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R96-180RESOLUTION R96-,/,~,~ A RESOLUTION OF THE CiTY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, REQUESTING MODIFICATION OF BOUNDARY OF FOREIGN TRADE ZONE #135 TO INCLUDE THE QUANTUM CORPORATE PARK (A 600 ACRE MULTI-USE BUSINESS PARK); AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Boynton Beach, Florida is located in Palm Beach County; and WHEREAS, the Port of Palm Beach District (hereinafter referred to as the Port) was established in 1915 as a political subdivision of the State of Florida having certain powers as further defined in the Port of Palm beach Charter, Chapter 7081, Laws of Florida as further supplemented and amended by special acts of the Laws of Florida; and WHEREAS, the Port is authorized to promote commerce and industry throughout the Port District, Palm Beach County and the Southeast U.S.; and WHEREAS, the Port is the Grantee of Foreign Trade Zone (FTZ) #135, a special commercial designation established by the U.S. Department of Treasury and controlled and operated by the U.S. Customs Office; and WHEREAS, commercial entities that import, can utilize the advantages prescribed under FTZ regulations as established by the Foreign Trade Zone Act of 1934 (amended); and WHEREAS, FTZ #135 was set up to facilitate and incubate businesses that import and manufacture; and WHEREAS, the Port is in the process of extending the boundary lines of FTZ #135 to include the five Enterprise Zones in Palm Beach County, the Port of Palm Beach Cold Storage, Inc., and several commercial sites in Martin County; and WHEREAS, the Port is working with all governmental agencies in Palm Beach County promoting the creation of new jobs, relocations, better tax base and quality of life for the citizens of the Port District and County; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. That the major boundary modification needed to extend FTZ #135 designation to the Quantum Corporate Park will facilitate future relocations to the largest underutilized Corporate Park in the County; and Section 2, That granting FTZ status can only facilitate businesses that import; and that all firms requesting admission into FTZ #135 must be audited by the Port prior to activation status and that not all importers qualify due to limited quantities of volumes they import; and Section 3. That businesses qualifying for FTZ activation must post a Customs Bond to be determined by dollar volume of imports and duties paid; and Section 4, That the Port is agreeable to assist the City in the boundary modifications of FTZ #135 as requesting in this Resolution at no charge to the City of Boynton Beach, Florida; and Section 5. That all individual businesses requesting future activation of FTZ #135 for their individual sites located in the Quantum Corporate Park Will pay a set fee schedule as per Port FTZ Tariff to the Port of Palm beach District; and that these businesses will comply with all Port, Customs, U.S. treasury, Foreign Trade Zone Board (consisting of the Secretary of the Army, Commerce and Treasury), all other federal agencies and regulations governing the establishment, operations and jurisdiction of Section 6. The City Commission of the City of Boynton Beach, Florida desires to improve the qualify of life for its residents, and requests that the Port grant non-activated FTZ #135 status to the Quantum Corporate Park. Section 7. passage. That this Resolution shall become effective immediately upon PASSED AND ADOPTED this /~'day of December, 1996. CITY OF BOYNTON BEACI~ ~A Mayor Vi( Commissioner Commissioner C~i"missioner ATTEST: y Cit~Clerk ' ~"~ (Corporate Seal) Res/Quantum FEZ. 12/10/96