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Copy of the agreement
Previous Agreement Number: 0001923
Chief Financial Officer
512-309-6168
jeffrey.wood@taylortx.gov
Comptroller’s Online Chapter 380-381 Economic Development Agreements Database
Note: For agreements that do not have a set expiration date, the expiration date will show as 12/31/2078. All information has been provided by local governments. Only agreements that are or were active as of Sept. 1, 2021, when HB 2404 went into effect or agreements that have been entered into, amended or renewed since then are required to be reported to the database.
Taylor
Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.
About This Local Government
Local government type: City
Local government code: 0006142
Type of agreement: Amend
Record filed: 08/16/2022 03:51
Address of Local Government
Address
400 Porter Street
Taylor, TX 76574
Contact information for officer/other person representing the local government
Brian LaBorde
City Manager
512-352-3677
dianna.mclean@taylortx.gov
Entity Information
Samsung Austin Semiconductor, LLC
Agreement Information
Effective Date of Agreement: 11/29/2021
Expiration Date of Agreement: 12/31/2054
Counties that the agreement affects: Williamson
Agreement Information
Agreement Number: 0006142
Purpose of Agreement
Establishes a TIRZ, Annual Grants (property tax reimbursement/abatement) of 92.5% for years 1-10, 90% for years 11-20, 85% for years 21-30. Waiver of permit fees, tax abatement shortfall grants, a Development Review Reimbursement Agreement. Company must maintain employment of 1800, provide an annual civic donation of $150,000 to the City and $150,000 to charitable purposes.
Copy of the agreement
Previous Agreement Number: 0001923
Contact information for person submitting agreement to database
Jeffrey B. WoodChief Financial Officer
512-309-6168
jeffrey.wood@taylortx.gov