2025-0307
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 W.R. Grace & Co. Project ID: 20230486-ITE for participation in the Industrial Tax Exemption Program for expansion and safety improvements at W.R. Grace in Norco, 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, former Governor Edwards, through Executive Orders JBE 16-26 and 16-73, has set forth the conditions for the Governor's approval of ITE contracts for which advance notifications were filed after June 14, 2016, and, affirmed that those conditions are in the best interest of the State of Louisiana; and,
WHEREAS, the above-referenced Executive Orders provide that ITE contracts should be premised upon job and payroll creation and retention at new or expanded manufacturing plants or establishments; and,
WHEREAS, the 2018 rules, Title 13, Ch. 5, Section 501 et seq., promulgated by the Louisiana Department of Economic Development (LED), Office of Business Development, and approved by the BCI, mandates parameters for ITE approval and requires local review and potential action or consent by the relevant Parish Council, School Board and Sheriff; and,
WHEREAS, per 2024 Emergency Rules, Title 13, Part I, Chapter 5, Subchapter B, the parameters set forth by the 2018 rules apply to all projects with advance notice filed with the LED after June 14, 2016 and before February 20, 2024; and,
WHEREAS, W.R. ...
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