35.
Commissioners Court Meeting
- Meeting Date:
- 11/10/2025
- Title:
- Establish, by Order of the Webb County Commissioners Court, a reinvestment zone Corvus Solar Reinvestment Zone Number 1
- Submitted for:
- Nathan Bratton
- Submitted By:
- Nathan Bratton
- Department:
- Civil Legal Division
Subject:
Discussion and possible action to establish, by Order of the Webb County Commissioners Court, a reinvestment zone to be known as the Webb County Corvus Solar Reinvestment Zone Number 1. The Proposed Reinvestment Zone comprises approximately 2,266 acres and is located approximately 13 miles from Laredo in eastern Webb County and 8 miles south of Texas State Highway 359. [Requested by Corvus Solar LLC / No effect on the budget]
Background:
A Reinvestment Zone is a prerequisite to granting a Chapter 312 Tax Abatement.
Previous Court Action:
Fiscal Impact
- Budget Account Number:
- unknown
- Funding Source:
- unknown
- Balance:
- unknown
Financial Impact:
The tax abatement contemplates an approximate 35% reduction in ad valorem tax paid but will be a 100% tax abatement with a Payment In Lieu Of Taxes.