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Council approves letter of non-objection for Applied Materials' foreign-trade-zone application
Summary
Council approved a letter of non-objection for Applied Materials' foreign-trade-zone application for Lots 3 and 4 at 3212 East Pecan St.; staff said fiscal impacts to the city would be minor and the company described no change to existing operations.
Council voted to approve a letter of non-objection for Applied Materials' application to include two site lots in a Foreign-Trade Zone administered by the U.S. Department of Commerce.
Ben Ramirez, administrator for Foreign-Trade Zone No. 183, explained the federal FTZ program and introduced an Applied representative who said the company would not substantially change existing operations and that the estimated city fiscal impact was small (staff estimated roughly $13,000 a year). Council moved and carried approval of the letter.
