PIISD considers tax limitation agreement for Annova LNG

Special to the PRESS

The Point Isabel School Board met Tuesday evening for their regular monthly meeting. Even though school is out for summer, the School Board is continuing to work in preparation for August while keeping up with the many summer programs underway.

During executive session, Board members were set to consider a request from Annova LNG, LLC for a tax limitation agreement for the proposed Liquid Natural Gas (LNG) facility at the Port of Brownsville. The Board called the associates into the executive session, and after returning to the public meeting, approved the request to consider the submission of the application to the Comptroller for a tax value limitation. The LNG project will undergo a rigorous permitting process by the Federal Energy Regulatory Commission (FERC) and is expected to begin phase one production in 2020. The District agreed to submit the application to the Comptroller, however the submittal does not bind the district to approve the agreement. Upon approval of the application, the PI-ISD School Board of Trustees will have the opportunity to examine the financial benefits for the district and for the tax base and will make a decision regarding approval.

The Board opened the meeting by celebrating the Port Isabel High School 2015 UIL Spelling/Vocabulary Team State Champions, including 2015 Valedictorian Janelle Chavez, Brian Chavez, Celeste Ortega, and Amar Patel. Board Member Mickey Furcron was also recognized for over 20 years of service.

During Open Forum, Virginia Guillot of the South Padre Island Shoreline Task Force expressed concern about agenda items 9, 10, and 11, which were in regards to the proposed San Roman Wind Farm, however the items were subsequently pulled from the agenda to be discussed at a later date.

The board moved on to approve the Consent Agenda covering minutes from the previous meeting, budget amendments, and local policies followed by discussion and action items. During the meeting, the board approved hardware maintenance for the upcoming school year in addition to contracts for Physical and Speech Therapy Consultant Services. Payments for Port Isabel High School Learning Center and Athletic Complex were also approved.

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Permanent link to this article: https://www.portisabelsouthpadre.com/2015/06/19/piisd-considers-tax-limitation-agreement-for-annova-lng/

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