Discussion and possible action to enter into a Tax Abatement Agreement, pursuant to Webb County’s Guidelines and Criteria under the Property Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code, as requested by Corvus Solar, LLC, for approximately $200,000,000 in improvements related to the generation of electricity using solar panels for a ten year period and being a 100% tax ab

Staff Report & Agenda Item Details

Discussion and possible action to enter into a Tax Abatement Agreement, pursuant to Webb County’s Guidelines and Criteria under the Property Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code, as requested by Corvus Solar, LLC, for approximately $200,000,000 in improvements related to the generation of electricity using solar panels for a ten year period and being a 100% tax abatement of ad valorem taxes (maintenance and operation only), with payments in lieu of taxes (pilot payments) to be made annually to Webb County and any matters incident thereto; authorizing the County Judge to sign all relevant documents. [Requested by Corvus Solar LLC /No effect on current county budget]

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 9.2/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).