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Sugar Land creates reinvestment zone to support Applied Optoelectronics expansion; county tax‑abatement terms still under negotiation
Summary
The council approved first reading to designate a 33‑acre reinvestment zone near 1111 Gillingham Lane to enable a Fort Bend County tax‑abatement application supporting Applied Optoelectronics' planned expansion — staff said the company expects up to 500 new jobs and about $77 million in capital investment; county abatement details remain under negotiation.
Sugar Land —2—8— City Council approved the first reading of an ordinance creating Reinvestment Zone No. 20205‑1 on Dec. 23, a necessary step for Fort Bend County to consider a property tax abatement application from Applied Optoelectronics (AOI).
Jennifer Alexander, business development manager, told council that the zone covers roughly 33 acres at 1111 Gillingham Lane and is intended to support a county tax‑abatement request…
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