Reorganization of Foreign-Trade Zone 123 Under Alternative Site Framework; Denver, Colorado

<NOTICE> DEPARTMENT OF COMMERCE <SUBAGY>Foreign-Trade Zones Board</SUBAGY> <DEPDOC>[Order No. 2171]</DEPDOC> <SUBJECT>Reorganization of Foreign-Trade Zone 123 Under Alternative Site Framework; Denver, Colorado</SUBJECT> 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 <E T="04">Federal Register</E> (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 <E T="03">bona fide</E> customs purpose within three years from the month of approval. <SIG> <DATED>Dated: November 25, 2024.</DATED> <NAME>Dawn Shackleford,</NAME> Executive Director of Trade Agreements Policy & Negotiations, Alternate Chairman, Foreign-Trade Zones Board. </SIG> <FRDOC>[FR Doc. 2024-28157 Filed 11-29-24; 8:45 am]</FRDOC> </NOTICE>