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Weslaco commission approves resolution to pursue tax abatement for potential $56M Sam—s Club investment
Summary
The Weslaco City Commission voted June 9 to approve Resolution No. 2025-45 authorizing the mayor to execute a tax abatement agreement with Sam's Real Estate Business Trust, a step officials said moves the city closer to a potential $56 million investment in Reinvestment Zone No. 3; no public comment was offered at the hearing.
The Weslaco City Commission on June 9 approved Resolution No. 2025-45 authorizing the mayor to execute a tax abatement agreement with Sam's Real Estate Business Trust, a measure officials said would put the city in the next phase of discussions over a planned facility and an estimated $56,000,000 in real and personal property investment in Weslaco Reinvestment Zone No. 3.
City Secretary (reading the agenda) opened a public hearing on the application for the tax abatement but the hearing drew no speakers.…
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