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FINANCIAL_SERVICESAPPROVED

City of Texas City Commission Meeting Agenda May 2025

Second Enterprise Zone Nomination for Marathon Approved

City of TexasMARATHON PETROLEUM COMPANY LPMay 21, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Texas City adopted Resolution 2025-057 to provide a second concurrent Texas Enterprise Zone nomination for Marathon Petroleum Company LP. The five-year enterprise project designation, once approved by the State, will support further qualifying investment at the Galveston Bay Refinery.

Contract Details

Vendor

MARATHON PETROLEUM COMPANY LP

Agency

City of Texas, TX

Contract Type

FINANCIAL_SERVICES

Document Date

May 21, 2025

Contract Term

Enterprise project designation effective upon State approval and terminating five years after that date (per Resolution 2025-057)

Renewal Info

This second enterprise project nomination also runs for five years from State designation; extension would require a future nomination.

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