approximately $11 million already pledged for reimbursement. o The inventory component would be revenue to the City. Secondly: o The Underwood Business Park is also the site for Packwell, which has requested a Tax Abatement agreement (declining percentage for 10 years). o Council may want to weigh this if local exemption for qualified inventory is considered for the entire 200 Ac Park. 11lml c: Cynthia Alexander, Assistant City Manager Tax Analysis Direct Effects of Port Crossing - With FTZ Exemption City of La Porte Taxable Domestic Inventory Total Investment in Building and Equipment Total Value of Property - F1 Real Property Tax Rate - City of La Porte Inventory Percent Qualifying for FTZ Inventory Percent not Qualifying for FTZ Exemption Given for FTZ Total Revenue to the City of La Porte Total FTZ Exemption 2006 $1,000,000 $12,000,000 $25,600,000 $272,058 $2,002 2007 $7,500,000 $52,000,000 $25,600,000 $589,194 $15,017 2008 $20,000,000 $92,000,000 $25,600,000 $936,916 $40,044 2009 $25,000,000 $171,000,000 $25,600,000 $1,523,305 $50,055 2010 $25,000,000 $171,000,000 $25,600,000 $1,523,305 $50,055 2011 $25,000,000 $171,000,000 $25,600,000 0.710% 60.000% 40.000% 53.000% $1,523,305 $50,055 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 HoustonChronicle.com - Pasadena presented with trade zone proposal Page 1 of2 HoustonChronicle.com -- http://www.HoustonChronicle.comISection: Pasadena/Baytown news May 24,2006, 1:54PM Pasadena presented with trade zone proposal By CAROL CHRISTIAN As many as 1,500 new entry-level jobs and annual tax revenue of at least $250,000 could await Pasadena if the City Council approves the city's first Foreign Trade Zone, officials say. An agreement between the city and LIT Industrial Limited Texas Partnership was approved on first reading at Tuesday's council meeting. The agreement specifies that the company will not be exempt from any city taxes if the zone is established. The agreement must also be approved on second reading, which is expected at 7:30 p.m. May 30 at City Hall, 1211 E. Southmore Ave. LIT owns 84 acres at Texas 225 and South Street where it plans to build an industrial park, said Trey W. Boring, senior vice president of the consulting firm IMS Worldwide Inc. ADVERTISEMENT I GRADUATED IN .~~~~.~~~.~~ ~.~.~.!J 2!:J.~.~ ~~ ~.~~~~~~~~ ~~~~~~~.~~ ~~.~~~~.~~~ ~~~.~~.~ II classmate~.(om LIT intends to build and rent out six "cross-dock facilities" - warehouses where shipments are transferred from one mode of transportation to another or are repackaged, Boring said. The agreement that City Council approved Tuesday states that LIT's tenant companies will not ask for tax breaks on their inventory if the zone is established in Pasadena. Although the federal statute that set up the Foreign Trade Zone program allows companies to seek exemptions from inventory taxes, LIT's agreement with Pasadena states that it will waive that right. The LIT site will not be a new zone but will be an expansion of Foreign Trade Zone 84, which is administered by the Port of Houston Authority. Zone 84 includes all Foreign Trade Zone sites in Harris County. Established in 1983, Zone 84 has been expanded 34 times since then, according to the Web site of the U.S. Foreign Trade Zones Board. Altogether, Zone 84 includes 1,758 acres, port officials said. http://www.chron.com!cs/CD Alprintstory .mpl/nb/pasadena/news/3 885869 5/25/2006 HoustonChronicle.com - Pasadena presented with trade zone proposal Page 2 of2 If the Pasadena City Council approves the agreement with LIT on second reading, it could take eight months to a year before the zone gets final approval from the Foreign Trade Zones Board in Washington, Boring said. The process includes submitting a request to the Port of Houston for review by port staff members. If the review is favorable, the staff members recommend that port commissioners pass a resolution to submit the expansion application to the board in Washington, said port spokeswoman Argentina James. Houston Port officials typically dispense with their part of the process quickly, Boring said. In addition to the LIT site in Pasadena, Boring said he is representing owners of four other potential Foreign Trade Zone expansion sites in Harris County. He said he will present all five to the port at the same time, after agreements are approved by the city councils involved. One of the other sites consists of two adjacent properties in Pasadena's industrial district near the Bayport Container Terminal. Two more sites involve a single owner, Clay Development, which has land at Texas 225 and Underwood Street. Part of the land is in La Porte and part is in Deer Park, so it is considered to be two expansion sites, Boring said. The fifth proposed expansion site is in La Porte, near Texas 146 and McCabe Road. While waiting for federal approval, LIT can go ahead with construction and other preparations, Boring said. LIT's inclusion in Foreign Trade Zone 84 will be good for Pasadena, Boring said, because the zone will help diversify the city's business base and will bring back entry-level jobs paying $12 to $18 an hour. "These are the jobs where you can go to work with just a high school education," he said. By contrast, automation at the petrochemical plants has raised the education bar for new employees to a minimum of two years of college, he said. caro/. christian@chron.com HoustonChronicle.com -- http://www.HoustonChronicle.comISection:PasadenalBaytown news This article. is: httIl:/ /www.cbron.comldisp/story.mpllnb/pasadena/news/388S869 .html http://www.chron.com!cs/CD A/printstory .mpl/nb/pasadena/news/3 885869 5/25/2006 HoustonChronicle.com - La Porte approached about free trade pact Page 1 of2 II 21st Century Insurance Good people to call Ov Save $300 on Auto Insurance Start by entering.., Your ZIP Car Make Car Model Car Year - ~k;k Here HoustonChronicle.com -- http://www.HoustonChronicle.comISection: PasadenalBaytown news May 23, 2006, 6:04PM La Porte approached about foreign trade pact Webster firm says city, schools crucial to plan By JOHN HANDY Chronicle Correspondent A representative ofIMS Worldwide Inc. Monday night requested La Porte City Council consider creating a Foreign Trade Zone at two separate sites. Trey W. Boring, consultant and senior vice president of the Webster-base company told council the projects have the possibility of creating 3,000 jobs. Boring said one site is at the Underwood Industrial Park and Texas 225 and the other is located at the Port Crossing area off Texas 146. An foreign trade zone is an area inside the United States that is designated as being outside customs territory, where items brought into the zone are duty free. ADVE RTISEME NT I GRADUATED IN ~~~~.~~E0.~~ ..!:J.~~~~~~~~ ~~~~~~~~~ ~~~~~~~~.~ ~~~~~.~.~~~ ~~.~.~~~ I!!I) classmates.com' When the items brought into the zone leave the designated area, a duty is paid to the government. The taxing entities can access inventory tax on all business, which is done currently. A trade zone can be exempted from a portion of the inventory tax by an agreement with a taxing entity on imported merchandise or domestic bound products for export. Boring's presentation covered a variety of issues, but his main points included tax issues and tax waIvers. After the meeting, Boring said he felt the City Council was responsive and would be "fair and equitable" in their judgment whether to grant a foreign trade zone to his company. http://www.chron.com!cs/CD Nprintstory .mpllnb/pasadenalnews/3 881300 5/25/2006 ,HoustonChronicle.com - La Porte approached about free trade pact Page 2 of2 City open to discussion La Porte Mayor Alton Porter asked several questions but was non-committal. The council took no action but did discuss bringing representatives from Boring's company back next week during a special meeting. Boring, who was hired as a consultant by Robert Clay and Russell Plank, told council that in order for the project to move forward with the Port of Houston, La Porte must give its approval for the plan. La Porte Independent School District and Harris County also must approve the plan. "We've met with La Porte ISD and they are favorable but we must pay them a partial payment in lieu of taxes," Boring said. "As for Harris County, they'll sign an exemption waiver for 100 percent payment on their taxes," Boring said, but added that without La Porte taxing entities signing off on it, the port will not process the application. IMC officials say the final approval of the agreements must be made by mid-June. HQustonChroniGle.com -- http://www.HoustonChronicle.cQm I Section:PasadenalBaytown neWs This article is: http://www.chron.com!disp/story.mpllnb/pasadenalnews/3881300.html http://www.chron.com!cs/CDNprintstory .mpllnb/pasadenalnews/3 881300 5/2512006 -n 0 ~ ~ CO ...-- <.0 -0 :) ~ 0 ~ ~ ~ CO 0- co () tQl ..... . ~< :) co -0 () ~ 0 ~ 5 c co ~ ~ () Cf) -:s ....... . - - ...-- -0 Houston Industrial Development Growth (2003-2006) · Clay Development - 4.26M+/- sq. ft. (Deer Park, La Porte, Pasadena Industrial District) · lNG/LIT - 1.15M+/- sq. ft. (Pasadena) · Johnson Development - 2.68M+/- sq. ft. (Pasadena Industrial District) · Port Crossing - 3.5M+/- sq. ft. (La Porte) Over 11.59M+/- sq. ft. currently in development Foreign-Trade Zone Proposal · Develop a Foreign-Trade Zone agreement that provides an exemption that matches the incentives within the Industrial District agreement. · Create a provision within the Foreign-Trade Zone agreement that allows the exemption to remain consistent with the I ndustrial District. Indirect Benefits to the City of La Porte Estimated New Jobs Created Estimated New Indirect Jobs Supported by Direct Jobs Estimated Total New Jobs Created Estimated Percent of New Workers Living in the City Estimated Average Income Per New Job Created* Estimated Total Income Created with New Development Estimated Total Income Created with New Development for Employees in the City *Assumes Average pay of $12.00/per hour (Source: TEDC) Year 1 Year 2 Year 3 Year 4 Year 5 200 400 650 900 1,500 300 600 975 1,350 2,250 500 1 000 1 625 2,250 3,750 40.00% 40.00% 40.00% 40.00% 40.00% $24,960 $24,960 $24,960 $24,960 $24,960 $12,480,000 $24,960,000 $40,560,000 $56,160,000 $93,600,000 $4,992,000 $9,984,000 $16,224,000 $22,464,000 $37,440,000 Tax Analysis for the City of La Porte - 470/0 Exemption 2006 2007 2008 2009 2010 2011 Estimated Taxable Domestic Inventory $4,000,000 $12,000,000 $24,500,000 $29,500,000 $29,500,000 $29,500,000 Estimated Total Investment in Building & Eauipment $132,000,000 $172,000,000 $212,000,000 $291,000,000 $291,000,000 $291,000,000 Estimated Total Value of Propertv $27,642,700 $27,642,700 $27,642,700 $27,642,700 $27,642,700 $27,642,700 Real Property Tax Rate. City of La Porte I nventory Percent Qualifying for FTZ Inventory Percent not Qualifying for FTZ Exemption Payment to the City 0.71% 60.00% 40.00% 53.00% Estimated Total Revenue to the City of La Porte $1,153,854 $1,478,637 $1,826,359 $2,412,748 $2,412,748 $2,412,748 Estimated Total FTZ Exemption $8,009 $24,026 $49,054 $59,065 $59,065 $59,065 Closing · The benefits that a Foreign-Trade Zone incentive will provide to the City of La Porte include: - High quality industrial park tenants - New employment opportunities - Additional local economic development . The overall revenue difference to the City of La Porte is a difference of only $59,000 per year.