Discussion and possible action to enter into a Tax Abatement Agreement, pursuant to Webb County’s Guidelines and Criteria under the Property Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code, as requested by Corvus Solar, LLC, for approximately $200,000,000 in improvements related to the generation of electricity using solar panels for a ten year period and being a 100% tax abatement of ad valorem taxes (maintenance and operation only), with payments in lieu of taxes (pilot payments) to be made annually to Webb County and any matters incident thereto; authorizing the County Judge to sign all relevant documents. [Requested by Corvus Solar LLC /No effect on current county budget]

The property subject to the abatement agreement is located approximately 13 miles from Laredo in eastern Webb County and 8 miles south of Texas State Highway 359 within the Webb County Corvus Solar Reinvestment Zone Number 1.