City of San Antonio - File #: 17-3134

• File #: 17-3134
• Type: Procedural
• In control: City Council A Session
• On agenda: 5/18/2017
• Posting Language: Consideration of the following items relating to an Industrial District and related matters with Marmaxx Operating Corp. encompassing approximately 200 acres in the City’s Extraterritorial Jurisdiction out of the Esapada Tract in Southeast Bexar County generally bounded by Loop 410 on the North, the San Antonio River on the East, Goeth Road on the South, and FM 1937 and U.S. Highway 281 South on the West: [Carlos Contreras, Assistant City Manager; Rene Dominguez, Director, Economic Development]
• Related files: 17-3250, 17-3251, 17-3253

Date	Ver.	Action By	Action	Result
5/18/2017	1	City Council A Session	approved	Pass

DEPARTMENT: Economic Development


DEPARTMENT HEAD: Rene Dominguez


COUNCIL DISTRICTS IMPACTED: Extraterritorial Jurisdiction


SUBJECT:

City Council approval of ordinances approving a 15-year Industrial District Non Annexation Agreement (IDA) and Basic Fire Services Agreement (FSA), and nomination of the Marmaxx Operating Corp. (TJX) project site as a State Enterprise Zone Double Jumbo Project.

SUMMARY:

Staff is requesting City Council action on the following items related to the TJX project: A) an ordinance authorizing a 15 year Industrial District Non-Annexation Agreement and associated Fire Service Agreement with TJX; B) a resolution nominating TJX to the Office of the Governor Economic Development and Tourism through the economic development bank for designation as a State Enterprise Zone Double Jumbo Project; C) an ordinance authorizing the negotiation and execution of a conveyance document with TJX for land sufficient for the City's use as a hike and bike trail and trailhead node.

BACKGROUND INFORMATION:

The TJX Companies, Inc., TJX's parent company, operates more than 3,600 stores worldwide under half a dozen retail brand names, including the two largest off-price clothing retailers in the United States: T.J. Maxx and Marshalls, which operate 2,160-plus stores nationwide. T.J. Maxx sells brand-name family apparel, accessories, shoes, domestics, giftware, and jewelry at discount prices, while Marshalls offers similar items plus a broader selection of shoes and menswear through more than 1,000 stores. The TJX HomeGoods chain of 520-plus US stores focuses exclusively on home furnishings. T.K. Maxx is the company's European retail arm with 450-plus stores in the UK, Ireland, Germany, and Poland. The TJX Companies, Inc. and TJX are headquartered in Framingham, Massachusetts (a Boston suburb) and is 89th on the Fortune 500 List with sales of $30.94 billion in 2016. Marmaxx Operating Corp. is an operating company used by The TJX Companies, Inc. to ...