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San Patricio County OKs tax abatements for Exxon

By BY CHRIS RAMIREZ - CORPUS CHRISTI CALLER-TIMES
March 20, 2017 at 10:06 p.m.
Updated March 21, 2017 at 6 a.m.

Barges are loaded with gravel at the Port of Victoria.

Barges are loaded with gravel at the Port of Victoria.   Casey Jackson for The Victoria Advocate

SINTON - San Patricio County commissioners on Monday approved tax breaks for ExxonMobil Corp., clearing the way for the petrochemical giant to bring the world's largest ethylene plant to the Gulf Coast.

County Judge Terry Simpson said the 4-1 vote authorizing the Chapter 312 tax abatement was in line with the sentiment of many in the county. They want officials to stem climbing unemployment in the county and do more to cultivate job growth.

"The majority of this community ... needs these jobs," Simpson said. "They need this company."

ExxonMobil has an option on a 1,300-acre parcel at Farm-to-Market Road 2986 and U.S. Highway 181. The land is among four sites being considered for the plant, which, if built, would be capable of producing 1.8 million tons of ethylene each year.

In a separate action, the commission unanimously approved establishing a reinvestment zone for the project.

To read more of this story, visit caller.com.


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