Thirty Day Notice of Reinvestment Zone and Tax Abatement Consideration Pecos County Commissioners Court
Thirty (30) Day Notice of Reinvestment Zone and Tax Abatement Consideration
Pecos County Commissioners Court
DATE: July 25th, 2022 TIME: 10:00 AM
PLACE: County Courtroom of Pecos County Courthouse, 103 W. Callaghan, Fort Stockton, TX 79735
PURPOSE: On behalf of Pecos County, the Pecos County Commissioners Court will discuss and take possible action regarding an order concerning a proposed form of property tax abatement between the County and Matterhorn Express Pipeline, LLC pursuant to Chapter 312 of the Texas Tax Code.
Property Owner and Applicant for Tax Abatement: Matterhorn Express Pipeline LLC c/o White Water Midstream LLC
Current Reinvestment Zone: Whistler Waha Reinvestment Zone
Anticipated Improvements: Matterhorn Express Pipeline LLC will install (2) Solar Titan 250 turbines, each driving a Solar C75 centerfugal compressor, including supporting equipment.
Estimated Cost of the Improvements: The best estimate of capital investment of all such improvements subject to the requested tax abatement is $50 Million.