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Council approves 10‑year tax abatement with HP Contractors after public hearing
5483314 · July 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Following a public hearing, the council voted to approve a 10‑year city tax abatement for HP Contractors, to replace an earlier five‑year agreement; the abatement begins after the first year of operations following project completion.
After opening and closing a public hearing on July 24, the Pecos City Council approved a 10‑year tax abatement agreement with HP Contractors for development of commercial property on Block 44 of the original Pecos townsite. City staff said the proposed 10‑year agreement would replace a prior five‑year Chapter 380 abatement previously granted and…
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