Skip Navigation Links
Front Page
About GNSExpand About GNS
CommunitiesExpand Communities
EducationExpand Education
Links Directory
Medicine & Science
Opinion/ForumExpand Opinion/Forum
Public Safety

Bay Area Houston Economic Partnership GRCC
Galveston County
Texas City City Commission
by Garrett Bryce
Thursday, December 07, 2017

Texas City City Commission on Wednesday voted unanimously to approve a tax abatement agreement with Gulf Coast Ammonia, LLC and Eastman Chemical Texas City, Inc. for property in Gulf Coast Reinvestment Zone No. 1.

Gulf Coast Ammonia is looking to construct an ammonia plant on property located within the Eastman Chemical Plant.

The city will abate 100 percent of the value of improvements related to the plant from $400 million to $800 million in value for a period of 10 years beginning in 2021. The company will pay the city between $750,000 to $1 million annually depending on the value. The city will be granting an equivalent of a 60 percent discount on taxes.

The city commission voted to approve a Chapter 380 Economic Development and Performance Agreement related to the Gulf Coast Ammonia plant.

The city commission voted to purchase a camera through CDW Government, LLC using a grant provided by the Houston-Galveston Area Council.

The city commission voted to amend the budget to create an additional police dispatcher position and appropriate funding for the position. The annual salary for the position will be between $53,560 and $54,725.

All items were approved. All votes were unanimous with all members present. Agenda

HomeTown Bank Ocean Star
Remembering Jim Guidry

Guidry News Service is headquartered in Midtown Houston.
at 4001 Fannin Street, Suite 4109, Houston, TX. 77004-4077
(409) 763 NEWS(6397)
© 1996, Guidry News Service. Duplication of any part of this website in any manner is prohibited.