Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Commissioners designate 438.2‑acre Palomino Alpha reinvestment zone; ordinance passes with one abstention
Summary
After a public hearing and staff presentation on Chapter 312 procedures, Guadalupe County commissioners approved an ordinance creating Palomino Alpha Reinvestment Zone No. 1 (438.2 acres). The motion passed with 3 ayes, 0 nays and 1 abstention; an abatement agreement will be considered later.
The court opened a public hearing on a proposed reinvestment zone and heard a statutory overview from county counsel, who described the requirements under Chapter 312 of the Texas Tax Code for creating a reinvestment zone and the subsequent abatement agreement and notice processes. "The requirements are set out in chapter 312 of the tax code," counsel said, explaining that abatement can apply to increases in property value for up to 10 years and requires county opt‑in and published notice.
No members of the public spoke during the hearing. Later in the agenda the court moved to adopt the ordinance designating Palomino Alpha Reinvestment Zone No. 1 (the ordinance number was read into the record). The judge recorded an abstention and the motion carried 3‑0 with one abstention. The court noted the abatement agreement itself will appear later for public notice and approval, at which point the scope of any tax abatement (land, buildings, tangible personal property) and the length of the agreement will be specified.
