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Orange council approves 10‑year sales‑tax and property‑tax incentives for The Grove development
Summary
The council approved revisions to Chapter 380 incentive agreements supporting The Grove (Candace Development Partners LLC): a 0.5% sales‑tax rebate over 10 years and a 10‑year, 100% property‑tax rebate under the performance agreement; staff said anchors include Academy, Burlington, Ross and 5 Below and estimated capital investment at about $475,000.
The City of Orange council voted to approve amendments and agreements supporting The Grove, a planned retail and senior‑housing project by Candace Development Partners LLC.
City staff said the package includes a Chapter 380 sales‑tax rebate set at 0.5% of the city’s collected sales tax (the city collects 8.25% total) for a 10‑year period and a separate 10‑year property‑tax rebate described in the performance agreement as a 100% rebate under the state’s allowable incentive framework. The presenter described the project’s estimated capital investment as about $475,000 and identified key anchor tenants as Academy (senior project), Burlington, Ross and 5 Below.
The Economic Development Corporation (EDC) also presented related revisions to ensure consistency between the city and the developer’s performance agreements. Staff acknowledged the agreements may see additional legal review and future amendments as the project is finalized; the presenter credited the city’s contract counsel for work on the documents.
A council member moved and the council voted to approve the revisions and associated performance provisions. On the public record, staff noted the EDC will receive a 0.5% portion of city sales tax for ten years (EDC portion derived from the city’s 8.25% total collections) and that the property‑tax rebate is structured as a 10‑year rebate per the agreement and state allowances. Denise Anderson from Houston was noted as representing the project team at the meeting; Jay Dragan was nominated as the city’s EDC representative on the county board.
The council recorded the motion and approved the ordinance and resolution related to the incentive agreements during the meeting; the transcript records affirmative 'aye' votes from members present and the motions passed on voice roll calls.
