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Denison council backs formal support letter to help reactivate foreign-trade zone option

3783644 · January 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council voted to authorize the mayor to provide foreign-trade-zone (FTZ) support letters to businesses on request, a nonbinding step meant to simplify future recruitment of international suppliers that may require FTZ status.

The Denison City Council unanimously voted to authorize the mayor to provide foreign-trade-zone support letters to any business in the city on request, a procedural measure intended to ease the city's ability to recruit international suppliers that may seek FTZ status.

Tony Kai, president of the Denison Development Alliance, told the council…

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