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Brazos County details 2024 incentives compliance; major abatements tied to RELLIS, Honeywell and America's Foundry
Summary
Brazos County on Oct. 28 received its tax year 2024 incentives compliance report, which summarized active tax-incentive agreements and their compliance status and outlined large, multi-year abatements the county has approved or is monitoring.
Brazos County on Oct. 28 received its tax year 2024 incentives compliance report, which summarized active tax-incentive agreements and their compliance status and outlined large, multi-year abatements the county has approved or is monitoring.
Kimberly Gonzales, Brazos County economic development coordinator, told the commissioners the county currently administers three types of incentives: Chapter 381 rebate agreements, Chapter 312 property tax abatements and tax increment reinvestment zones (TIRZ/TIF). She said the county has six active Chapter 381 agreements, three active Chapter 312 agreements and two active TIRZ/TIFs.
Gonzales said Chapter 381 agreements include Adam Corporation (Oakmont Subdivision), College Station Science Park (now Providence Park at Research Valley), Lawson Properties (which leases to CC Creations and EVAPCO) and others; two of the 381 agreements are…
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