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Chapter 381 Development Agreements

Chapter 381 Economic Development Policy Regarding Essential Infrastructure, Waller County, Texas

 

An incentive may be granted for an amount equal to a portion of ad valorem taxes levied and collected by Waller County on assessed increased valuation of improvements in years following the base year, or for an agreed amount per year.  Any incentive granted may be in the form of a rebate or discount.  Any incentive may be granted according to the approved agreement between the applicant and Waller County.  The Waller County Commissioners’ Court, in its sole discretion, shall determine the amount of any incentive.  Any business proposing to construct essential infrastructure in Waller County may request a financial incentive by filing a written request with the County Judge of Waller County.  The written request shall consist of a completed application form accompanied by a copy of a cost estimate for the infrastructure.  Waller County, not later than 60 days after receipt of the application for financial incentive, shall by Commissioners’ Court order either approve or deny the application by a majority vote at a regularly scheduled meeting