Legislation Details

File #: 24-6137    Version: 1 Name:
Type: Financial Authorization Status: Passed
File created: 9/24/2024 In control: Commissioners Court
On agenda: 10/8/2024 Final action: 10/8/2024
Title: Request for approval of a Payment in Lieu of Taxes Agreement ("PILOT Agreement") between Harris County (on behalf of itself, Flood Control District and Hospital District) and Edgen Murray Corporation with respect to its application for a Foreign-Trade Zone (FTZ) site and issuance of a Letter of Non-Objection to the designation and/or activation of the proposed FTZ site located at 8445 Miller Rd 2, Houston, Texas in Harris County Precinct 1 and within the Foreign-Trade Zone #84.
Department: Economic Equity and Opportunity
Department Head/Elected Official: Estella Gonzalez, Executive Director

Regular or Supplemental RCA: Regular RCA

Type of Request: Financial Authorization

Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A

MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request

Request Summary (Agenda Caption):
title
Request for approval of a Payment in Lieu of Taxes Agreement ("PILOT Agreement") between Harris County (on behalf of itself, Flood Control District and Hospital District) and Edgen Murray Corporation with respect to its application for a Foreign-Trade Zone (FTZ) site and issuance of a Letter of Non-Objection to the designation and/or activation of the proposed FTZ site located at 8445 Miller Rd 2, Houston, Texas in Harris County Precinct 1 and within the Foreign-Trade Zone #84.
end

Background and Discussion:
Edgen Murray Corporation (the "Company"), a Nevada company, has applied for designation and/or activation of a 4.2439-acre FTZ site within FTZ #84 and located at 8445 Miller Rd 2, Houston, TX 77049, in Harris County Precinct 1. The site is owned by Pescador Partners, Ltd. and will be operated by the Company.

Edgen Murray Corporation is a leading supplier of quality PVF products for the energy and infrastructure market. They manage procurement, provide value-added services, and deliver high-performance pipes, valves, fittings, and related components through their distribution network. The Company carries a full range of commodity-grade to highly specialized carbon pipe and fittings produced by top mills and manufacturers for both process and structural applications. They offer a wide selection of coated materials and piling solutions to meet customer-specific requirements and leverage their relationships with vendors across the globe to create value for their custome...

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