St. Charles Parish - File #: 2023-0124

• File #: 2023-0124
• Version: 1
• Name: Agreement by and between Diamond Green Diesel, LLC to support the expansion of Foreign Trade Subzone 124 A to include Diamond Green Diesel operations at the IMTT Terminal in St. Rose, Louisiana
• Type: Ordinance
• Status: Enacted
• File created: 5/22/2023
• In control: Parish Council
• On agenda: 6/5/2023
• Final action: 6/5/2023
• Enactment #: 23-6-3
• Title: An ordinance approving and authorizing the execution of an Agreement by and between Diamond Green Diesel, LLC, St. Charles Parish, St. Charles Parish School Board, St. Charles Parish Law Enforcement District, St. Charles Parish Assessment District, Hospital Service District No. 1 of the Parish of St. Charles, Louisiana, and Pontchartrain Levee District to support the expansion of Foreign Trade Subzone 124 A to include Diamond Green Diesel operations at the IMTT Terminal in St. Rose, Louisiana.
• Sponsors: Matthew Jewell
• Indexes: Economic Dev. and Tourism (Dept. of), Industrial Area (IMTT), Taxes, TransAmerican/Orion/Valero

Date	Ver.	Action By	Action	Result
6/6/2023	1	Parish President	Approved by the Par. Pres.
6/5/2023	1	Parish Council	Public Hearing Requirements Satisfied
6/5/2023	1	Parish Council	Approved	Pass
5/22/2023	1	Parish Council	Publish/Scheduled for Public Hearing
5/22/2023	1	Parish President	Introduced

2023-0124
INTRODUCED BY: MATTHEW JEWELL, PARISH PRESIDENT
ORDINANCE NO. __________
Title
An ordinance approving and authorizing the execution of an Agreement by and between Diamond Green Diesel, LLC, St. Charles Parish, St. Charles Parish School Board, St. Charles Parish Law Enforcement District, St. Charles Parish Assessment District, Hospital Service District No. 1 of the Parish of St. Charles, Louisiana, and Pontchartrain Levee District to support the expansion of Foreign Trade Subzone 124 A to include Diamond Green Diesel operations at the IMTT Terminal in St. Rose, Louisiana.
Body
WHEREAS, Valero Refining - New Orleans, LLC (VRNO), is the current user of Foreign Trade Subzone 124 A located in St. Charles Parish, Louisiana, where VRNO operates a petroleum refinery; and,
WHEREAS, Diamond Green Diesel, LLC (DGD), is in the business of manufacturing renewable fuels, and seeks to expand Subzone 124 A to accommodate the operation of the DGD renewable fuels business under Foreign Trade Zone procedures, to include tankage dedicated to DGD at the International - Matex Tank Terminals, LLC (IMTT) St. Rose Terminal to the Subzone's boundaries; and,
WHEREAS, support of St. Charles Parish is needed to move forward with the expansion of Subzone 124 A operations to include DGD; and
WHEREAS, the Foreign Trade Zone Act of 1934 exempts inventory from local ad valorem taxation; and,
WHEREAS, St. Charles Parish has agreed to support the expansion of said subzone provided DGD waives application of the local ad valorem tax exemption.
THE ST. CHARLES PARISH COUNCIL HEREBY ORDAINS:
SECTION I. That the Agreement by and between Diamond Green Diesel, LLC, St. Charles Parish, St. Charles Parish School Board, St. Charles Parish Law Enforcement District, St. Charles Parish Assessment District, Hospital Service District No. 1 of the Parish of St. Charles, Louisiana, and Pontchartrain Levee District to expand Foreign Trade Subzone 124 A is hereby approved.
SECTION II. That th...