Chapter 312 Abatement Reports

Abatement Basic Information

CAD Name: Collin CAD
Lead Taxing Unit: Allen City
Reinvestment Zone Name: City of Allen Compass Datacenters Reinvestment Zone #33
Abatement Status: Active
Property Owner Name(s): Compass Datacenters DFW LLC
Employment Created: N

Property Information

Property Type: Both
Business Activity: New Business
Business Type: Commercial/Industrial
Business Size: Micro
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: Y

New Abatement Execution, Effective, and Expiration Dates

Abatement Execution Date: 2016-11-15
Abatement Effective Date: 2018-01-01
Abatement Expiration Date: 2027-12-31
Base Value: $0

Abatement Percent/Year Information

Taxing Unit Name: Allen City
Taxing Unit Type: Lead Taxing unit
Property Type: No Response
Property Account: Unknown

Percent of Value Abated:

• Year 1: 50%
• Year 2: 50%
• Year 3: 50%
• Year 4: 50%
• Year 5: 50%
• Year 6: 0%
• Year 7: 50%
• Year 8: 50%
• Year 9: 50%
• Year 10: 50%

Property Owner Information

Property Owner Name: Compass Datacenters DFW LLC
Property Account: Unknown
NAICS: Not Reported
Taxpayer ID:: Not Reported
Length of Abatement Term: 10

Additional Incentives Offered

Other Tax Incentives: Y
Grants: No Response
Loans: No Response
Job Training Assistance: No Response
No Incentive Offered: No Response
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