The Del Mar College Board of Regents approved a resolution authorizing the execution of the agreements with Las Brisas Energy Center. LLC, the resolution provides for temporary property tax abatement, with a vote of four approvals, three opposes, and one undecided. For the full story, click here!
“I see our future improve, when we decide as a community to do something about the 6200 jobs lost in Corpus Christi,” said Chad McGill, chair of the Hispanic Chamber of Commerce, “and I see our future improve, when we decide as a community to do something about the economic downfall of our community.”
Officials of Las Brisas Energy Center, LLC, proposed that they would provide 1300 construction jobs and 80-100 permanent jobs to locals, as well as being a $2.5 to $3.2 million capital investment. The tax abatement will help Las Brisas through their “no revenue” period, according to one official present.
According to agenda information, conditions of the tax abatement are; “1) obtaining and maintaining all required permits from the Texas Commission on environmental quality and 2) obtaining Port of Corpus Christi approval of the agreements.”
“There aren’t any taxes being taken from the industrial land where Las Brisas will be built,” said Trey McCampbell, chair of the DMC Board of Regents. “The improvements to the land will be taxed.”
2 comments
The DOR gave Chase Power a handout of about $27.6 million, just what they came for. Read again what the Professors said and talk to the regents who voted against the tax abatement: Elva Estada, Susan Hutchinson and Guy Watts. This is what education is about--getting educated. Ask Dr. Sansing.