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RE 2003-09-09.2 RESOLUTION NO. 2003-0909.2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, ADOPTING A POLICY FOR FOREIGN TRADE ZONES WITHIN THE CITY OF COPPELL AND AUTHORIZING THE MAYOR TO EXECUTE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, enhancement of the local economy through international business and development is in the best interest of the citizens of the City of Coppell, Texas; and WHEREAS, the adoption of policy guidelines for economic development incentives such as the establishment of foreign trade zone status within the City of Coppell may encourage the enhancement of the economy; and WHEREAS, the City of Coppell has determined that the attached Exhibit "A" is a proper and adequate policy for foreign investment under such law; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS: SECTION 1. That the City Council of the City of Coppell hereby adopts and publishes the policy for foreign trade zones, which is attached hereto and incorporated herein as Exhibit "A", and that the Mayor is hereby authorized to execute the resolution providing for such adoption. SECTION 2. That all provisions of the resolutions of the City of Coppell, Texas, in conflict with the provisions of this Resolution, except as noted herein, be, and the same are hereby, repealed, and all other provisions not in conflict with the provisions of this Resolution shall remain in full force and effect. SECTION 3. That should any word, phrase, paragraph, or section of this Resolution be held to be unconstitutional, illegal or invalid, the same shall not affect the validity of this Resolution as a whole, or any part or provision thereof other than the part so decided to be unconstitutional, illegal or invalid, and shall not affect the validity of the Resolution as a whole. SECTION 4. That this Resolution shall take effect immediately from and after its passage as the law and charter in such cases provide. 1 58747 the DULY PASSED and approved by the City Council of the City of Coppell, Texas, on this ,~_J~ day of~9~~,~003. AP D: OR ATTEST: LIBBY BAL~ITY SECRETARY ~ROBERT E. H3_G~CITY ATTORNEY (REH/cdb ~IY3) (58747)