Taylor ISD accepts application for Chapter 313 tax limitation, signaling potential development from unnamed corporation

The Taylor ISD board of trustees met June 30 and approved an application for property tax value limitation. (Brooke Sjoberg/Community Impact Newspaper)
The Taylor ISD board of trustees met June 30 and approved an application for property tax value limitation. (Brooke Sjoberg/Community Impact Newspaper)

The Taylor ISD board of trustees met June 30 and approved an application for property tax value limitation. (Brooke Sjoberg/Community Impact Newspaper)

The board of trustees for Taylor ISD, located in eastern Williamson County, approved an application for property tax value limitation at its June 30 meeting.

The board authorized Superintendent Devin Padavil to enter into an economic development agreement for Project Colin and to utilize the law firm O’Hanlon & Associates to help negotiate proceedings, Padavil told Community Impact Newspaper.

TSD Public Information Officer Tim Crow declined to provide to Community Impact Newspaper how large of a limitation was approved nor how long it would last or who it was from as the project name does not belong to an existing business. The approval of this application for Project Colin does not indicate an effective value limitation as it will need to receive final approval from the Texas comptroller’s office.

The state's Tax Code Chapter 313 value limitations allow businesses to enter into agreements with school districts to limit how much property taxes they pay for a set amount of time. The applicant agrees to build or install on a property and create jobs in exchange for this limitation.

Community Impact Newspaper obtained this information from the district, but was unable to obtain a recording of the meeting as “the feed cut off unintentionally,” Padavil said.

The deal to limit appraised value on qualified property is similar to action Del Valle ISD took just over a year ago, when the school district in southeast Travis County voted to limit the appraised value of a potential Tesla gigafactory to $80 million for at least 10 years, creating a tax incentive for the company of about $46.7 million.

Many companies have been eyeing Austin and its suburbs for expansion and development, including Apple, Visa and Amazon, which did not select the city for its HQ2 project in 2018.

Most recently, Samsung Semiconductor sought a 100% tax abatement for 20 years as incentive to bring its 6.1 million-square-foot chipmaking plant to the area. That facility would have come with a $17 billion investment—$6 billion in structure and other real estate developments and $11 billion worth of personal property in machinery and equipment.

Community Impact Newspaper reported Jan. 28 the project would have been among the largest single economic investments in Texas history and the largest single investment in the Austin area, easily surpassing recent billion-dollar projects such as the Tesla gigafactory in 2020 and the Apple campus in 2018.

Community Impact Newspaper will continue to follow this story as it develops.

Brian Rash contributed to this report.
By Brooke Sjoberg
Brooke Sjoberg is the Round Rock reporter for the Round Rock and Pflugerville/Hutto editions of Community Impact Newspaper. She worked for The Gonzales Inquirer, The Daily Texan and The Daily Dot among other publications before coming to Community Impact. Brooke is from Seguin, TX and graduated from The University of Texas at Austin in 2020. Her last name is pronounced Show-burg.


Chick-fil-A will open a location in downtown Austin on July 29. (Courtesy Chick-fil-A)
Chick-fil-A coming to downtown Austin; Dutch Bros Coffee opens in Round Rock and more Central Texas news

Located at 600 Congress Ave., Ste. C150, the newest outpost for the fast-food fried chicken giant is locally owned by Luke Steigmeyer.

Legacy Senior Residences II is the second affordable housing development under construction by developer Cornerstone Associates LLC. (Brooke Sjoberg/Community Impact Newspaper)
Affordable senior living development coming to Red Bud Ln. in Round Rock in Aug. 2022

An affordable senior housing development in Round Rock will complete construction in August 2022.

State Rep. Vikki Goodwin, D-Austin sent a letter July 23 urging Gov. Greg Abbott to allow schools to require masks. (Courtesy Adobe Stock)
Texas state reps. call on Abbott to permit school mask mandates amid rising COVID-19 cases

The letter, spearheaded by Rep. Vikki Goodwin, called upon Gov. Greg Abbott and Texas Education Agency Commissioner Mike Morath to permit school districts to enact mask mandates and provide virtual learning options.

The coffee chain offers hot and cold beverages, such as cold brew and frozen coffee as well as its own energy drink and muffins. (Brooke Sjoberg/Community Impact Newspaper)
Dutch Bros Coffee opens in Round Rock

Dutch Bros Coffee held a grand opening for its 1700 E. Palm Valley Blvd., Ste. 850, Round Rock, location July …

The city’s first railroad quiet zone went into effect July 6, restricting train operators from blowing horns from CR 172 to Burnet Road, according to a press release from the city. (Taylor Jackson Buchanan/Community Impact Newspaper)
Round Rock implements first phase of railroad quiet zone

Phase 1 the city of Round Rock's railroad quiet zone went into effect July 6.

Leander Marketplace PUD would be located at the northeast corner of Hero Way and US 183. (Screenshot courtesy city of Leander)
Leander eyes development with restaurants, retail; Bin Drop opens in New Braunfels and more top Central Texas news

Read the top business and community news from the past week from the Central Texas area.

Round Rock City Council approved rezoning of property around the Dell campus to allow for its use as a data center. (Courtesy Switch)
Round Rock City Council rezones property near Dell HQ for Switch

Round Rock City Council approved a rezoning of property adjacent to the Dell Technologies global headquarters, which will be occupied by Switch's data center, July 22.

A planned unit development intended to be occupied entirely by rental units was unanimously approved for rezoning by Round Rock City Council on July 22. (Courtesy city of Round Rock)
Round Rock officials approve zoning change for Bell Yard rental community

Round Rock City Council approves rezoning of property for the Bell Yard planned unit development, which will be made up entirely of rental homes.

Round Rock ISD announced July 22 that a virtual learning option would be provided for students in kindergarten through sixth grade, citing COVID-19 vaccine availability and Williamson County's recent increase in reported cases. (Community Impact Newspaper staff)
Round Rock ISD announces virtual learning for grades K-6 this fall

Round Rock ISD announced July 22 that it will offer virtual learning for students in kindergarten through sixth grade and release its COVID-19 safety plan July 29.

Mortgage purchase applications are down year over year, but the Austin housing market remains hot. (Benton Graham/Community Impact Newspaper)
Austin housing market still hot but showing signs of slowing down

Experts say that a decrease in mortgage purchase applications points to “a reversion back to norm” in the Austin housing market.

Peter Lake (left), chair of the Public Utility Commission of Texas, and Brad Jones, interim president and CEO of the Electric Reliability Council of Texas, provided an update on state regulators' electric grid redesign efforts in Austin on July 22. (Ben Thompson/Community Impact Newspaper)
Regulators: Texas electric grid prepared for potentially record-breaking demand next week; 'once-in-a-generation reforms' underway

The heads of the agencies in charge of the Texas electric grid met in Austin on July 22 to provide updates on their grid reform efforts.