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File #: 25-701   
Status: Agenda Ready
In control: County Commission
Agenda Date: 5/20/2025 Final action: 5/20/2025
Title: MOTION TO DISCUSS County's Foreign Trade Zones and opportunities to enhance use of Foreign Trade Zones as tools for economic development. (Commissioner Rogers)
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Broward County Commission Regular Meeting                               

Director's Name:                     Hazelle P. Rogers 

Department:                                           County Commission 

 

Information

Requested Action

title

MOTION TO DISCUSS County’s Foreign Trade Zones and opportunities to enhance use of Foreign Trade Zones as tools for economic development. (Commissioner Rogers)

 

body

Why Action is Necessary

Necessary to permit the referenced Board discussion.

 

What Action Accomplishes

Facilitates a Board discussion on the County’s strategy and coordination related to Foreign Trade Zones.

 

Goal Related Icon(s)

County Commission

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MAP Broward

 

Previous Action Taken

 

 

Summary Explanation/Background

Foreign Trade Zones (FTZs) are federally designated areas that offer customs and tax-related benefits to promote international trade and investment. These zones can enhance the competitiveness of local businesses, attract new industries, and support regional job growth.  Broward County has two foreign trade zones, FTZ No. 25 Port Everglades and FTZ No. 241 City of Fort Lauderdale Executive Airport (FXE).

 

This item provides an opportunity for the Board to discuss the current status of FTZs in Broward County and explore how the County can more effectively engage with FTZ stakeholders to maximize their economic potential.

 

Source of Additional Information

Dwight Hinkson, Executive Administrator, 954-357-7009

 

Fiscal Impact

Fiscal Impact/Cost Summary

None.