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Pecos council authorizes notice to negotiate tax abatement for proposed midstream LPG facility
Summary
The Pecos City Council authorized publication of intent to enter negotiations with ITMO Midstream for a proposed LPG fractionation plant and export terminal, setting a 30‑day public comment period and a public hearing to detail water, land, environmental and economic impacts.
Pecos City Council on May 28 authorized staff to publish notice of the city’s intent to enter into negotiations for a tax‑abatement agreement with ITMO Midstream Holdings Inc., the company proposing an LPG fractionation plant and export terminal west of Pecos.
Assistant City Manager Nicole Ferran said the authorization establishes a 30‑day public‑hearing period and that staff and the company will present benefit and impact details at the hearing. "We will be providing that to the council, within this 30 day period," Ferran said, saying the council was not being asked to approve any final agreement tonight.
Alex Gutierrez, who identified himself as CEO of Israel/ITMO Midstream Holdings, said the project would be built on a 200‑acre rail‑terminal parcel three miles west of town and that construction would take roughly 14 months after ground‑breaking. "We're planning to build a gas processing facility here in Pecos," Gutierrez said, adding the company anticipates commercial operations in the fall of 2027 and has discussed on‑site housing and a scholarship endowment for local students.
Council members pressed for clearer, written estimates before a final vote, asking for details on water use, waste handling, noise, rail logistics and the precise local economic benefits the abatement would yield. Ferran and company representatives said those details would be presented during the public‑hearing process. "What is being discussed now is the starting point for that negotiation," Ferran told council.
Councilman Rona moved, and Councilman Saldana seconded, a motion to authorize publication of the city’s intent to enter negotiations; the motion carried by voice vote.
Next steps: staff will publish the public‑hearing notice and return to council at the hearing with a negotiated benefits package and technical information on resource use and mitigation measures. The council emphasized that the authorization tonight only begins a public process and does not bind the city to a final agreement.
