Minutes April 23, 199183
CITY OF DENTON CITY COUNCIL MINUTES
APRIL 23, 1991
The council convened into the Special Call Session at 5:15 p.m.
in the Civil Defense Room.
PRESENT:
Mayor Castleberry: Mayor
Members Alexander, Ayer,
Trent.
Pro Tem Boyd; Council
Gorton, Hopkins and
ABSENT: None
1. The Council convened into Executive Session to discuss
legal matters (considered action in Kelsoe v. CitE, and
considered action ~n Verhotz v. C!~Z), real estate and
personnel/board appointments (considered appointments to the
Building Code Board, Community Development Block Grant
Committee, the Electrical Code Board, the Historic Landmark
Commission, the Human Services Committee, the Downtown Advisory
Board and the Sign Board of Appeals.)
2. The Council received a report and considered approval
of a formal letter of support for an I35W corridor foreign
trade zone.
L[nda Ratliff, Economic Development Coordinator, stated that
she was ready to respond to any questions the Council might
have.
Council Member Gorton asked what additional benefits a foreign
trade zone would have above and beyond what the Freeport
Amendment gave.
Ratliff responded that the inventory which was exempt under the
foreign trade zone was any inventory which was being exported
or imported. There was no time limit on the inventory. The
Freeport Amendment had a limitation of 175 days and involved
certain types of materials and had qualifications on who owned
the materials. Freeport applied to all inventory which came
into the State and left the State through that company while
the foreign trade zone only applied to that material which had
been imported or would be exported.
Council Member Ayer stated that the proposed foreign trade zone
consisted of four widely separated parcels of land. Was that
permissible,
Ratliff replied that it did not have to be contiguous.
Deputy City Manager Svehla stated that if part of a company.s
business was to import an item or to be a warehouse
distribution center, then they would need to look for an area
which had a foreign trade zone. There might be a small
inventory tax which would be lost but if the trade zone were
not available, the company might not locate in the area.
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City of Denton City Council Minutes
April 23, 1991
Page 2
Council Member Gorton asked if the majority of the zone was
located on the Alliance Airport property.
Tim Ward. Perot Group, indicated that the ma]or portion of the
developable property was in Denton County.
Hopkins motioned. Boyd second to approve a formal letter of
support for an I35W corridor foreign trade zone. On roll vote,
Trent "aye," Alexander "aye.', Hopkins "aye," Gorton "aye.', Ayer
"aye." Boyd "aye," and Mayor Castleberry "aye.,, Motion carried
unanimously.
With no further business, the meeting was adjourned at 6:55 p.m.
3387C
BOB ~-'~-I~E ~"
CITY OF DENTON, TE~