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Agenda Packet
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03-10-2025
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Agenda Packet
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(Updated 01-08-18) <br />POLICY STATEMENT <br />CRITERIA AND GUIDELINES FOR TAX ABATEMENT <br />9. An acWitional 20% absternent for oewjob creation is availaNe based on the IbIlowing requiren=ts, <br />& A projevt that creates a mininrum of 10 tlewjob6. <br />b. The newjob waps are eqLml to or greater 1 the current Couatywerage wage for all private sectorjobs excluding <br />retail fimde and accormodation mA food sftvim ($41,158 anntWly for 2013. Source: Texas Workforce Commission <br />via y q(�n ote: YNY repmenis 547 companies, 10,470jobs and 56% of allprivate sector exploymml.!(7 <br />,yMM. KQr2_1. (IV <br />Lamar cowdy.) <br />c. The taxinSjurisdictions and the cotupany nwat agree to include mmwing, trackiAR and :1 1+.. rqwrting Of the W <br />job kwreases (existing jobs plus wwjobs) far the end:re term of the abatment zareenvwt- <br />1. 10 newjobs minimum. <br />2. Now job waPs - or > sVK89C 51=81 <br />wages for private sector jobs in Lavw <br />County. mwwim nwi4 p000mmdadonc rood <br />wrvim See hem 91. abwe.) <br />3, Agree to r1.= 1111, exiiWag base od ww <br />jolm &zing The endre term of agrecumit <br />(maotexceed 100%. <br />improvemcnts to its real propetly or its new 1VF--,5)n -a PYUI --it Q <br />abovA even if no new jobs or newly created minimum annuW payroll Ore Created. <br />tax abatements for improvements to real <br />k"rk"11V i A J4 1441 <br />
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