[Call Meeting to Order]
[00:00:05]TUESDAY, THE 14TH DAY OF FEBRUARY 2023, AND WE'LL GO.
[1. Discussion/Action to approve a tax abatement agreement, pursuant to Chapter 312, Texas Tax Code, that contains the following information: • Name of Property Owner and Applicant: Ardesia Storage Project, LLC. • Name and Location of the Reinvestment Zone: Ardesia Storage Reinvestment Zone #1, located at 29.95389°, -97.665449°, • Nature of Improvements: Construction and maintenance of a battery storage facility with nameplate capacity to store and transmit 100 MW of electricity • Estimated Cost of Improvements: $85,000,000.00]OKAY. WE'LL GO TO DISCUSSION ACTION ITEMS. ITEM ONE DISCUSSION ACTION TO APPROVE A TAX ABATEMENT AGREEMENT PURSUANT TO CHAPTER THREE.
WE'RE ACTUALLY GOING TO TABLE THESE, CHASE RIGHT? I'M GOING TO READ THESE AND THEN TABLE THEM? YES. DISCUSSION ACTION TO APPROVE TAX ABATEMENT AGREEMENT PURSUANT TO CHAPTER 312 TAX CODE THAT CONTAINS THE FOLLOWING INFORMATION PROPERTY OWNER OF APPLICANT ARDESIA NAME AND LOCATION REINVESTMENT ZONE NATURE OF IMPROVEMENTS, CONSTRUCTION AND MAINTENANCE BATTERY STORAGE FACILITY.
AYE. OPPOSED HEARING NONE WE'RE ADJOURNED AT 10:29.
* This transcript was compiled from uncorrected Closed Captioning.