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Panhandle ISD approves Foreign Trade Zone agreement with Fermi Inc., backs subzone application
Summary
On Nov. 6, 2025, the Panhandle Independent School District Board of Trustees approved a Foreign Trade Zone Exemption and Revenue Loss Indemnity Agreement with Fermi Inc. and authorized a letter of non-objection supporting Fermis application for a special-purpose subzone in Carson County under Foreign Trade Zone No. 252.
The Panhandle Independent School District Board of Trustees on Nov. 6, 2025 approved a Foreign Trade Zone Exemption and Revenue Loss Indemnity Agreement with Fermi Inc. related to Foreign Trade Zone No. 252 and authorized the board president to execute the agreement.
The action followed a public-comment statement in which Jason Green expressed support for the FERMI America project. The board also moved to approve a letter of non-objection to Fermi Inc.s application to establish a special-purpose subzone in Carson County, Texas under Foreign Trade Zone No. 252. The board convened into executive session earlier in the meeting under the Texas Open Meetings Act (sections 551.074 and 551.087) to consult with the attorney and to deliberate economic development negotiations; the transcript records the citation but does not provide details of the closed-session discussion.
The minutes record that the meeting began at 6:00 p.m. in the Administration Building boardroom and adjourned at 8:32 p.m. The transcript does not include a recorded vote tally or named mover/second for the approvals; it records that the board approved the agreement and approved the non-objection letter and authorized execution by the board president.
