2023-0199
INTRODUCED BY: MATTHEW JEWELL, PARISH PRESIDENT
(DEPARTMENT OF ECONOMIC DEVELOPMENT AND TOURISM)
RESOLUTION NO. ___________
Title
A resolution authorizing the St. Charles Parish Council to approve the Industrial Tax Exemption application for St. Charles Clean Fuels, LLC, Project ID: 20230093-ITE for participation in the Industrial Tax Exemption Program for a potential project in St. Rose, Louisiana.
Body
WHEREAS, Article 7, Section 21(F) of the Louisiana Constitution provides for the Board of Commerce and Industry ("BCI"), with the approval of the Governor, to approve contracts for the exemption of ad valorem taxes of a new manufacturing establishment or an addition to an existing manufacturing establishment, on such terms and conditions as the board, with the approval of the Governor, deems in the best interest of the state; and,
WHEREAS, St. Charles Clean Fuels, LLC applied to participate in the Industrial Tax Exemption Program ("ITEP") and seeks local approval and the Governor's approval for contracts granting exemptions for potential projects at the company's proposed location in St. Rose; and,
WHEREAS, Governor Edwards, through Executive Orders JBE 16-26 and 16-73, has set forth the conditions for his approval of ITEP contracts, and affirmed that those conditions are in the best interest of the State of Louisiana; and,
WHEREAS, the Executive Orders provide that ITEP contracts should be premised upon job and payroll creation and retention at new or expanded manufacturing plants or establishments; and,
WHEREAS, rules promulgated by the Louisiana Department of Economic Development ("LED") and adopted by BCI mandates parameters for ITEP approval and requires local review and potential action or consent by the relevant Parish Council, School Board and Sheriff; and,
WHEREAS, St. Charles Clean Fuels, LLC is requesting "pre-approval" or support of its ITEP application to BCI which is scheduled for consideration at its next meeting on August 23, 2023; an...
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