amended on 8-15-16 rattlesnake power, llc...rattlesnake power, llc chapter 313 application to brady...

RattlesnakePower,LLC

Chapter 313 Application to Brady ISD

Cummings Westlake, LLC

ATTACHMENTTOAPPLICATIONFORAPPRAISEDVALUELIMITATIONONQUALIFIEDPROPERTYBYRATTLESNAKEPOWER,LLCTOBRADYISD

TAB1

Pages1through7ofapplication.

Amended on 8-15-16

For more information, visit our website: www.TexasAhead.org/tax_programs/chapter313/50-296-A • 05-14/2 • Page 3

A p p l i c a t i o n f o r A p p r a i s e d Va l u e L i m i t a t i o n o n Q u a l i f i e d P r o p e r t yEconomic Development

and AnalysisForm 50-296-A

SECTION 2: Applicant Information (continued)

4. Authorized Company Consultant (If Applicable)

________________________________________________ ________________________________________________First Name Last Name

___________________________________________________________________________________________________Title

___________________________________________________________________________________________________Firm Name

________________________________________________ ________________________________________________Phone Number Fax Number

________________________________________________Business Email Address

SECTION 3: Fees and Payments

1. Has an application fee been paid to the school district? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

The total fee shall be paid at time of the application is submitted to the school district. Any fees not accompanying the original application shall be con-sidered supplemental payments.

1a. If yes, attach in Tab 2 proof of application fee paid to the school district.

For the purpose of questions 2 and 3, “payments to the school district” include any and all payments or transfers of things of value made to the school dis-trict or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the agreement for limitation on appraised value.

2. Will any “payments to the school district” that you may make in order to receive a property tax value limitation agreement result in payments that are not in compliance with Tax Code §313.027(i)? . . . . . . . . . . . . . . . . . . . . . . . Yes No N/A

3. If “payments to the school district” will only be determined by a formula or methodology without a specific amount being specified, could such method result in “payments to the school district” that are not in compliance with Tax Code §313.027(i)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No N/A

SECTION 4: Business Applicant Information

1. What is the legal name of the applicant under which this application is made? ______________________________________________

2. List the Texas Taxpayer I.D. number of entity subject to Tax Code, Chapter 171 (11 digits) . . . . . . . . . . . . . . . . . . . . . . . ____________________

3. List the NAICS code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ____________________

4. Is the applicant a party to any other pending or active Chapter 313 agreements? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

4a. If yes, please list application number, name of school district and year of agreement

____________________________________________________________________________________________

SECTION 5: Applicant Business Structure

1. Identify Business Organization of Applicant (corporation, limited liability corporation, etc) ________________________________________

2. Is applicant a combined group, or comprised of members of a combined group, as defined by Tax Code §171.0001(7)? . . . . . . Yes No

2a. If yes, attach in Tab 3 a copy of Texas Comptroller Franchise Tax Form No. 05-165, No. 05-166, or any other documentation from the Franchise Tax Division to demonstrate the applicant’s combined group membership and contact information.

3. Is the applicant current on all tax payments due to the State of Texas? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

4. Are all applicant members of the combined group current on all tax payments due to the State of Texas? . . . . . . . Yes No N/A

5. If the answer to question 3 or 4 is no, please explain and/or disclose any history of default, delinquencies and/or any material litigation, including litigation involving the State of Texas. (If necessary, attach explanation in Tab 3)

Brandon Westlake

Senior Tax Consultant

Cummings Westlake LLC

713-266-4456 713-266-2333

[email protected]

✔

✔

✔

Rattlesnake Power, LLC

32057445820

221115

✔

Lohn ISD, Application #1096

Limited Liability Company

✔

✔

✔

Amended on 8-15-16

For more information, visit our website: www.TexasAhead.org/tax_programs/chapter313/50-296-A • 05-14/2 • Page 5

A p p l i c a t i o n f o r A p p r a i s e d Va l u e L i m i t a t i o n o n Q u a l i f i e d P r o p e r t yEconomic Development

and AnalysisForm 50-296-A

SECTION 9: Projected Timeline

1. Application approval by school board . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _____________________

2. Commencement of construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _____________________

3. Beginning of qualifying time period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _____________________

4. First year of limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _____________________

5. Begin hiring new employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _____________________

6. Commencement of commercial operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _____________________7. Do you propose to construct a new building or to erect or affix a new improvement after your application review

start date (date your application is finally determined to be complete)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

Note: Improvements made before that time may not be considered qualified property.

8. When do you anticipate the new buildings or improvements will be placed in service? . . . . . . . . . . . . . . . . . . . . . . . . . _____________________

SECTION 10: The Property

1. Identify county or counties in which the proposed project will be located __________________________________________________

2. Identify Central Appraisal District (CAD) that will be responsible for appraising the property ______________________________________

3. Will this CAD be acting on behalf of another CAD to appraise this property? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

4. List all taxing entities that have jurisdiction for the property, the portion of project within each entity and tax rates for each entity:

County: _____________________________________ City: _____________________________________________ (Name, tax rate and percent of project) (Name, tax rate and percent of project)

Hospital District: _______________________________ Water District: _______________________________________ (Name, tax rate and percent of project) (Name, tax rate and percent of project)

Other (describe): _______________________________ Other (describe): _____________________________________ (Name, tax rate and percent of project) (Name, tax rate and percent of project)

5. Is the project located entirely within the ISD listed in Section 1? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

5a. If no, attach in Tab 6 additional information on the project scope and size to assist in the economic analysis.

6. Did you receive a determination from the Texas Economic Development and Tourism Office that this proposed project and at least one other project seeking a limitation agreement constitute a single unified project (SUP), as allowed in §313.024(d-2)? . . . . . . . . Yes No

6a. If yes, attach in Tab 6 supporting documentation from the Office of the Governor.

SECTION 11: Investment

NOTE: The minimum amount of qualified investment required to qualify for an appraised value limitation and the minimum amount of appraised value limita-tion vary depending on whether the school district is classified as Subchapter B or Subchapter C, and the taxable value of the property within the school district. For assistance in determining estimates of these minimums, access the Comptroller’s website at www.texasahead.org/tax_programs/chapter313/.

1. At the time of application, what is the estimated minimum qualified investment required for this school district? . . . . . . _____________________

2. What is the amount of appraised value limitation for which you are applying? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _____________________ Note: The property value limitation amount is based on property values available at the time of application and

may change prior to the execution of any final agreement.

3. Does the qualified investment meet the requirements of Tax Code §313.021(1)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

4. Attach a description of the qualified investment [See §313.021(1).] The description must include:a. a specific and detailed description of the qualified investment you propose to make on the property for which you are requesting an appraised

value limitation as defined by Tax Code §313.021 (Tab 7);b. a description of any new buildings, proposed new improvements or personal property which you intend to include as part of your minimum quali-

fied investment (Tab 7); andc. a detailed map of the qualified investment showing location of tangible personal property to be placed in service during the qualifying time period

and buildings to be constructed during the qualifying time period, with vicinity map (Tab 11).

5. Do you intend to make at least the minimum qualified investment required by Tax Code §313.023 (or §313.053 for Subchapter C school districts) for the relevant school district category during the qualifying time period? . . . . . . . . . . . . . . . . . . Yes No

March 29, 2016

Q1 - 2017

March 29, 2016

2018

December 2017

December 2017

✔

December 2017

McCulloch County

McCulloch CAD

✔

McCulloch, $0.483129, 100% N/A

H.O.T. Hosp. Dist., $0.122254. 100% Hickory UWCD #1, $0.035, 15%

N/A N/A

✔

✔

20,000,000.00

25,000,000.00

✔

✔

Amended on 8-15-16





TAB2ProofofPaymentofApplicationFee

Pleasefindontheattachedpage,acopyofthecheckforthe$75,000applicationfeeoriginallypaidtoBradyIndependentSchoolDistrictforthefirstsubmissionoftheapplication.AlsoattachedisacopyofthecheckforamendedapplicationfeepaidtotheSchoolDistrictforthisamendment.

Amended on 8-15-16

Tab 2

Proof of Payment of Application Fee

Proof of payment attached.

Proof of payment of filing fee received by the Comptroller of Public Accounts per TAC Rule §9.1054 (b)(5)

(Page Inserted by Office of Texas Comptroller of Public Accounts)

Amended on 8-15-16





TAB4DetailedDescriptionoftheProject

Provideadetaileddescriptionofthescopeoftheproposedproject,including,ataminimum,thetypeandplanneduseofrealandtangiblepersonalproperty,thenatureofthebusiness,atimelineforpropertyconstructionorinstallation,andanyotherrelevantinformation.Detailed Description of Project TheRattlesnakeWindProject(“Rattlesnake”orthe“Project”)isaproposedwindenergygenerationprojectlocatedinMcCullochCountyTexas.TheProjectisanticipatedtoconsistof64windturbineswhichwhenoperationalwillbecapableofgenerating160MW.AdditionalProjectfacilitieswillincludeaProjectOperationsandMaintenanceFacility,amainprojectsubstation,anda16miletransmissionlinetoconnecttheprojecttotheexistingelectricalgrid.TheProjectissituatedonanuprisingknownastheBradyMountains.Theridgelinerunspredominantlyeast‐westwhichrunsperpendiculartotheprevailingwinddirection.TheProjectareaiscomprisedalmostentirelyofrangeland(>90%),utilizedforgrazing,huntingandoff‐roadrecreationandiswellsuitedforawindfarm.Theprojectwillbelocatedonapproximately12,000acresofprivatelandwhichhasbeenleasedundera30yearwindlease.TheprojectisplannedtobeinterconnectedtoLCRA’s345kVsystemlocatedapproximately15milesnorthoftheProject.PrivateeasementshavebeenobtainedforthetransmissionlineconnectingtheprojecttoLCRA’sexistingsystem.Theproposedprojectwillincludebutisnotlimitedtothefollowing:

‐64turbines,52ofwhichwillbelocatedinBradyISD‐Therewillbeundergroundandpotentiallyoverheadmediumvoltageelectriccablingconnectingtheturbinestotheprojectsubstation.

‐Theprojectwillbeconnectedbyaseriesofprivategravelroads‐Theprojectwillrequirea345kVsubstation,thissubstationwillbelocatedinBradyISD

‐Theprojectwillhavea345kVhigh‐voltagetransmissionlinewhichwillbeapproximately16mileslong,thistransmissionlinewillbelocatedinBradyISD

‐TheprojectwillhaveasingleOperations&MaintenanceBuildingwhichwillhousespareparts,havemechanicsbaysandabout2000sqftofofficespace.ThisO&MbuildingwillbelocatedinBradyISD

Amended on 8-15-16





‐Theprojectwillhavemeteorologicalequipmenttomeasureweatherconditionsandwindspeedsfinallocationofmeasurementtower(s)willdependonthefinalturbineselectionandprojectfinancerequirements

FullconstructionoftheProjectisanticipatedtobegininthe1stQuarterof2017withcompletionbyDecember31,2017. *NOTE:ThemapinTAB11showsthepotentiallocationsofthe52windturbineswithinBradyISDboundaries;however,thefinalnumberofturbinesandthelocationofeachofthesefacilitiesisdependentuponongoingnegotiationswithpowerpurchasersandotherfactors.

Amended on 8-15-16





TAB6

Descriptionofhowprojectislocatedinmorethanonedistrict,includinglistofpercentageineachdistrictand,ifdeterminedtobeasingleunifiedproject,documentationfromtheOfficeoftheGovernor(ifapplicable)

1) McCullochCounty –100%2) BradyISD –80%3) LohnISD –20%4) H.O.T.HospitalDistrict –100%5) HickoryUWCD#1 –15%

Amended on 8-15-16





TAB7

DescriptionofQualifiedInvestmentTheRattlesnakeWindProject(“Rattlesnake”orthe“Project”)isaproposedwindenergygenerationprojectlocatedinMcCullochCountyTexas.TheProjectisanticipatedtoconsistof64windturbineswhichwhenoperationalwillbecapableofgenerating160MW.AdditionalProjectfacilitieswillincludeaProjectOperationsandMaintenanceFacility,amainprojectsubstation,anda16miletransmissionlinetoconnecttheprojecttotheexistingelectricalgrid.TheProjectissituatedonanuprisingknownastheBradyMountains.Theridgelinerunspredominantlyeast‐westwhichrunsperpendiculartotheprevailingwinddirection.TheProjectareaiscomprisedalmostentirelyofrangeland(>90%),utilizedforgrazing,huntingandoff‐roadrecreationandiswellsuitedforawindfarm.Theprojectwillbelocatedonapproximately12,000acresofprivatelandwhichhasbeenleasedundera30yearwindlease.TheprojectisplannedtobeinterconnectedtoLCRA’s345kVsystemlocatedapproximately15milesnorthoftheProject.PrivateeasementshavebeenobtainedforthetransmissionlineconnectingtheprojecttoLCRA’sexistingsystem.Theproposedprojectwillincludebutisnotlimitedtothefollowing:

‐64turbines,52ofwhichwillbelocatedinBradyISD‐Therewillbeundergroundandpotentiallyoverheadmediumvoltageelectriccablingconnectingtheturbinestotheprojectsubstation.

‐Theprojectwillbeconnectedbyaseriesofprivategravelroads‐Theprojectwillrequirea345kVsubstation,thissubstationwillbelocatedinBradyISD

‐Theprojectwillhavea345kVhigh‐voltagetransmissionlinewhichwillbeapproximately16mileslong,thistransmissionlinewillbelocatedinBradyISD

‐TheprojectwillhaveasingleOperations&MaintenanceBuildingwhichwillhousespareparts,havemechanicsbaysandabout2000sqftofofficespace.ThisO&MbuildingwillbelocatedinBradyISD

‐ The project will have meteorological equipment to measure weatherconditions and wind speeds final location of measurement tower(s) willdependonthefinalturbineselectionandprojectfinancerequirements

Amended on 8-15-16





TAB8DescriptionofQualifiedProperty

(SeeTab7)

Amended on 8-15-16





TAB11Mapsthatclearlyshow:

a) Projectvicinityb) Qualifiedinvestmentincludinglocationofnewbuildingornew

improvementsc) Qualifiedpropertyincludinglocationofnewbuildingornewimprovementsd) Existingpropertye) Landlocationwithinvicinitymapf) ReinvestmentorEnterpriseZonewithinvicinitymap,showingtheactualor

proposedboundariesandsize

Amended on 8-15-16

Brady ISD

Mason ISD

Menard ISD

Rochelle ISD

Lohn ISD

Santa Anna ISD

Panther Creek Cons ISD

Eden Cons ISD

Brookesmith ISD

Paint Rock ISD

Bangs ISD

BallingerISD

Brownwood ISD

Richland SpringsISD

McCulloch County

Coleman County

Concho County

Menard County

Mason County

Brown County

San Saba County

Runnels County

Mills Cou

MEXICO

OKLAHOMA

_̂Reinvestment Zone

Rattlesnake Wind Project

Confidential, Preliminaryand Subject to Change

This drawing is the property ofRES America Developments Inc.and no reproduction may be made inwhole or in part without permission.

COORDINATE SYSTEM: UTM Zone 14N NAD83LAYOUT NUMBER: DRAWN BY: AP Date: 8/5/2015

Renewable Energy Systems11101 W. 120th Ave., Suite 400

Broomfield, CO, 80021Phone: (303) 429-4200

Fax: (303) 429-4299

:0 75

Miles

McCulloch County, Texas

μ0 52.5

Miles

1 inch equals 2.5 miles

County Boundary

Independent School District Boundary

Reinvestment Zone

11 a & f) Vicinity Map of Project and Reinvestment Zone Amended on 8-15-16

!( !( !(

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¬«503

¬«504

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¬«504

FM765

FM765

£¤87

Melvin

")152")128

£¤87

ProposedLCRA

Bow WoodSubstation

RTS Substation

O&M FacilityLaydown Area

Brady ISD Lohn ISD

Panther Creek Cons ISD

RochelleISD

SantaAnnaISD

Santa Anna ISD

McC

ulloch

Cou

ntyC

onch

o C

oun

ty

Coleman County

Reinvestment Zone

Brady ISD

Menard ISD

Eden Cons ISD

Rochelle ISD

Mason ISD

Paint Rock ISD

Lohn ISD

Santa Anna ISDPanther Creek Cons ISDBallinger ISD

Brookesmith ISD

Rich

land

Spr

ings

ISD

McCulloch County

Concho County

Menard County

Coleman County

Mason County

Brown CountyRunnels County

San

Sab

a C

ount

y

MEXICO

OKLAHOMA

_̂Reinvestment Zone

Rattlesnake Wind Project

Confidential, Preliminary and Subject to Change

This drawing is the property ofRES America Developments Inc.and no reproduction may be made inwhole or in part without permission.

COORDINATE SYSTEM: UTM Zone 14N NAD83LAYOUT NUMBER: PUSArts228DRAWN BY: AP Date: 8/18/2016

Renewable Energy Systems11101 W. 120th Ave., Suite 400

Broomfield, CO, 80021Phone: (303) 429-4200

Fax: (303) 429-4299

:0 75

Miles

0 10

Miles

:

McCulloch County, Texas

I0 4,000

Feet1 inch equals 4,000 feet

Independent School District Boundary

County Boundary

Rattlesnake Project Boundary

Current McCulloch CountyWind Project Reinvestment Zone O&M Facility")

Substation")

Proposed Overhead Transmission

Brady ISD

Laydown Area")

Turbine!(

All improvements locatedoutside of Brady ISDboundaries are notincluded in this applicationwill not be subject to thevalue limitation in BradyISD.

11 b & c) Map of Qualified Investment & Property

Any segment of the gen-tieline located in Brady ISDthat is not contiguous withthe project area will not beQualified Property orQualified Investment.

Amended 15152016

anna734

Highlight

anna734

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TAB14

SchedulesA1,A2,B,CandDcompletedandsignedEconomicImpact(ifapplicable)

SeeattachedSchedulesA1,A2,B,CandD

Amended on 8-15-16

Date

8/8/2016A

pplicant Nam

eR

ATTLESN

AK

E POW

ER, LLC

Form 50-296A

ISD N

ame

BR

AD

Y ISDR

evised May 2014

Colum

n AC

olumn B

Colum

n CC

olumn D

Colum

n E

YearSchool Year (Y

YY

Y-Y

YY

Y)

Tax Year (F

ill in actual tax year below

) Y

YY

Y

New

investment (original cost) in tangible

personal property placed in service during this year that w

ill become Q

ualified Property

New

investment m

ade during this year in buildings or perm

anent nonremovable

components of buildings

that will becom

e Q

ualified Property

Other new

investment m

ade during this year that w

ill not become Q

ualified Property

[SE

E N

OT

E]

Other new

investment m

ade during this year that m

ay become Q

ualified Property

[SE

E N

OT

E]

Total Investment

(Sum

of Colum

ns A+

B+

C+

D)

[The only other investm

ent made before filing

complete application w

ith district that may

become Q

ualified Property is land.]

0

00

00

0

00

00

0

QT

P1

2017-20182017

165,050,000700,000

00

165,750,000

QT

P2

2018-20192018

00

00

0

165,050,000700,000

00

165,750,000

Total Qualified Investm

ent (sum of green cells)

165,750,000

For A

ll Colum

ns: List amount invested each year, not cum

ulative totals.

Colum

n A:

Colum

n B:

Colum

n C:

Colum

n D:

Total Investm

ent:A

dd together each cell in a column and enter the sum

in the blue total investment row

. Enter the data from

this row into the first row

in Schedule A

2.

Qualified Investm

ent:F

or the green qualified investment cell, enter the sum

of all the green-shaded cells.

Dollar value of other investm

ent that may affect econom

ic impact and total value. E

xamples of other investm

ent that may result in qualified property are land or professional services.

Total Investment through Q

ualifying Time Period [EN

TER this row

in Schedule A2]

This represents the total dollar am

ount of planned investment in tangible personal property. O

nly include estimates of investm

ent for "replacem

ent" property if the property is specifically described in the application.

Only tangible personal property that is specifically described in the application can becom

e qualified property.

The total dollar am

ount of planned investment each year in buildings or nonrem

ovable component of buildings.





ent that will not be

come qualified property include investm

ent meeting the definition of 313.021(1) but not creating a new

improvem

ent as defined by T

AC

9.1051. This is proposed property that

functionally replaces existing property; is used to maintain, refurbish, renovate, m

odify or upgrade existing property; or is affixed to existing property—

described in SE

CT

ION

13, question #5 of the application.

Enter amounts from

TOTA

L row above in Schedule A

2

Investment m

ade after final board approval of application and before Jan. 1 of first com

plete tax year of qualifying tim

e period

Com

plete tax years of qualifying time period

Investment m

ade before filing complete

application with district

--

Year preceding the first com

plete tax year of the qualifying

time period

(assuming no

deferrals of qualifying tim

e period)

2016

Not eligible to becom

e Qualified P

roperty

Investment m

ade after filing complete

application with district, but before final board

approval of application

Schedule A1: Total Investm

ent for Economic Im

pact (through the Qualifying Tim

e Period)

PRO

PERTY IN

VESTMEN

T AM

OU

NTS

(Estimated Investm

ent in each year. Do not put cum

ulative totals.)

Amended on 8-15-16

Date

8/8/2016A

pplicant Nam

eR

ATTLESN

AK

E POW

ER, LLC

Form 50-296A

ISD N

ame

BR

AD

Y ISDR

evised May 2014

Colum

n AC

olumn B

Colum

n CC

olumn D

Colum

n E

YearSchool Year (Y

YY

Y-Y

YY

Y)

Tax Year (F

ill in actual tax year below

) Y

YY

Y

New

investment (original cost) in tangible

personal property placed in service during this year that w

ill become Q

ualified P

roperty

New

investment m

ade during this year in buildings or perm

anent nonremovable

components of buildings

that will becom

e Q

ualified Property

Other investm

ent made during this year

that will not becom

e Qualified P

roperty [S

EE

NO

TE

]

Other investm

ent made during this year

that will becom

e Qualified P

roperty {SE

E

NO

TE

]

Total Investment

(A+

B+

C+

D)

165,050,000700,000

00

165,750,000

02017-2018

20170

00

00

12018-2019

20180

02,080,000

02,080,000

22019-2020

20190

02,080,000

02,080,000

32020-2021

20200

02,080,000

02,080,000

42021-2022

20210

02,080,000

02,080,000

52022-2023

20220

02,080,000

02,080,000

62023-2024

20230

02,080,000

02,080,000

72024-2025

20240

02,080,000

02,080,000

82025-2026

20250

02,080,000

02,080,000

92026-2027

20260

02,080,000

02,080,000

102027-2028

20270

02,080,000

02,080,000

Total Investment m

ade through limitation

165,050,000700,000

20,800,0000

186,550,000

112028-2029

20282,080,000

2,080,000

122029-2030

20292,080,000

2,080,000

132030-2031

20302,080,000

2,080,000

142031-2032

20312,080,000

2,080,000

152032-2033

20322,080,000

2,080,000

162033-2034

20332,080,000

2,080,000

172034-2035

20342,080,000

2,080,000

182035-2036

20352,080,000

2,080,000

192036-2037

20362,080,000

2,080,000

202037-2038

20372,080,000

2,080,000

212038-2039

20382,080,000

2,080,000

222039-2040

20392,080,000

2,080,000

232040-2041

20402,080,000

2,080,000

242041-2042

20412,080,000

2,080,000

252042-2043

20422,080,000

2,080,000

***

***F

or All C

olumns: List am

ount invested each year, not cumulative totals. O

nly include investments in the rem

aining rows of S

chedule A

2 that were not captured on S

chedule A1.

Colum

n A:

Colum

n B:

Colum

n C:

Colum

n D:





ent that will not be

come qualified property include investm

ent meeting the definition of 313.021(1) but not creating a new

improvem

ent as defined by T

AC

9.1051. This is proposed property that

functionally replaces existing property; is used to maintain, refurbish, renovate, m

odify or upgrade existing property; or is affixed to existing property—

described in SE

CT

ION

13, question #5 of the application.

Only investm

ent made during deferrals of the start of the lim

itation (after the end of qualifying time period but before the start of the V

alue Limitation P

eriod) should be included in the "year prior to start of value limitation period" row

(s). If the limitation starts at the end of the qualifying tim

e period or the qualifying tim

e period overlaps the limitation, no investm

ent should be included on this line.

If your qualifying time period w

ill overlap your value limitation period, do not also include investm

ent made during the qualifying tim

e period in years 1 and/or 2 of the value limitation period, depending on the overlap. O

nly include investments/years that w

ere not captured on Schedule A

1.

Value lim

itation period***

Continue to m

aintain viable presence

Each year prior to start of value lim

itation period** Insert as m

any rows as necessary

Total Investm

ent from S

chedule A1*

--





ent that may result in qualified property are land or professional services.

Additional years for 25 year econom

ic impact as required by

313.026(c)(1)

All investm

ents made through the qualifying tim

e period are captured and totaled on Schedule A

1 [blue box] and incorporated into this schedule in the first row.

This represents the total dollar am

ount of planned investment in tangible personal property. O

nly include estimates of investm

ent for "replacem

ent" property if the property is specifically described in the application.O

nly tangible personal property that is specifically described in the application can become qualified property.

TOTA

LS FRO

M SC

HED

ULE A

1Enter am

ounts from TO

TAL row

in Schedule A1 in the row

below

The total dollar am

ount of planned investment each year in buildings or nonrem

ovable component of buildings.

Schedule A2: Total Investm

ent for Economic Im

pact (including Qualified Property and other investm

ents)

PRO

PERTY IN

VESTMEN

T AM

OU

NTS

(Estimated Investm

ent in each year. Do not put cum

ulative totals.)

Amended on 8-15-16

Date

Applicant N

ame

Form 50-296A

ISD N

ame

Revised M

ay 2014

YearSchool Year (Y

YY

Y-Y

YY

Y)

Tax Year (F

ill in actual tax year) Y

YY

YE

stimated M

arket Value

of Land

Estim

ated Total M

arket V

alue of new buildings or

other new im

provements

Estim

ated Total M

arket V

alue of tangible personal property in the new

buildings or "in or on the

new im

provements"

Market V

alue less any exemptions

(such as pollution control) and before lim

itationF

inal taxable value for I&S

after all reductions

Final taxable value for

M&

O after all reductions

Each year prior to start of V

alue Limitation P

eriod Insertas

many

rows

asnecessary

02017-2018

20170

00

00

0

12018-2019

20180

679,000162,435,000

163,114,000163,114,000

25,000,000

22019-2020

20190

662,000151,065,000

151,727,000151,727,000

25,000,000

32020-2021

20200

645,500140,490,000

141,135,500141,135,500

25,000,000

42021-2022

20210

629,400130,656,000

131,285,400131,285,400

25,000,000

52022-2023

20220

613,700121,510,000

122,123,700122,123,700

25,000,000

62023-2024

20230

598,400113,004,000

113,602,400113,602,400

25,000,000

72024-2025

20240

583,400105,094,000

105,677,400105,677,400

25,000,000

82025-2026

20250

568,80097,737,000

98,305,80098,305,800

25,000,000

92026-2027

20260

554,60090,895,000

91,449,60091,449,600

25,000,000

102027-2028

20270

540,70084,532,000

85,072,70085,072,700

25,000,000

112028-2029

20280

527,20080,305,000

80,832,20080,832,200

80,832,200

122029-2030

20290

514,00076,290,000

76,804,00076,804,000

76,804,000

132030-2031

20300

501,20072,476,000

72,977,20072,977,200

72,977,200

142031-2032

20310

488,70068,852,000

69,340,70069,340,700

69,340,700

152032-2033

20320

476,50065,409,000

65,885,50065,885,500

65,885,500

162033-2034

20330

464,60062,139,000

62,603,60062,603,600

62,603,600

172034-2035

20340

453,00059,032,000

59,485,00059,485,000

59,485,000

182035-2036

20350

441,70056,080,000

56,521,70056,521,700

56,521,700

192036-2037

20360

430,70053,276,000

53,706,70053,706,700

53,706,700

202037-2038

20370

419,90050,612,000

51,031,90051,031,900

51,031,900

212038-2039

20380

409,40048,081,000

48,490,40048,490,400

48,490,400

222039-2040

20390

399,20045,677,000

46,076,20046,076,200

46,076,200

232040-2041

20400

389,20043,393,000

43,782,20043,782,200

43,782,200

242041-2042

20410

379,50041,437,500

41,817,00041,817,000

41,817,000

252042-2043

20420

370,00041,437,500

41,807,50041,807,500

41,807,500N

otes:

8/8/2016

Continue to m

aintain viable presence

Market value in future years is good faith estim

ate of future taxable value for the purposes of property taxation.O

nly include market value for eligible property on this schedule.

Additional years for

25 year economic im

pact as required by 313.026(c)(1)

Schedule B: Estim

ated Market A

nd Taxable Value (of Qualified Property O

nly)

RA

TTLESNA

KE PO

WER

, LLCB

RA

DY

ISD

Qualified Property

Estimated Taxable Value

Value Lim

itation Period

Amended on 8-15-16

Date

Applicant N

ame

Form 50-296A

ISD N

ame

Revised M

ay 2014

Non-Q

ualifying Jobs

Colum

n AC

olumn B

Colum

n CC

olumn D

Colum

n E

YearSchool Year

(YY

YY

-YY

YY

)

Tax Year (A

ctual tax year) Y

YY

Y

Num

ber of Construction

FT

E's or m

an-hours (specify)

Average annual w

age rates for construction

workers

Num

ber of non-qualifying jobs applicant estim

ates it w

ill create (cumulative)

Num

ber of new qualifying

jobs applicant comm

its to create m

eeting all criteria of S

ec. 313.021(3) (cum

ulative)A

verage annual wage of

new qualifying jobs

Each year prior to start of V

alue Limitation P

eriod Insert as m

any rows as necessary

02017-2018

2017160 F

TE

avg; 360 FT

E peak

37,5340

00

12018-2019

2018N

/ AN

/A0

444,000

22019-2020

2019N

/ AN

/A0

444,000

32020-2021

2020N

/ AN

/A0

444,000

42021-2022

2021N

/ AN

/A0

444,000

52022-2023

2022N

/ AN

/A0

444,000

62023-2024

2023N

/ AN

/A0

444,000

72024-2025

2024N

/ AN

/A0

444,000

82025-2026

2025N

/ AN

/A0

444,000

92026-2027

2026N

/ AN

/A0

444,000

102027-2028

2027N

/ AN

/A0

444,000

Years F

ollowing

Value Lim

itation Period

11 through

252028-2043

2028-2042

N/A

N/A

04

44,000

Notes:

See T

AC

9.1051 for definition of non-qualifying jobs.O

nly include jobs on the project site in this school district.

C1.

Yes

No

C1a.

Yes

No

C1b.

Yes

No

8/8/2016Schedule C

: Employm

ent Information

RA

TT

LES

NA

KE

PO

WE

R, LLC

BR

AD

Y IS

D

Construction

Qualifying Jobs

Value Lim

itation Period

The qualifying tim

e period could overlap the value lim

itation period.

If yes, answer the follow

ing two questions:

Are the cum

ulative number of qualifying jobs listed in C

olumn D

less than the number of qualifying jobs required by statute? (25

qualifying jobs in Subchapter B

districts, 10 qualifying jobs in Subchapter C

districts)

Will the applicant request a job w

aiver, as provided under 313.025(f-1)?

Will the applicant avail itself of the provision in 313.021(3)(F

)?

X

X

X

Amended on 8-15-16

Date

8/8/2016

Applicant N

ame

Form 50-296A

ISD N

ame

Revised M

ay 2014

Incentive Description

Taxing Entity (as applicable)

Beginning Year of

Benefit

Duration of B

enefitA

nnual Tax Levy without

IncentiveA

nnual IncentiveA

nnual Net Tax Levy

County:

N/A

N/A

N/A

N/A

N/A

City:

N/A

N/A

N/A

N/A

N/A

Other:

N/A

N/A

N/A

N/A

N/A

County: M

cCulloch C

ounty2018

10 Years

5,851,000$

3,176,000$

2,675,000$

City:

N/A

N/A

N/A

N/A

N/A

Other: H

.O.T

. Hosp. D

istrict2018

10 Years

649,000$

634,100$

14,900$

County:

N/A

N/A

N/A

N/A

N/A

City:

N/A

N/A

N/A

N/A

N/A

Other:

N/A

N/A

N/A

N/A

N/A

Freeport E

xemptions

N/A

N/A

N/A

N/A

N/A

N/A

Non-A

nnexation Agreem

entsN

/AN

/AN

/AN

/AN

/AN

/A

Enterprise Z

one/Project

N/A

N/A

N/A

N/A

N/A

N/A

Econom

ic Developm

ent Corporation

N/A

N/A

N/A

N/A

Texas E

nterprise Fund

N/A

N/A

N/A

N/A

Em

ployee Recruitm

entN

/AN

/AN

/AN

/A

Skills D

evelopment F

undN

/AN

/AN

/AN

/A

Training F

acility Space and E

quipment

N/A

N/A

N/A

N/A

Infrastructure IncentivesN

/AN

/AN

/AN

/A

Perm

itting Assistance

N/A

N/A

N/A

N/A

Other:

N/A

N/A

N/A

N/A

Other:

N/A

N/A

N/A

N/A

Other:

N/A

N/A

N/A

N/A

Other:

N/A

N/A

N/A

N/A

TOTA

L6,500,000

2,689,900

Schedule D: O

ther Incentives (Estimated)

BR

AD

Y IS

D

Tax C

ode Chapter 311

RA

TT

LES

NA

KE

PO

WE

R, LLC

Tax C

ode Chapter 312

Annual estim

ate of incentives are based on 10 year average

State and Local Incentives for which the A

pplicant intends to apply (Estimated)

Additional inform

ation on incentives for this project:

Local Governm

ent Code C

hapters 380/381

Amended on 8-15-16





TAB17

SignatureandCertificationpage,signedanddatedbyAuthorizedSchoolDistrictRepresentativeandAuthorizedCompanyRepresentative(applicant)

SeeAttached

Amended on 8-15-16

amended on 8-15-16 rattlesnake power, llc...rattlesnake power, llc chapter 313 application to brady...

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