08 of 2024 - Foreign Trade Zone (FTZ) to World Trade Center Utah (WTC Utah)RESOLUTION NO. 08 OF 2024
A Resolution Authorizing the Foreign -Trade Zones Board to Transfer Grantee Authority of
Foreign -Trade Zone Number 30 to World Trade Center of Utah
WHEREAS, on June 18, 1934, Congress approved the Foreign -Trade Zones Act "to
provide for the establishment, operation, and maintenance of foreign trade zones in ports of entry
of the United States to expedite and encourage foreign commerce and for other purposes" (the
"Act"); and
WHEREAS, on May 26, 1977, in accordance with the Act and its accompanying
regulations, Salt Lake City Corporation ("City") received approval from the Foreign -Trade
Zones Board to establish, operate, and maintain Foreign -Trade Zone No. 30 in a capacity as
Grantee; and
WHEREAS, pursuant to Resolution No. 28 of 2017, the City created a Service Area for
Foreign -Trade Zone No. 30 under the Alternative Site Framework, to include the Counties of
Davis, Morgan, Salt Lake, Utah, and Weber, and the Cities of Brigham City, Corinne,
Honeyville, Perry, Erda, Grantsville, Lake Point, Mills Junction, Rush Valley, Stansbury Park,
Stockton, Terra, Tooele, Vernon, Heber City, Midway, Coalville, Deer Mountain, Echo, Francis,
Henefer, Kamas, Kimball Junction, Oakley, Park City, Peoa, Samak, Silver Summit, Snyderville,
Wanship, Woodland, and Mantua, consistent with the Act and its accompanying regulations; and
WHEREAS, the purpose of maintaining a Foreign -Trade Zone is to accelerate growth for
local businesses by reducing barriers for trade and investment for companies engaged in business
on an international scale, which is increasingly vital in a global economy; and
WHEREAS, as of January 2024, Foreign -Trade Zone No. 30 includes one active
company; and
WHEREAS, the City desires to see Foreign -Trade Zone No. 30 be more widely accessed
by local businesses throughout Salt Lake City by ensuring that barriers to access, such as the
need for companies to engage costly technical and consultant assistance, are removed; and
WHEREAS, the World Trade Center of Utah has emerged as a potential recipient of the
City's Grantee authority and has demonstrated it has additional resources available that would
enable it to operate and maintain Foreign -Trade Zone No. 30 in accordance with the City's desire
to lower barriers to access for local businesses; and
WHEREAS, the City has determined that a transfer of City's Grantee authority to the
World Trade Center of Utah would promote the City's goals of encouraging the growth and
vitality of Salt Lake City's local business community, particularly for small and medium sized
businesses and those with limited resources, such as minority -owned and underserved
businesses; and
WHEREAS, for the Foreign -Trade Zone Board to effectuate a transfer of the City's
Grantee authority for Foreign -Trade Zone No. 30 to the World Trade Center of Utah, the City
must consent to the transfer.
NOW THEREFORE, BE IT RESOLVED by the City Council of Salt Lake City
Corporation as follows:
1. That Salt Lake City Corporation, Grantee of Foreign -Trade Zone No. 30, is hereby
duly authorized to consent to the transfer of Grantee authority to the World Trade
Center of Utah.
2. The Council hereby authorizes the Mayor or her designee to negotiate and execute
any documents required to effectuate the transfer of Grantee authority, and
incorporating such other documents and agreements as recommended by the City
Attorney's office.
Passed by the City Council of Salt Lake City, Utah this 5th day of March , 2024.
SALT LAKE CITY COUNCIL
Victoria Petro (Mar 18, 202414:35 MDT)
Victoria Petro, Chair
Transmitted to Mayor on
M a r 18, 2024
Mayor's Action: 0 Approved. ❑ Vetoed.
0-p-
CITY RECORDER
(SEAL)
Bill No. 08 of 2024
Published: March 19, 2024
Q.--A -.,A
Erin Mendenha (Mar18,202415:52MDT)
MAYOR
APPROVED AS TO FORM
Salt Lake City Attorney's Office
Date: Mar7, 2024
By: S
Sara Montoya, Senior City Attorney
Resolution 08 of 2024 Foreign Trade Zone To
World Trade Center Utah
Final Audit Report 2024-03-19
Created: 2024-03-07
By: STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com)
Status: Signed
Transaction ID: CBJCHBCAABAAb2Lpw8_9amS_8bgEBQEWIpjGhWFdxe8U
"Resolution 08 of 2024 Foreign Trade Zone To World Trade Cen
ter Utah" History
Document created by STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com)
2024-03-07 - 11:57:10 PM GMT
Document emailed to Sara Montoya (sara.montoya@slcgov.com) for signature
2024-03-08 - 0:00:08 AM GMT
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2024-03-08 - 0:14:27 AM GMT
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Signer victoria.petro@slcgov.com entered name at signing as Victoria Petro
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Signature Date: 2024-03-19 - 1:54:27 AM GMT - Time Source: server
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