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Meeting Date:	04/08/2024
Usage-driven FTZ designation Minor Boundary Modification Laredo Moving and Storage, Inc.
Submitted for:	Nathan Bratton	Submitted By:	Nathan Bratton
Department:	Civil Legal Division

Subject:

Discussion and possible action to authorize the County Judge to issue a letter of concurrence to the Foreign-Trade Zones Board, U.S. Dept. of Commerce in support of establishing a usage driven FTZ designation (Minor Boundary Modification), City of Laredo Foreign Trade Zone (F.T.Z.) No. 94 for a 5,000 sq/ft portion of the LMS International Warehouse located at 6019 Riverside Drive, Del Mar Industrial Park for Laredo Moving and Storage, Inc. , and any matters incident thereto. [Requested by Laredo Moving and Storage, Inc./City of Laredo]

Background:

A letter of concurrence is required by the Foreign-Trade Zones Board as part of the application before the usage driven FTZ designation can be granted.

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
n/A