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 Dixie Cullen Interests Inc. 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 9220 Market Street, Houston, Texas in Harris County Precinct 1 and within the Foreign-Trade Zone #84.
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Background and Discussion:
Dixie Cullen Interests Inc. (the "Company"), a Texas company, has applied for designation and/or activation of a 5.471-acre FTZ site within FTZ #84, located at 9220 Market Street, Houston, TX 77029, in Harris County Precinct 1. The site is owned by 9220 Market Street, LLC, and will be operated by the Company.
Dixie Cullen Interests Inc. is specifically designed to provide a well-rounded service package for customers worldwide who need industrial storage, machinery, steel, equipment, products, and material handling. The company's close proximity to the Port of Houston allows it to set up distribution for many international companies that ship their material in by container loads.
For any FTZ application, Harris County requires an applicant to execute a Payment in Lieu of Taxes ("PILOT") Agreement, wherein the applicant commits each year to pay the County and certain of its taxing entities an amount equivalent to 100% of the taxes that would be owed for all FTZ i...
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