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Scurry County accepts renewable project tax-abatement application, discusses $1.25M upfront offer and schedules hearing
Summary
The Scurry County Commissioners Court formally accepted a tax-abatement application from a developer represented by Troy Reed of Ernst & Young for a renewable energy project and discussed a developer proposal to structure an approximate $1.25 million upfront payment; the court agreed to consider the matter further and tentatively set January 6 for continued consideration and public hearing scheduling.
The Scurry County Commissioners Court on Nov. 18 accepted a tax-abatement application from a renewable-energy developer and moved toward scheduling a public hearing to consider a tax-payment (abatement) agreement.
Troy Reed, senior property tax manager with Ernst & Young, said he represents a developer (identified in the record as Renee Energy) proposing a solar-plus-battery storage project in the county. Reed told the court developers are willing to discuss structuring an upfront payment to de-risk the project…
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