RESOLUTION NO. RS2000-452

A resolution approving an agreement between the Metropolitan Government and American Logistics International, Inc. for operation of a foreign-trade zone site.

Whereas, federal law provides for the establishment of foreign-trade zones under the jurisdiction of the U.S. Foreign Trade Zones Board (the "Board") to promote economic development by encouraging international trade; and,

Whereas, in 1981 the Board authorized the Metropolitan Port Authority to establish, operate, and maintain Foreign-Trade Zone No. 78 (the "Zone"); and

Whereas, upon the dissolution of the Metropolitan Port Authority by Metropolitan Council Resolution No. RS99-24, the power to establish, operate, and maintain foreign-trade zones and subzones under T.C.A. 7-5-112, passed to the Metropolitan Government; and,

Whereas, the Board has approved the transfer of the Zone to the Metropolitan Government; and

Whereas, Council Ordinance NO. BL2000-496 amended the Metropolitan Code of Laws to add a new Article 6.14 to provide for administration and approval of agreements to operate foreign trade zones and foreign trade subzones; and

Whereas Chapter 6.14.020 of the Metropolitan Code of Laws requires that "Any contractual agreement for the operation and maintenance of a foreign trade zone or foreign trade subzone may be approved by resolution of the Metropolitan Council receiving twenty-one (21) votes"; and

Whereas, American Logistics International, Inc. ("ALI") wishes to operate a foreign-trade zone within the Zone Site and has demonstrated the capability to manage foreign-trade zone activities at the Zone Site; and

Whereas, representatives of the Metropolitan Government and ALI have executed the attached Agreement, allowing ALI to conduct foreign-trade zone activities at the Zone Site; and

Whereas, it is in the best interests of the Metropolitan Government for said Agreement to be executed and that amendments to the Agreement be subject to approval by resolution receiving twenty-one (21) votes; and

Now, therefore, be it enacted by the Council of The Metropolitan Government of Nashville and Davidson County:

Section 1. That the Agreement by and between the Metropolitan Government and American Logistics International, Inc. for foreign-trade zone operations as described therein at the site, as more particularly described in Exhibit A to this Resolution, is hereby approved and the Metropolitan Mayor is hereby authorized to execute the Agreement.

Section 2. Any amendment to the Agreement approved herein may be approved by resolution of the Metropolitan Council receiving twenty-one (21) votes.

Section 3. That this resolution shall take effect from and after its enactment, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.

Sponsored by: Howard Gentry

LEGISLATIVE HISTORY

Referred to: Budget & Finance Committee
Introduced: December 19 , 2000
Adopted: December 19 , 2000
Approved: December 21 , 2000
By: Mayor Bill Purcell