A Tuesday night school board meeting ended with several actions in regards to Samsung Austin Semiconductor’s coming to Taylor.
On May 24, the Taylor Independent School District board of trustees approved by majority vote the creation of a reinvestment zone and applications from Samsung for agreements for an appraised value limitation. Board president Marco Ortiz abstained from the three related votes, although he and the rest of the board unanimously voted to retain consultants to assist the rest of the process.
The specific approved agenda items were:
• discussion and possible action on the creation of Taylor ISD Reinvestment Zone No. 2022-001, pursuant to Texas Tax Code Section 312.0025;
• discussion and possible action to accept the application of Samsung Austin Semiconductor, LLC for an amendment to the agreement for an appraised value limitation on qualified property in Comptrollers File No. 1620, to authorize the superintendent to review the application for completeness and submit to the state comptroller and to authorize the superintendent to enter into any agreement to extend the deadline for board action beyond 150 days, subject to board ratification;
• discussion and possible action to accept multiple new applications from Samsung Austin Semiconductor, LLC for multiple agreements for an appraised value limitation on qualified property, to authorize the superintendent to review the application for completeness and submit to the state comptroller, and to authorize the superintendent to enter into any agreement to extend the deadline for board action beyond 150 days, subject to board ratification; and
• discussion and possible action to retain consultants to assist the district in processing both the amended application and the new applications from Samsung Austin Semiconductor, LLC for multiple agreements for an appraised value limitation on qualified property.
More details from Tuesday’s meeting will be in this Sunday’s May 30 edition of the Taylor Press.
