Commissioners Court Meeting
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Meeting Date:
12/14/2020
Approving and authorizing a tax abatement agreement with Corazon Solar
Submitted for:
Nathan Bratton
Submitted By:
Nathan Bratton
Department:
Civil Legal Division
Subject:
Discussion and possible action to enter into a tax abatement agreement with Corazon Solar, L.L.C. for a 200 Megawatt solar power project in Webb County, for a ten year period 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.
Background:
Corazon LLC had submitted an application to the County for a 10 year 100% tax abatement on a 400 Megawatt solar power project. During discussion, Corazon reduced the size of the power project to 200 Megawatts.
Previous Court Action:
Fiscal Impact
Budget Account Number:
n/a
Funding Source:
n/a
Balance:
n/a
Financial Impact:
n/a
Attachments
Corazon Tax Abatement Agreement
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