Bryan Council Considers Land Purchase

Bryan/College Station Chamber Of Commerce Hosts The 2024 Economic Outlook Briefing

The Bryan/College Station chamber of commerce held its 2024 economic outlook briefing on August 21, 2024. The president of the Brazos Valley economic development corporation, Susan Davenport, shared local data compiled by the Texas A&M private enterprise research center. The featured speaker, U.S. senator Ted Cruz, shared the status of federal legislation affecting businesses and fielded audience questions. Click below to hear comments from Susan Davenport: Listen to “Brazos Valley Economic Development Corporation president Susan Davenport speaks at the B/CS chamber of commerce economic outlook briefing” on Spreaker. Click below to hear comments from Ted Cruz: Listen to “Senator Ted Cruz remarks at the Bryan/College Station chamber of commerce economic outlook briefing, 8/21/24” on Spreaker.

College Station Mayor John Nichols on WTAW

College Station Mayor John Nichols visits with WTAW’s Scott DeLucia about the 1207 venue, the return of Texas A&M students, Amazon drones, housing issues on the next agenda, feral hog damage, watering fields at Veterans Park, the city budget, and more during his appearance on The Infomaniacs on Wednesday, August 21, 2024.

Bryan City Council Agrees To Start The Tax Abatement Process For An Expanding Local Manufacturer

The Bryan city council is working on another economic development project associated with the semiconductor industry. The council without public discussion at its August 13th meeting, agreed to compose a tax abatement agreement for the Honeywell electronic chemicals plant on Mumford Road. The tax abatement would come from the creation of a reinvestment zone. The only details from city documents is that “the purpose of this designation is to facilitate a major expansion of Honeywell in Bryan related to the semiconductor industry.” To be composed, according to the agreement unanimously approved by the council, are “written agreements with property owner(s) located within the Zone shall provide identical terms regarding duration of exemption and share of taxable real property value and tangible personal property.” The future written agreements will contain “(a) Duration of Exemption: includes number of consecutive tax years beginning with and including the January 1 assessment date” and “(b) Share of taxes abated: (i) includes number years of abatement, and (ii) annual percentage for each abatement year (i.e. percentage of the value of the taxable property in each year covered by the agreement only to the extent its value for that year exceeds its value for the Base Year.” WTAW News sent an e-mail to Honeywell’s corporate office requesting more information. The Honeywell expansion comes as officials from the city of Bryan, Brazos County, Bryan ISD, and the Texas A&M system continues to wait for a decision whether a $10 billion dollar high tech manufacturing facility will be built on the RELLIS campus that is supposed to eventually employ 1,800. Click HERE to read and download background information presented for the August 13, 2024 Bryan city council meeting. Click HERE to read and download the agreement approved by the Bryan city council at its August 13, 2024 meeting. Click HERE to read and download the map showing the location of Bryan’s Honeywell electronic chemicals plant.