The Pecos County Commissioners’ Court officially approved the tax abatement agreement with Desert Sky Wind Farm LP on Monday, Sept. 25.
After being on numerous agendas, the abatement agreement was approved by the court as a pilot agreement for about $170,000 per year. This would lead to a total of approximately $1.7 million for the ten-year contract.
Former EDC Director Doug May recommended the court approve the pilot agreement rather than the previously presented 80 percent tax abatement. May stated the county would benefit more from the pilot agreement because it didn’t rely the effective tax rate for the county, and that the income would not fluctuate due to a depreciation of the project.
The agreement was unanimously approved by the court.