County Grants Tax Abatement
The Glasscock County Commissioners’ Court (Marck Schafer and Michael Hoch absent), meeting in special session June 18, created a reinvestment zone and granted a tax abatement to Wind Plus. The company plans a wind turbine project that will require capital expenditures of approximately $750 million.
The county agrees to abate 70 percent of ad valorem taxes assessed against the real property by virtue of the improvements placed on it (wind turbine generators, roads, crane pads, foundations, collection system, substation, transmission line, electrical grid interconnection, operations and maintenance building and meteorological towers) for a period of 10 years. No taxes will be abated which are not a direct result of the improvements.
Wind Plus agrees they will not discourage or prevent any other wind generation company from conducting business in Glasscock County, and will annually contribute to the county’s volunteer organizations.
The entire tax abatement contract is on file as public record in the county clerk’s office.
At the same meeting, the court again discussed whether to allocate $500 for a flagpole at Garden City’s Little League park. Donald Hanson of Hanson Telecommunications, who was at the meeting, said his company would donate the money for the flagpole.