Council grants tax abatements
by Tim Delaney
May 04, 2013 | 1783 views | 0 0 comments | 11 11 recommendations | email to a friend | print
REFUGIO – The Refugio City Council approved two tax abatements, one each for Stripes and McDonald’s, at its meeting Tuesday, April 23.

The rebuilding of McDonald’s construction permit of $800,000 qualified for the abatement over five years. The minimum investment is $300,000 to receive an abatement.

The first year abatement would be 80 percent; second year, 60 percent, third year 40 percent; fourth year, 20 percent; and fifth year, zero abatement.

McDonald’s is at 427 N. Alamo St.

Also, the council approved the same five-year abatement for Stripes’ Phase II development of 108 N. Alamo Street. Stripes bought a building permit for $300,000.

The council also approved awarding a bid of $860,000 for its water treatment plant.

The successful bidder was Bryan Construction, and it will be working with a contractor in Taft. Work begins within 30 days. The project has a $1.23 million budget.

Money left over may go to water meters.

The council also approved suspending a request for a rate hike by Centerpoint Energy that would affect residential, small business and large business.

The council suspended the Gas Reliability Infrastructure Program filing for rate adjustment for 145 days.

The council also approved awarding $10,000 of hotel-motel tax money to the Refugio Little League for repair of lights at the field.

The council agreed to consider hotel tax money awards to the Little League a little at a time for repairs of the facilities.

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