HomeMy WebLinkAboutResolution 3740-05-2009A Resolution
NO 3740-05-2009
NOMINATING ATC LOGISTICS AND ELECTRONICS, INC ,
FOR AN ENTERPRISE PROJECT ASSIGNMENT PURSUANT TO
THE TEXAS ENTERPRISE ZONE ACT, CHAPTER 2303,
TEXAS GOVERNMENT CODE
WHEREAS, the City Council of the City of Fort Worth (the `City") has previously passed
Ordinance No 15733 electing to participate m the Texas Enterprise Zone Program, and the local
incentives offered under this Resolution are the same on this date as those outlined m Ordinance No
15733 and
WHEREAS, the Office of the Governor Economic Development and Tourism, through the
Economic Development Bank, approved the designation of ATC Logistics and Electromcs, LP as an
enterprise project (number EP572 120105-FW) effective as of December 1 2005 until December 1
2010• and
WHEREAS, the City has been notified that ATC Logisrics and Electromcs, LP has merged
with ATCLE 3PL Corporation and is now known as ATC .Logistics and Electromcs, Inc. and
WHEREAS pursuant to Chapter 2303 Subchapter F of the Texas Enterprise Zone Act, Texas
Government Code (the Act"), the City finds that ATC Logistics and Electromcs, Inc., maintains its core
functions as outlined m the apphcahon submitted by and approved for ATC Logistics and Electromcs,
LP and that it still meets the criteria for designation as an enterprise project under Chapter 2303
Subchapter F of the Act on the following grounds
1 ATC Logistics and Electromcs, Inc., is a qualified business" under Section 2303 402 of the Act
and is engaged in the active conduct of a trade or business at a qualified business site wrthm the
governing body's jurisdiction located outside of an enterprise zone and at least thirty five percent (35%)
of the business s new employees are residents of an enterprise zone or econornically disadvantaged
individuals, 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 continued designation of ATC Logistics and Electronics, Inc., as an enterprise project will
contribute significantly to the achievement of the plans of the City for development and revitalization
of the area, and
ORT WORT
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RESOLUTION NO 3740-05-2009
WHEREAS, the City finds that ATC Logistics and Electronics, Inc is m full operation at 13500
Independence Parkway and 13550 Independence Parkway Fort Worth, Texas, 76177 both of which addresses
comprise the same facility and should be credited as outlined by the Enterpnse Zone Program, and
WHEREAS, the City finds that it is m the best Interest of the City to continue support ATC Logistics and
Electronics, Inc as an enterpnse project pursuant to the Act.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS, THAT
1 The findings of the City and its actions approving this resolution taken at the Council meeting are hereby
approved and adopted.
2. ATC Logistics and Electronics, Inc., is a qualified business, as defined m Section 2303 402 of the Act,
and meets the critena for the continued designation as an enterpnse project, as set forth m Section 2303,
Subchapter F of the Act.
3. Designation of this enterpnse project took effect on December 1 2005 and will expire on December 1
2010
Adopted this 19th day of May 2009
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APPROVED
CITY CO~f~C1L
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ORT WORT
MAY 1 9 2009
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City Secretary of the
City of Fort Vlf~rth, ~'exas
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City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL;ACTION: Approved on 5/19L2009 -Res. Na'3740-05-.2009
DATE Tuesday May 19 2009
LOG NAME 17ATC-RES
REFERENCE NO G-16570
SUBJECT
Adopt a Resolution Nominating ATC Logistics and Electronics Inc for an Enterprise Project Assignment
Pursuant to the Texas Enterprise Zone Act, Chapter 2303 of the Texas Government Code
RECOMMENDATION
It is recommended that the City Council adopt the attached Resolution nominating ATC Logistics and
Electronics Inc for an Enterprise Project assignment pursuant to the Texas Enterprise Zone Act, Chapter
2303 Texas Government Code
DISCUSSION
The City Council previously adopted Ordinance No 15733 (M&C G-14137) electing to participate in the
Texas Enterprise Zone Program The Economic Development and Tourism division of the Office of the
Governor through the Economic Development Bank, approved the designation of ATC Logistics and
Electronics LP as an enterprise project (number EP572 120105-FW) effective December 1 2005 until
December 1 2010
ATC Logistics and Electronics LP has notified the City of its merger with ATCLE 3PL Corporation and is
now ATC Logistics and Electronics Inc (ATC)
ATC is located in a facility at 13500 Independence Parkway and 13550 Independence Parkway and will
continue to maintain its core functions as a logistics company as outlined in its previous application for
designation as an enterprise project and still meets the criteria for designation as an enterprise project
under State law As an enterprise project, ATC is eligible for State benefits afforded it by State law and the
City's ordinance electing to participate in the Texas Enterprise Zone Program (Ordinance No 15733)
ATC's facility is located in COUNCIL DISTRICT 2
FISCAL INFORMATION /CERTIFICATION
The Financial Management Services Director certifies that this action will have no material effect on City
funds
FUND CENTERS
TO Fund/Account/Centers
FROM Fund/Account/Centers
CERTIFICATIONS
Submitted for City Manager's Office by,
Originating Department Head.
Thomas Higgins (6192)
Jay Chapa (5804)
Logname• 17ATC RES Page 1 of 2
Ardina Washington (8003)
Additional Information Contact: Ana Montanez (2661)
Logname 17ATC RES Page 2 of 2