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Beaumont council authorizes filing to claim $1.27 million federal tax incentive for Tesla battery at wastewater plant
Summary
The Beaumont City Council voted unanimously Nov. 13 to authorize the city manager to sign IRS forms to claim a $1,265,679.76 federal tax incentive tied to Tesla’s battery installation at the city wastewater treatment plant after a closed-session briefing about threatened litigation by Corporate Credit Inc.
The Beaumont City Council unanimously authorized the city manager on Nov. 13 to execute federal tax forms to claim a $1,265,679.76 tax incentive connected to Tesla’s battery system at the city wastewater treatment plant.
City staff had briefed the council in closed session beforehand on a threatened lawsuit from Corporate Credit Inc. (CCI) related to rights to the project’s incentives. “The Brown Act also requires that we make a record of the threat of litigation,” city staff said when reading the closed-session item, citing…
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