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Anderson‑Shiro CISD holds public hearing on TeraFab AI tax‑limitation applications for proposed semiconductor campus
Summary
The Anderson‑Shiro CISD Board of Trustees held a July 7, 2026 public hearing on four tax‑limitation applications from TeraFab AI, LLC (J0035–J0038) under the Texas Jobs, Energy, Technology, and Innovation Act; the filings describe initial phases of investment of about $78 billion and a potential four‑phase total near $119 billion, to be sited in the SpaceX Reinvestment Zone at Gibbons Creek Reservoir.
The Anderson‑Shiro Consolidated Independent School District Board of Trustees convened a public hearing on July 7, 2026, to consider four Applications for Taxable Value Limitation filed by TeraFab AI, LLC under the Texas Jobs, Energy, Technology, and Innovation Act (Texas Government Code § 403, Subchapter T). The hearing was opened pursuant to Texas Government Code § 403.611(b) and took place in the district's Secondary Cafeteria.
The district's hearing notice lists four application numbers (J0035, J0036, J0037 and J0038) and provides approximate investment figures tied to each filing: J0035 — approximately $10.366 billion; J0036 — approximately $28.838 billion; J0037 — approximately $23.838 billion; and J0038 — approximately $15.619 billion. The notice states that "TeraFab plans to invest approximately $78 Billion in the initial phases with a potential combined total investment of approximately $119 Billion over four phases for a semiconductor and related device fabrication plant." These amounts are presented in the published hearing notice as approximations.
The notice specifies the project would be sited within "SpaceX Reinvestment Zone No. 1 - 2026-001 located at the Gibbons Creek Reservoir and surrounding areas." The record provided to the board identifies the reinvestment zone and the reservoir area as the proposed location for the project; the hearing document does not record additional staff presentations, public testimony, or follow‑up direction in the district minutes beyond the published notice language.
Board President Kevin Smith called the meeting to order at 6:00 p.m.; the minutes list all seven trustees as present. The minutes record the public‑hearing notice and then proceed to adjournment; they do not record individual speakers presenting for TeraFab or transcripted public comments in the record provided.
What happens next: the notice and hearing make the district record available for consideration of the tax‑limitation applications, and any formal board action or findings would be recorded in subsequent public minutes if taken. The minutes for this meeting were approved on Aug. 3, 2026, according to the record.
