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Council accepts annual review finding Hood Packaging and Trane compliant with tax‑abatement agreements
Summary
At its Aug. 27 meeting the council accepted staff’s annual review that found Hood Packaging and Trane met performance requirements for their property‑tax abatement agreements through Dec. 31, 2024, and recommended full abatement percentages as provided in each agreement.
The Tyler City Council on Aug. 27 accepted the annual review of property‑tax abatements for Hood Packaging and Trane, and staff recommended continuing the abatement percentages called for in each company’s agreement. Economic development staff reported the review covered performance through Dec. 31, 2024. The review found Hood Packaging met its…
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