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Clear Creek ISD approves tax-equivalency agreement and non‑opposition letter for Argos FTZ site
Summary
The board approved a tax-equivalency and contribution agreement and a letter of non-opposition to support Argos Global Partner Services' application to designate 9311 Bay Area Boulevard as a usage-driven site in Foreign Trade Zone No. 84; the district will be invoiced annually on inventory valuation as a payment-in-lieu arrangement.
The Clear Creek ISD Board of Trustees voted to approve a foreign-trade-zone (FTZ) tax-equivalency and contribution agreement and authorized a letter of non-opposition for Argos Global Partner Services’ application to designate property at 9311 Bay Area Boulevard as an FTZ usage-driven site within Foreign Trade Zone No. 84.
Miss Ginzai (district staff) explained…
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