Commissioners Court Meeting

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Meeting Date:	06/12/2023
Tax Abatement Agreement Hecate Energy Outpost 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 Hecate Energy Outpost Solar, LLC, for approximately $560,000,000 in improvements related to 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, and authorizing the County Judge to sign all relevant documents. The property subject to the abatement agreement is located approximately 24 miles from Laredo in North Eastern Webb County east of Interstate 35 within the Hecate Energy Outpost Solar Reinvestment Zone.

Background:

Reinvestment zone was authorized and created by the Commissioners Court.

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
PILOT is $1,341 Per MW AC of Nameplate Generating Capacity.

Attachments
Hecate Outpost Solar Tax Abatement
Site Description Hecate Outpost Solar