24-1974
One-reading Ordinance 1) Rejecting the requested assignment from Air Products to HEP Javelina SMR of the current Chapter 380 Incentive Agreement; 2) Declaring that the current Chapter 380 Incentive Agreement terminates on Dec. 31, 2024 pursuant to Article VI, Section 6.01 of the 380 Incentive Agreement; and 3) Authorizing the execution of a new Chapter 380 Incentive Agreement with the existing owner and/or new owner, HEP Javelina SMR LLC, to provide a rebate of 25.5 % of the ad valorem taxes payable to the City on the Hydrogen Steam Methane Reformer Facility to match the amount payable on improvements under the new Industrial District Agreement of the City. (6 votes required)
What this record is
- Held by
- HEP Javelina SMR LLC
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
See which contracts are coming up for rebid →
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Introduced
- November 25, 2024
- On agenda
- December 3, 2024
- Passed
- December 3, 2024
- Enacted
- December 3, 2024
- Enactment no.
- 033531
Where it was heard
City CouncilWatch what Corpus Christi buys
This is one award. Corpus Christi signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.
Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.