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AI- 8926   4. A. 2.    
Commissioners Court - Regular
Meeting Date: 11/29/2017  
Order and Abatement Agreement - Epic Y-Grade Logistics, LLC
Submitted By: Tyner Little, Commissioners Court Admin
Department: Commissioners Court Admin  

Information
RECOMMENDATION
Discuss and consider adopting an Order authorizing the execution of an Agreement with Epic Y-Grade Logistics, LP, providing for a Temporary Tax Abatement, pursuant to Chapter 312 of the Texas Tax Code.
BACKGROUND
The abatement agreement provides for a 100% tax abatement during construction (not to exceed 3 years).  The agreement provides for a 50% tax abatement over five (5) years.  The project is valued at $200 million and contemplates 10 permanent positions.
DISCUSSION

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
Application for Incentives - Epic
Resolution on Agreement
Abatement Agreement - Epic

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