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Res 2015-058/nominating Epic Piping, LLC (fka United Weld Operations, LLC) to the Office of the Governor, Economic Development and Tourism, through the Economic Development Bank as an Enterprise Project pursuant to the Texas Enterprise Zone Act, Chapter 2
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Res 2015-058/nominating Epic Piping, LLC (fka United Weld Operations, LLC) to the Office of the Governor, Economic Development and Tourism, through the Economic Development Bank as an Enterprise Project pursuant to the Texas Enterprise Zone Act, Chapter 2
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5/26/2015 3:21:02 PM
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Resolutions
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2015-58
Date
5/19/2015
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RESOLUTION NO. 2015-58R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, NOMINATING EPIC PIPING, LLC (FKA UNITED <br />WELD OPERATIONS, LLC) TO THE OFFICE OF THE GOVERNOR, <br />ECONOMIC DEVELOPMENT AND TOURISM, THROUGH THE <br />ECONOMIC DEVELOPMENT BANK AS AN ENTERPRISE PROJECT <br />PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT, CHAPTER <br />2303, TEXAS GOVERNMENT CODE; DESIGNATING A LIAISON FOR <br />THE COMMUNICATION WITH INTERESTED PARTIES; AND <br />PROVIDING AN EFFECTIVE DATE. <br />RECITALS: <br />WHEREAS, the City of San Marcos ( "City ") has previously passed Ordinance No. <br />2011 -42 electing to participate in the Texas Enterprise Zone Program, and the local incentives <br />offered under this resolution are the same on this date as were outlined in Ordinance No. 2011- <br />42; <br />WHEREAS, the Office of the Governor Economic Development and Tourism (EDC) <br />through the Economic Development Bank (Bank) will consider EPIC PIPING, LLC (fka <br />UNITED WELD OPERATIONS, LLC) as an enterprise project pursuant to a nomination and <br />an application made by the City; <br />WHEREAS, the City desires to pursue the creation of the proper economic and social <br />environment in order to induce the investment of private resources in productive business <br />enterprises located in the City and to provide employment to residents of enterprise zones and to <br />other economically disadvantaged individuals; <br />WHEREAS, pursuant to Chapter 2303, Subchapter F of the Texas Enterprise Zone Act, <br />Texas Government Code (the "Act "), EPIC PIPING, LLC (fka UNITED WELD <br />OPERATIONS, LLC) has applied to the City for designation as an enterprise project; <br />WHEREAS, the City finds that EPIC PIPING, LLC (fka UNITED WELD <br />OPERATIONS, LLC) meets the criteria for designation as an enterprise project under Chapter <br />2303, Subchapter F of the Act on the following grounds: <br />1. EPIC PIPING, LLC (fka UNITED WELD OPERATIONS, LLC) is a <br />"qualified business" under Section 2303.402 of the Act since it will be engaged in the <br />active conduct of a trade or business at a qualified business site located in an enterprise <br />zone and at least twenty -five percent (25.0 %) of the business' new employees will be <br />residents of an enterprise zone or economically disadvantaged individuals; and <br />2. There has been and will continue to be a high level of cooperation <br />between public, private, and neighborhood entities within the area; and <br />
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