Crockett approves tax abatement, authorizes mayor to sign agreement with A and A Texas Capital LP
October 06, 2023 | Crockett, Houston County, Texas
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The Crockett City Council on Tuesday approved a tax abatement and incentives agreement with A and A Texas Capital LP, authorizing the mayor to execute the deal following a short public hearing.
The agreement, tied to Reinvestment Zone Number 1, commits the company to create new primary jobs with a combined minimum annual salary of $762,934 within 36 months, build approximately 6,500 square feet of office space and about 20,000 square feet of manufacturing, warehousing and distribution space, and carry out roughly $3,630,000 in improvements, the council was told during the reading of the item.
The agreement was presented during the public hearing and again as Item 2 on the agenda. The presiding official opened the hearing to public comment, then closed it after hearing from attendees. A motion to approve the agreement was made and seconded, and the presiding official declared, "Motion carries." The transcript contains no roll-call or recorded vote tally.
At the hearing, resident John Jenkins said he was concerned the public had not had adequate time to review the agreement and questioned whether the city was effectively "giving this property away." Jenkins asked the council to explain the terms and consider local cost-of-living implications for the jobs promised under the agreement. "Are we giving this property away?" Jenkins asked during his three-minute comment.
Another attendee asked whether the planned manufacturing would involve fiberglass and whether production could remain in Canada; an unidentified speaker said the process "isn't technically fiberglass" and described the equipment as similar to machines used in fiberglass production.
The council approved the agreement and authorized the mayor to execute it; the transcript does not record any further conditions, amendments, or a detailed vote tally. Funding sources or tax-impacted revenue estimates were not specified in the hearing record provided.
The council then moved to adjourn. No additional scheduling or follow-up directives were recorded in the transcript.
The agreement, tied to Reinvestment Zone Number 1, commits the company to create new primary jobs with a combined minimum annual salary of $762,934 within 36 months, build approximately 6,500 square feet of office space and about 20,000 square feet of manufacturing, warehousing and distribution space, and carry out roughly $3,630,000 in improvements, the council was told during the reading of the item.
The agreement was presented during the public hearing and again as Item 2 on the agenda. The presiding official opened the hearing to public comment, then closed it after hearing from attendees. A motion to approve the agreement was made and seconded, and the presiding official declared, "Motion carries." The transcript contains no roll-call or recorded vote tally.
At the hearing, resident John Jenkins said he was concerned the public had not had adequate time to review the agreement and questioned whether the city was effectively "giving this property away." Jenkins asked the council to explain the terms and consider local cost-of-living implications for the jobs promised under the agreement. "Are we giving this property away?" Jenkins asked during his three-minute comment.
Another attendee asked whether the planned manufacturing would involve fiberglass and whether production could remain in Canada; an unidentified speaker said the process "isn't technically fiberglass" and described the equipment as similar to machines used in fiberglass production.
The council approved the agreement and authorized the mayor to execute it; the transcript does not record any further conditions, amendments, or a detailed vote tally. Funding sources or tax-impacted revenue estimates were not specified in the hearing record provided.
The council then moved to adjourn. No additional scheduling or follow-up directives were recorded in the transcript.
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