Tom Green County Commissioners Court meets tomorrow and has a proposed tax abatement agreement on the agenda. Doral Renewables LLC is behind the $120 million Cold Creek Solar project.
The County designated the "Cold Creek Solar reinvestment zone Number 1" in their February 11, 2025 meeting.
A similar one, two move occurred in March-April 2024 for the Peregrine Energy Solutions LLC battery storage project projected at $160 million. The City of San Angelo granted tax abatement as well but refers to the project as Zeppelin.
The City of San Angelo granted approval for a letter of intent to sell 350 acres of land to Skybox Data Centers. That tax abatement should be significant as well.
City and County employees have worked at the low end wage wise for decades. That unfortunate feature of our local economy will likely continue, unless elected officials do otherwise. The big money is pouring in. County Commissioners and City Council may just abate it away.
Update 3-11-25: Tax abatement passed with little discussion and no official presentation. A representative from Cold Creek LLC said a few words about the project, referencing information Commissioners had already received. After the vote one Commissioner commented that this is the fourth solar farm in the county and he thought they'd be lucky to get two. The tax abatement amount was not shared with the public.
No comments:
Post a Comment