The court approved a Payment in Lieu of Taxes agreement with Aker BioMarine Manufacturing LLC for a Foreign-Trade Zone site at 1200 Silber Road, Houston, and issued a letter of non-objection to the site's FTZ designation.

What it means for you

Aker BioMarine Manufacturing LLC's facility at 1200 Silber Road in Precinct 4 will operate under a special tax arrangement tied to Foreign-Trade Zone #84 instead of standard property taxes.

Outcome

A motion was made by Commissioner Ellis, seconded by Commissioner Briones, that this item be approved. The motion carried by the following vote: (5-0)

How each member voted

5–0, per the official record.