HomeMy WebLinkAbout10-13-22-8.11 - Resolution - 10/13/2022RESOLUTION NO. 10-13-22-8.11
NOMINATING FUJIFILM DIOSYNTH BIOTECHNOLOGIES TEXAS, LLC FOR
TEXAS ENTERPRISE ZONE PROGRAM STATUS THROUGH THE OFFICE OF THE
GOVERNOR, ECONOMIC DEVELOPMENT BANK; RESOLVING THAT FUJIFILM
DIOSYNTH BIOTECHNOLOGIES TEXAS, LLC IS A ‘QUALIFIED BUSINESS’ AS
DEFINED IN SECTION 2303.402 OF THE ACT AND MEETS THE CRITERIA FOR
DESIGNATION AS A DOUBLE JUMBO ENTERPRISE PROJECT, AS SET FORTH IN
SECTION 2303, SUBCHAPTER F OF THE ACT; AND FURTHER ESTABLISHING
THAT THE ENTERPRISE PROJECT SHALL TAKE EFFECT ON THE DATE OF
DESIGNATION OF THE ENTERPRISE PROJECT BY THE OFFICE OF THE
GOVERNOR (AGENCY) AND TERMINATE ON THE DATE ESTABLISHED BY THE
AGENCY.
WHEREAS, the City of College Station has previously passed on February 26, 2009 Ordinance
No. 2009-3168 electing to participate in the Texas Enterprise Zone Program, and the local
incentives offered under this resolution are the same now as were stated in Ordinance No. 2009-
3168; and
WHEREAS, the Office of the Governor Economic Development and Tourism through the
Economic Development Bank will consider FUJIFILM DIOSYNTH BIOTECHNOLOGIES
TEXAS, LLC as an enterprise project pursuant to a nomination and an application made by the
City of College Station; and
WHEREAS, the City desires to pursue the creation of the proper economic and social environment
in order to induce the investment of private resources in productive business enterprises located in
the City of College Station and to provide employment to residents of enterprise zones and to other
economically disadvantaged individuals; and
WHEREAS, pursuant to Government Code Chapter 2303, Subchapter F of the Texas Enterprise
Zone Act, (Act), FUJIFILM DIOSYNTH BIOTECHNOLOGIES TEXAS, LLC has applied
to the City of College Station for designation as a Double Jumbo enterprise project; and
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION,
TEXAS:
PART 1: That City of College Station finds that FUJIFILM DIOSYNTH
BIOTECHNOLOGIES TEXAS, LLC is a “qualified business”, as defined in
Section 2303.402 of the Act, and meets the criteria for designation as an enterprise
project, as set forth in Section 2303, Subchapter F of the Act since it will be engaged
in the active conduct of a trade or business at a qualified business site within the
City of College Station’s jurisdiction located outside of an enterprise zone and at
least thirty-five percent (35.0%) of its new employees will be residents of an
enterprise zone, economically disadvantaged individuals, or veterans.
Resolution No. 10-13-22-8.11
Fujifilm Diosynth Biotechnologies Page 2 of 2
PART 2: The City of College Station finds that FUJIFILM DIOSYNTH
BIOTECHNOLOGIES TEXAS, LLC meets the criteria for tax relief and other
incentives adopted by the City of College Station and nominates FUJIFILM
DIOSYNTH BIOTECHNOLOGIES TEXAS, LLC for an enterprise project
status on the grounds that it will be located at the qualified business site, will create
a higher level of employment, economic activity and stability.
PART 3: The City of College Station finds that it is in the best interest of the City to nominate
FUJIFILM DIOSYNTH BIOTECHNOLOGIES TEXAS, LLC as a Double
Jumbo enterprise project pursuant to the Act.
PART 4: The Enterprise Project shall take effect on the date of designation of the enterprise
project by the Agency or by December 1, 2022 and terminate on the date established
by the Agency or by December 1, 2027.
ADOPTED this day of 13th October, 2022
ATTEST: APPROVED:
City Secretary Mayor
APPROVED:
City Attorney