Bryan ISD school board members take the next step towards the possibility of offering property tax breaks to attract a $10 billion dollar high tech manufacturing facility to build on the RELLIS campus.
Board members during Monday’s meeting (August 5) approved hiring two consultants. Assistant superintendent Kevin Beesaw and school board member Ruthie Waller said the $15,000 dollar cost for each consultant will be paid by the company looking to locate in Bryan.
One consultant would provide legal services associated with tax abatements.
The other would help prepare an application that is required by the state comptroller’s office so the district could offer the economic development incentive.
Later in the meeting, the BISD board met in private for nearly 90 minutes, in part to discuss the tax abatement request identified in BISD documents as “America’s Foundry Bryan LLC” and “Project Gemini Power Phase One”.
Click HERE to read and download BISD’s agreement with MoakCasey LLC.
Click HERE to read and download BISD’s agreement with O’Hanlon, Demerath, & Castillo.
Click below to hear comments from the August 5, 2024 Bryan ISD school board meeting.