[00:00:04]
I WOULD LIKE TO CALL THE SPECIAL MEETING TO ORDER.
[Call to Order]
TODAY IS MONDAY, THE 20 27TH OF AUGUST AND 9:30 AM.>> COMMISSIONER DEBBIE INGALSBE
>> COMMISSIONER SMITH HAS NOT SIGNED AND YET.
[1. Executive Session pursuant to Sections 551.071 and 551.087 of the Texas Government Code: consultation with counsel and deliberation regarding economic development negotiations associated with Project Robot. Possible discussion and/oraction in open Court. BECERRA]
>> EXECUTIVE SESSION PURSUANT TO SECTIONS 551.071 AND 551.087 OF THE TEXAS GOVERNMENT CODE: POSSIBLE DISCUSSION AND OR ACTION IN OPEN COURT.
>> COMMISSIONER DEBBIE INGALSBE DO YOU HAVE A MOTION?
>> MAKE A MOTION TO AUTHORIZE THE COUNTY JUDGE TO EXCEEDED CHAPTER BETWEEN HAYS COUNTY AND INDUSTRIAL BETWEEN 19 QOCB RELATED TO A COMMERCIAL ENTERPRISE IN PRECINCT 1 OF HAYS COUNTY AS PRESENTED IN EXECUTIVE SESSION.
JUDGE, THIS WILL INCENTIVIZE THE ESTABLISHMENT OF REGIONAL ROBOTIC COMMERCIAL LAUNDRY FACILITY WITH APPROXIMATELY $6.5 MILLION IN ADDED TAX VALUE AND AT LEAST 100 ADDED FULL-TIME JOBS.
>> WE HAVE A MOTION IN A SECOND.
IS IT PUBLIC AT THIS TIME HOW MUCH OF THE CONTRIBUTION IS BECAUSE I CONSIDER IT SUCH A MAGNIFICENT DEAL FOR THE COUNTY WITH THAT AMOUNT IN FOR WHAT WE ARE GETTING BACK?
>> YOU CAN DISCUSS THAT IF YOU LIKE AND IF YOU WOULD LIKE I CAN RECITE WHAT IT IS.
>> I THINK WOULD BE MOST COMPLETE IF YOU SAID IT.
>> THE INCENTIVE IS THE POTENTIAL REBATE OF THE INCREMENT VALUE OF THE PROPERT .
THE TAX VALUE OF THE PROPERTY OVER A THREE-YEAR PERIOD.
25 PERCENT YEAR ONE, 50 PERCENT YEAR TWO AND 25 PERCENT YOUR THREE.WE WILL HAVE TO GET INTO THE TECHNICALS OF ALL THA .
>> DOLLAR AMOUNT? ASK I BELIEVE,
>> THE DOLLAR AMOUNTS ARE ESTIMATED WE ARE PROJECTING.
>> WE HAVE THIS MAGNIFICENT CONTRIBUTION.
THE INVESTMENT IN OUR COMMUNITY AND MORE IMPORTANTLY AS WE SEE POPULATIONS SHIFT IN OUR REGION.
THIS IS AN INVESTMET IN OUR REGION.
I'M GRATEFUL FOR THE INVESTMENT.
WE HAVE A MOTION AND A SECOND. PLEASE CALL THE ROLE.
>> AND JUDGE RUBEN BECERRA YES
>> THANK YOU COMMISSIONER SMITH FOR JOINING US REMOTELY.
THANK YOU PUBLIC NOW YOU UNDERSTAND WHAT THIS MEETING IS ABOUT AND NOW YOU CAN TALK ABOUT IT BECAUSE NOW WE CAN TALK ABOUT IT. I WILL
* This transcript was compiled from uncorrected Closed Captioning.