Chapter 312 Abatement Reports

Abatement Basic Information

CAD Name: Chambers CAD
Lead Taxing Unit: Chambers County
Reinvestment Zone Name: Blackline 2021 Reinvestment Zone
Abatement Status: Inactive
Property Owner Name(s): Blackline Cold Storage LLC
Employment Created: Y

Property Information

Property Type: Both
Business Activity: New Business
Business Type: Commercial/Industrial
Business Size: Small
Physical Structure: New
New Construction: Y
Current Facility Renovation/Remodeling: No Response
Current Facility Retooling/Upgrading: No Response
Furniture/Fixture Purchase: No Response
New Machinery/Equipment Purchase: No Response

New Abatement Execution, Effective, and Expiration Dates

Abatement Execution Date: 2021-06-16
Abatement Effective Date: 2023-01-01
Abatement Expiration Date: 2027-12-31
Base Value: $800,000

Abatement Percent/Year Information

Taxing Unit Name: Chambers County
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 007865

Percent of Value Abated:

• Year 1: 100%
• Year 2: 100%
• Year 3: 100%
• Year 4: 100%
• Year 5: 100%
• Year 6: 0%
• Year 7: 0%
• Year 8: 0%
• Year 9: 0%
• Year 10: 0%

Taxing Unit Name: Chambers County
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 000010

Percent of Value Abated:

• Year 1: 100%
• Year 2: 100%
• Year 3: 100%
• Year 4: 100%
• Year 5: 100%
• Year 6: 0%
• Year 7: 0%
• Year 8: 0%
• Year 9: 0%
• Year 10: 0%

Property Owner Information

Property Owner Name: Blackline Cold Storage LLC
Property Account: 007865
NAICS: Not Reported
Taxpayer ID:: Not Reported
Length of Abatement Term: 5

Property Owner Name: Blackline Cold Storage LLC
Property Account: 000010
NAICS: Not Reported
Taxpayer ID:: Not Reported
Length of Abatement Term: 5

Economic Impacts Information

Impact Years: 2023 - 2024 - 2025 - 2026 - 2027
Number of New FTEs/Year: 35 - 40 - 45 - 50 - 55
Payroll Dollars Created: $1,400,000 - $1,600,000 - $1,800,000 - $2,000,000 - $2,000,000
Property Value Dollars Abated: $26,600,000 - $27,132,000 - $20,755,980 - $16,936,879 - $14,396,348

Additional Incentives Offered

Other Tax Incentives: No Response
Grants: No Response
Loans: No Response
Job Training Assistance: No Response
No Incentive Offered: Y
Total Value of Incentives: No Response
Clawbacks: No Response

Modified Abatement Report

Executed Modification Date: Not Applicable
Effective Modification Date: Not Applicable
Reason for Modification: Not Applicable

Canceled Abatement Report

Executed Cancellation Date: Not Applicable
Effective Cancellation Date: Not Applicable
Reason for Cancellation: Not Applicable
Dollar Amount Given to Business: Not Applicable
ISD Name: Not Applicable
Taxing Unit Recapture: Not Applicable