Notice2024-28157
Reorganization of Foreign-Trade Zone 123 Under Alternative Site Framework; Denver, Colorado
Primary source
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Published
December 2, 2024
Issuing agencies
Commerce DepartmentForeign-Trade Zones Board
Full Text
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<title>Federal Register, Volume 89 Issue 231 (Monday, December 2, 2024)</title>
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[Federal Register Volume 89, Number 231 (Monday, December 2, 2024)]
[Notices]
[Page 95174]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-28157]
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DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
[Order No. 2171]
Reorganization of Foreign-Trade Zone 123 Under Alternative Site
Framework; Denver, Colorado
Pursuant to its authority under the Foreign-Trade Zones Act of June
18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board
(the Board) adopts the following Order:
Whereas, the Foreign-Trade Zones (FTZ) Act provides for ``. . . the
establishment . . . of foreign-trade zones in ports of entry of the
United States, to expedite and encourage foreign commerce, and for
other purposes,'' and authorizes the Board to grant to qualified
corporations the privilege of establishing foreign-trade zones in or
adjacent to U.S. Customs and Border Protection ports of entry;
Whereas, the Board adopted the alternative site framework (ASF) (15
CFR 400.2(c)) as an option for the establishment or reorganization of
zones;
Whereas, the World Trade Center Denver, grantee of Foreign-Trade
Zone 123, submitted an application to the Board (FTZ Docket B-16-2024,
docketed April 18, 2024) for authority to reorganize under the ASF with
a service area of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert,
and Morgan Counties and a portion of Larimer and Weld Counties,
Colorado, in and adjacent to the Denver Customs and Border Protection
port of entry, FTZ 123's existing Sites 3 and 4 would be categorized as
magnet sites, and existing Site 7 would be categorized as a usage-
driven site;
Whereas, notice inviting public comment was given in the Federal
Register (89 FR 31132-31133, April 24, 2024) and the application has
been processed pursuant to the FTZ Act and the Board's regulations;
and,
Whereas, the Board adopts the findings and recommendations of the
examiners' report, and finds that the requirements of the FTZ Act and
the Board's regulations are satisfied;
Now, therefore, the Board hereby orders:
The application to reorganize FTZ 123 under the ASF is approved,
subject to the FTZ Act and the Board's regulations, including section
400.13, to the Board's standard 2,000-acre activation limit for the
zone, to an ASF sunset provision for magnet sites that would terminate
authority for Sites 3 and 4 if not activated within five years from the
month of approval, and to an ASF sunset provision for usage-driven
sites that would terminate authority for Site 7 if no foreign-status
merchandise is admitted for a bona fide customs purpose within three
years from the month of approval.
Dated: November 25, 2024.
Dawn Shackleford,
Executive Director of Trade Agreements Policy & Negotiations, Alternate
Chairman, Foreign-Trade Zones Board.
[FR Doc. 2024-28157 Filed 11-29-24; 8:45 am]
BILLING CODE 3510-DS-P
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