Commissioners Court Meeting

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Meeting Date:	09/26/2022
Enter into a tax abatement agreement with Pradera Solar LLC
Submitted for:	Nathan Bratton	Submitted By:	Nathan Bratton
Department:	Civil Legal Division

Subject:

Discussion and possible action to enter into a tax abatement agreement, pursuant to the County's Guidelines and Criteria under the Property Redevelopment and Tax Abatement Act, Chapter 312 of The Texas Tax Code, as requested by Pradera Solar, LLC, for approximately $173,000,000 in improvements related to the generation and storage of electricity utilizing solar panels and batteries 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 other matters incident thereto, and authorizing the county judge to sign all relevant documents.

Background:

Tax abatement agreement for solar project with PILOT to County.

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
PILOT to Webb County

Attachments
Proposed tax abatement agmt Pradera Solar LLC