Chapter 312 Abatement Reports

Abatement Basic Information

CAD Name: Taylor CAD
Lead Taxing Unit: Abilene City
Reinvestment Zone Name: City of Abilene Reinvestment Zone No. RZ21-1
Abatement Status: Active
Property Owner Name(s): Lancium Abilene LLC
Employment Created: Y

Property Information

Property Type: Both
Business Activity: A New Business
Business Type: Industrial/Commercial
Business Size: Large (500+)
Physical Structure: New
New Construction: Y
Current Facility Renovation/Remodeling: N
Current Facility Retooling/Upgrading: N
Furniture/Fixture Purchase: Y
New Machinery/Equipment Purchase: Y

New Abatement Execution, Effective, and Expiration Dates

Abatement Execution Date: 2021-12-21
Abatement Effective Date: 2031-01-01
Abatement Expiration Date: 2044-12-31
Base Value: $0

Abatement Percent/Year Information

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1093719

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1093718

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1093720

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1096944

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1096945

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1096946

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1096947

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1093721

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1089582

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Abilene City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 1061063

Percent of Value Abated:

• Year 1: 85%
• Year 2: 85%
• Year 3: 85%
• Year 4: 85%
• Year 5: 85%
• Year 6: 85%
• Year 7: 85%
• Year 8: 85%
• Year 9: 85%
• Year 10: 85%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1093719

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1093718

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1093720

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1096944

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1096945

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1096946

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1096947

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1093721

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1089582

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Taxing Unit Name: Taylor County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 1061063

Percent of Value Abated:

• Year 1: 80%
• Year 2: 80%
• Year 3: 80%
• Year 4: 80%
• Year 5: 80%
• Year 6: 80%
• Year 7: 80%
• Year 8: 80%
• Year 9: 80%
• Year 10: 80%

Property Owner Information

Property Owner Name: Lancium Abilene LLC
Property Account: 1093719
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Property Owner Name: Lancium Abilene LLC
Property Account: 1093718
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Property Owner Name: Lancium Abilene LLC
Property Account: 1093720
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Property Owner Name: Lancium Abilene LLC
Property Account: 1096944
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Property Owner Name: Lancium Abilene LLC
Property Account: 1096945
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Property Owner Name: Lancium Abilene LLC
Property Account: 1096946
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Property Owner Name: Lancium Abilene LLC
Property Account: 1096947
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Property Owner Name: Lancium Abilene LLC
Property Account: 1093721
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Property Owner Name: Lancium Abilene LLC
Property Account: 1089582
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Property Owner Name: Lancium Abilene LLC
Property Account: 1061063
NAICS: 518210
Taxpayer ID: 32096005833
Length of Abatement Term: 10

Economic Impacts Information

Impact Years: 2035 - 2036 - 2037 - 2038 - 2039 - 2040 - 2041 - 2042 - 2043 - 2044
Number of New FTEs/Year: 57 - 57 - 57 - 57 - 57 - 57 - 57 - 57 - 57 - 57
Payroll Dollars Created: $4,104,000 - $4,104,000 - $4,104,000 - $4,104,000 - $4,104,000 - $4,104,000 - $4,104,000 - $4,104,000 - $4,104,000 - $4,104,000
Property Value Dollars Abated: $1,908,385,162 - $1,502,054,975 - $1,095,725,075 - $947,845,941 - $907,148,659 - $3,000,049,605 - $2,398,290,133 - $2,006,343,526 - $166,422,653 - $1,234,315,002

Additional Incentives Offered

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

Modified Abatement Report

Executed Modification Date: Not Applicable
Effective Modification Date: 1/1/2035 12:00:00 AM
Reason for Modification: With the completion of the leases, the tax abatement agreements have been separated for each building.

Canceled Abatement Report

Executed Cancellation Date: Not Applicable
Effective Cancellation Date: Not Applicable
Reason for Cancellation: With the completion of the leases, the tax abatement agreements have been separated for each building.
Dollar Amount Given to Business: Not Applicable
ISD Name: Not Applicable
Taxing Unit Recapture: Not Applicable