From: James Quin

Sent: Tuesday, December 06, 2011 11:35 AM

To: Liz Kennedy

Subject: FW: Council Agenda Item: Goods-In-Transit Exemption

Attachments: Goods In Transit Exemption.doc; Super Freeport Ordinance.docx

Agenda Item Number 6 with attachments.

From: Matthew Shaffstall
Sent: Monday, November 28, 2011 10:32 AM
To: James Quin
Subject: Council Agenda Item: Goods-In-Transit Exemption

Mr. Quin,

Attached are the staff memo, Ordinance, and draft agenda language for the City to opt out the Goods-In-Transit/Super Freeport exemption at the Tuesday, December 13, 2011 City Council Meeting.  The notice for the public hearing is set for publication in the November 29, 2011 Star Telegram.

HOLD PUBLIC HEARING TO RECIVE PUBLIC INPUT ON OPTING OUT OF THE “GOODS-IN-TRANSIT” EXEMPTION – Hold a public hearing to receive public comment on amending the Richland Hills City Code by adding a new section 78-64 “Goods In Transit”, providing for the ad valorem taxation of tangible personal property in transit or “Super Freeport” goods pursuant to section 11.253 of the Texas Tax Code, for Tax Year 2012 and for every year thereafter;

A. OPEN PUBLIC HEARING

B. CLOSE PUBLIC HEARING

APPROVE ORIDANCE OPTING OUT OF “GOODS-IN-TRANSIT” EXEMPTION – Discuss and consider approval of an ordinance amending the Richland Hills City Code by adding a new section 78-64 “Goods In Transit”, providing for the ad valorem taxation of tangible personal property in transit or “Super Freeport” goods pursuant to section 11.253 of the Texas Tax Code, for Tax Year 2012 and for every year thereafter; and providing for this ordinance to take immediate effect.

Matt Shaffstall

Economic Development Specialist

City of Richland Hills

(817) 299-1845