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[Federal Register: December 2, 1996 (Volume 61, Number 232)]
[Page 63822]
From the Federal Register Online via GPO Access []

[[Page 63822]]


[Order No. 855]

Designation of New Grantee for Foreign Trade Zone 126 and
Reissuance of Grant of Authority for Subzone 89A (Porsche) Reno,
Nevada; Resolution and Order

    Pursuant to its authority under the Foreign-Trade Zones Act of June
18, 1934, as amended (19 U.S.C. 81a-81u), and the Foreign-Trade Zones
Board Regulations (15 CFR Part 400), the Foreign-Trade Zones Board (the
Board) adopts the following Order:

    After consideration of requests (FTZ Docket 50-96, filed 6/5/96)
from the Nevada Development Authority, which is grantee of both
Foreign-Trade Zone 89, Las Vegas, Nevada and Foreign-Trade Zone 126,
Reno, Nevada for (1) reissuance of the grant of authority for FTZ
126 to the Economic Development Authority of Western Nevada (EDAWN),
a Nevada non-profit corporation (which has accepted such reissuance
subject to approval of the FTZ Board) and for (2) reissuance of the
subzone grant of authority for the Porsche Cars North America, Inc.
facility in Reno to EDAWN as grantee of FTZ 126, the Board, finding
that the requirements of the Foreign-Trade Zones Act, as amended,
and the Board's regulations are satisfied, and that the proposed
actions are in the public interest, approves both requests,
recognizing the Economic Development Authority of Western Nevada as
the new grantee of Foreign-Trade Zone 126, Reno, Nevada, and of
Subzone 89A, Reno, Nevada, which is hereby redesignated as Subzone
    The approval is subject to the FTZ Act and the FTZ Board's
regulations, including Section 400.28.

    Signed at Washington, DC, this 22nd day of November 1996.
Robert S. LaRussa,
Acting Assistant Secretary of Commerce for Import Administration,
Alternate Chairman, Foreign-Trade Zones Board.
[FR Doc. 96-30624 Filed 11-29-96; 8:45 am]