Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Enterprise Products files application for large fractionator; commissioners accept application to begin negotiations
Summary
Enterprise Products presented an application for a new fractionation facility with an estimated $595 million capital investment, 150,000 barrels‑per‑day capacity and about 10 permanent jobs; the court accepted the application and authorized the start of a 90‑day negotiation period over incentives and abatements.
County staff presented an application from Enterprise Products proposing a new fractionation facility (referred to in the presentation as "Fractionated 15") at the Fairmount Bellevue complex. The presenter, BJ, described the project as having a proposed processing capacity of 150,000 barrels per day of natural gas liquids, a capital investment of $595 million and a taxable value of about $559 million, with at least 10 permanent full‑time jobs expected.
BJ said the project would be located in a reinvestment zone established by a local school district and that the firm seeks treatment consistent with a previously approved Chapter 313‑style agreement referenced in the application. BJ told commissioners that the application asks the court to accept the proposal and to start a 90‑day countdown to negotiate the final terms and percentage of any abatement or incentive.
Commissioners discussed the structure of pilot/abatement payments and whether the county should seek more upfront contributions for infrastructure and community impact versus a more leveled approach over time. BJ noted that Enterprise's current agreements on file produce approximately $5.8 million in pilot payments to the county under legacy terms but said the county may seek a higher Community Impact Program contribution going forward (staff cited 5% as a potential target compared with 1.5% or 3% in certain legacy agreements). The court accepted the application to proceed to negotiation; no final agreement or abatement was approved at the meeting.
The transcript contains technical references to a "Chapter 313" arrangement and to reinvestment‑zone mechanics; the county will enter negotiations and return with any proposed incentive terms for formal approval.
