Consider and/or act upon Recurrent Energy: Maplewood, LLC Application for Tax Abatement. John Pitts was in attendance as the representative for Recurrent Energy: Maplewood, LLC. Doug May was also present to answer questions. > On August 19, 2014 a tax abatement was granted to RE Palmwood LLC. The rights and obligations of RE Palmwood LLC have been assigned to and assumed by a related entity, RE Maplewood LLC. The application is for an amended and restated tax abatement. The $1,000 application fee has been received. The abatement begins the first day of January 2019 and ends in 10 full calendar years. The District has set a limitation value of FIFTY MILLION DOLLARS ($50,000,000) on all projects to be considered for a tax abatement; meaning that only that value exceeding the limitation value will be considered as eligible for a tax abatement. > The abatement is 80% abated and 20% taxed. > Upon the expiration of the 10" Calendar Year of the Term of Abatement, 100% of the Certified Appraised Value of the property is subject to taxation. > Mr. Pitts reported the site is located at 1901 Co-Op Rd, 12 miles South of McCamey. It is a 30 year operation. The proposed site will be a solar photovoltaic facility designed to generate electricity. The facility is located on approximately 1,500 acres of usable property, and the anticipated generating capacity is 100MWac. VVv v Janet Groth made a motion to accept the application. Seconded by Alvaro Mandujano, Jr. Motion was unanimous.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 4.9/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.