For Immediate Release | Contact |
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December 17, 2008 | Rocky Ferraro 518-453-0850 |
At its regularly scheduled meeting today, the Capital District Regional Planning Commission unanimously approved a revised Zone Tariff establishing new, reduced rates for operators and users of Foreign-Trade Zone #121 at Albany, NY to encourage greater use of Zone procedures which can provide significant cost savings benefits to the Regions importers.
The new rates will take effect January 1, 2009, and represent more than a 50% reduction of overall rates from the previous Zone Tariff. The lowest rate, based on space activated by Customs & Border Protection, falls from $6,000 annually to $1,000, while the highest rate declines from $24,000 to $12,500. Importers of dutiable goods should contact the Planning Commission for additional information.
Operator Fees for All Sites Activated for Warehousing Only | |
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Annual Fee Schedule for Activated Operators with Warehousing Authority | |
Less than 20,000 sq. ft. of Activated Zone Space | $ 1,000 |
20,000 50,000 sq. ft. | $ 2,500 |
>50,000 100,000 sq. ft. | $ 5,000 |
>100,000 250,000 sq. ft. | $ 7,500 |
More than 250,000 sq. ft. | $10,000 |
Includes Traditional General-Purpose Zone, Magnet, Usage-Driven, & Subzone Sites | |
Special Annual Fees for Operators of Non-Activated Usage-Driven & Subzone Sites | |
First Year | $ 0 |
Second Year Forward | $ 2,000 |
Operator Fees for All Sites with Manufacturing Authority | |
Special Annual Fees for Non-Activated Operators with Manufacturing Authority | |
First Year | $ 0 |
Second Year Forward | $ 4,000 |
Annual Fee Schedule for Activated Operators with Manufacturing Authority | |
Less than 20,000 sq. ft. of Activated Zone Space | $ 2,500 |
20,000 50,000 sq. ft. | $ 5,000 |
>50,000 100,000 sq. ft. | $ 7,500 |
>100,000 250,000 sq. ft. | $10,000 |
More than 250,000 sq. ft. | $12,500 |
Includes Traditional General-Purpose Zone, Magnet, Usage-Driven, & Subzone Sites | |
One-Time Administrative Fees* | |
Late Annual Report Information Starting 42 Days Before FTZB Due Date | $100/day |
Grantee Agreement & Activation Fee | $ 1,500 |
Sponsorship of Major Boundary Modification Application | $ 6,000 |
Sponsorship of Scope of Authority Request** | $ 4,000 |
*Administrative Fees do not include any applicable FTZ Board fees or the expense of preparing applications except for Minor Boundary Modification applications. | |
**Scope of Authority may include Manufacturing/Processing Authority, Capacity Increases, Source Changes, Manufacturing Process Changes, etc. | |
Revised 17 Dec 08 Effective 1 Jan 09 |
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The Capital District Regional Planning Commission was established as a regional planning board in 1967, by and for Albany, Rensselaer, Saratoga, and Schenectady counties. It performs a wide range of activities, including comprehensive planning, aviation system planning, economic development planning, human resources planning, and technical assistance and information services for the Region.
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