PUBLIC NOTICE OF CITY COUNCIL MEETING FOR CONSIDERATION OF A TAX ABATEMENT AGREEMENT FOR PROPERTY LOCATED IN THE CITY OF MIDLOTHIAN, TEXAS
The City Council of the City of Midlothian, Texas (the "City"), following creation of Midlothian Commercial-Industrial Tax Abatement Reinvestment Zone Number 18 in the City, will consider entering into a tax abatement agreement related to property which shall be located in the Midlothian Commercial-Industrial Tax Abatement Reinvestment Zone Number 18 as follows:
1. The name of the property owner and applicant for the tax abatement agreement is Old Fort Worth Road, LLC, a Texas limited liability company.
2. The name of the reinvestment zone shall be Midlothian Commercial-Industrial Tax Abatement Reinvestment Zone Number 18 and the location is on the south side of Old Fort Worth Road in Midlothian, TX 76065, being approximately +54.538 acres comprised of Ellis Appraisal District Property Identification parcels 217786 and 217787.
3. The improvements to be included in the tax abatement agreement generally consist of the construction of a +700,000 square foot facility for the applicant’s headquarters and distribution center.
4. The estimated costs of the improvements are at least $55 million.
Pursuant to the Texas Open Meetings Act (the “Act”), the City will consider approval of the tax abatement agreement at a regularly scheduled meeting at 6:00 p.m. on June 28, 2022 in the City Council chambers in the City Hall, 104 W. Avenue E, Midlothian, Texas.
This notice shall remain continuously posted for at least 30 days prior to the meeting and shall be posted in the same manner as required by the Act for a City Council meeting.