Application #:
1993
Name of school district:
Pecos-Barstow-Toyah ISD
Name of CAD appraising the qualified property:
Reeves
Name of company/companies entering into original limitation agreement:
VPN 4420 LLC
Name(s) of current agreement-holder(s):
VPN 4420 LLC
NAICS code:
221118
Statutory eligibility category [313.024(b)]:
Texas Priority Project
Date limitation agreement executed:
12/19/2022
First complete year of qualifying time period:
2026
First year of 10-year limitation period:
2028
Number of qualifying jobs applicant committed to create on application:
10
Number of qualifying jobs in 2023:
0
Qualifying and non-qualifying jobs reported in 2023:
0
Median annual wage of qualifying jobs in 2023:
$0
Total wages of qualifying jobs and non-qualifying jobs in 2023:
$0
Limitation amount:
$30,000,000
Total qualified investment proposed on application:
$1,000,000,000
Qualified investment reported through 2023:
$0
Estimated total investment for length of agreement:
$6,253,716,760
2023 market value of qualified property as reported by company:
$1,954,014
Total property tax (M&O and I&S) in 2023--if no limitation:
$19,931
Total property tax (M&O and I&S) in 2023--with limitation:
$19,931
For additional information, email us or call 800-531-5441 ext. 3-4679, or 512-463-4679.
This information should not be construed as, and is not a substitute for, legal advice.
Property owners and school districts are urged to consult the Attorney General's Economic Development Handbook and their own legal counsel for any questions or interpretations of economic development laws.