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Grayson County approves resolution supporting foreign‑trade‑zone consideration for prospective companies
Summary
The commissioners approved a resolution enabling the county judge to provide a foreign‑trade‑zone (FTZ) support letter, a nonbinding step intended to facilitate recruitment of companies that may require FTZ designation; staff said any tax impacts would be evaluated on a company‑by‑company basis and returned to taxing entities for consideration.
Grayson County commissioners on Feb. 11 approved a resolution authorizing the county judge to provide a foreign‑trade‑zone (FTZ) support letter for prospective companies that request FTZ consideration.
The presenter said a national change in FTZ policy now allows zones to be company‑specific rather than tied to a single site such as an airport or industrial park. He told the court the resolution is an initial, nonbinding…
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