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Taylor County gives preliminary approval to amended tax-abatement agreements, continues public hearing to Feb. 25
Summary
The county gave preliminary approval to second-amended tax abatement agreements for Lansdowne LLC and Abilene DLC LLC and kept the public hearing open until Feb. 25; the approval is explicitly conditional on the city creating a reinvestment zone and a final county vote on Feb. 25.
Taylor County Commissioners Court gave preliminary approval Feb. (date not specified) to amended tax-abatement agreements for Lansdowne LLC and Abilene DLC LLC but did not finalize or sign the agreements and kept the public hearing open through Feb. 25.
The court’s action, made as a preliminary motion by the County Judge and seconded by Commissioner Burcham, was explicit that no agreement would be binding until the county takes a final recorded vote on Feb. 25 and only if the City creates and approves the reinvestment zone the county’s agreement would rely on. The court also required additional questions raised during public comment be answered before any final approval.
Why it matters: the agreements would amend existing abatements to cover larger investments and could substantially increase annual tax…
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