via and hand delivery electronic mail: michelle.luera@cpa ... · [email protected]....

512.637.4244 | saraleonlaw.com Austin | Houston | Corpus Christi

2901 Via Fortuna, Building 6, Suite 475 Austin, Texas 78746

August 16, 2019

Via Hand Delivery and Electronic Mail: [email protected] Michelle Luera, CTCM Senior Research Analyst Data Analysis and Transparency Division Texas Comptroller of Public Accounts 111 E. 17th Street Austin, Texas 78774

Re: Application #1204 from Coyote Wind, LLC to Snyder Independent School District - Amendment #001 Transmittal Letter

Dear Ms. Luera:

This letter is in response to my email dated July 31, 2019. Enumerated below are the changes Coyote Wind, LLC has made to Application #1204:

1. Section 1 School District Information: School District Consultant updated2. Section 2 Applicant Information: Questions 1 and 4 updated3. Section 9 Projected Timeline: Revised questions 2, 4-6 and 84. Tab 4 Detailed description of the project: Revised to reflect the change in size of

individual turbines5. Tab 7 Description of Qualified Investment: Revised language based on turbine size.6. Tab 8 Description of Qualified Property: Revised language based on turbine size.7. Tab 11 Maps: Revised8. Tab 14 Schedules A1, A2, B, C and D completed and signed Economic Impact:

Revised for timing and investment9. Tab 17 Signature and Certification page: New signature page included

Thanks so much for your kind attention to this matter.

Respectfully submitted,

Sara Hardner Leon SHL/vr Enclosures

http://saraleonlaw.com/

mailto:[email protected]

2

cc: Via Electronic Mail: [email protected] Dr. J. Eddie Bland, Superintendent of Schools, Snyder Independent School District Via Electronic Mail: [email protected] Mr. Alex Eng, Vice President, Coyote Wind, LLC Via Electronic Mail: [email protected] Mr. Wes Jackson, Partner, Cummings Westlake LLC

Coyote Wind, LLC

Chapter 313 Application Snyder ISD

ATTACHMENT TO APPLICATION FOR APPRAISED VALUE LIMITATION ON QUALIFIED PROPERTY BY COYOTE WIND, LLC TO SNYDER ISD

TAB 1

Pages 2, 3 and 5 of application

1204-Snyder ISD-Coyote Wind LLC-Amendment 001

Texas Comptroller of Public AccountsData Analysis and

Transparency Form 50-296-A

For more information, visit our website: comptroller.texas.gov/economy/local/ch313/ Page 2

50-296-A • 03-17/3

SECTION 1: School DIstrict Information (continued)3. Authorized School District Consultant (If Applicable)

________________________________________________First Name Last Name

___________________________________________________________________________________________________Title

___________________________________________________________________________________________________Firm Name

________________________________________________Phone Number Fax Number

________________________________________________Mobile Number

4. On what date did the district determine this application complete?

5. Has the district determined that the electronic copy and hard copy are identical?

________________________________________________

________________________________________________

________________________________________________ (optional) Email Address

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ____________________

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

SECTION 2: Applicant Information

1. Authorized Company Representative (Applicant)


________________________________________________Title Organization

___________________________________________________________________________________________________Street Address

___________________________________________________________________________________________________Mailing Address

________________________________________________City State ZIP


________________________________________________Mobile Number (optional) Business Email Address

________________________________________________

________________________________________________

____________________________

________________________________________________

________________________________________________

_________________

2. Will a company official other than the authorized company representative be responsible for responding to futureinformation requests? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

2a. If yes, please fill out contact information for that person.


________________________________________________Title Organization

___________________________________________________________________________________________________Street Address

___________________________________________________________________________________________________Mailing Address

________________________________________________City State ZIP


________________________________________________Mobile Number

________________________________________________

________________________________________________

____________________________ _________________

________________________________________________

________________________________________________ (optional) Business Email Address

3. Does the applicant authorize the consultant to provide and obtain information related to this application? . . . . . . . . . . . . . . . . . . Yes No

Sara Leon

Principal

Sara Leon & Associates, LLC

(512) 637-4244 (512) 379-0316

[email protected]

July 13, 2017

✔

Alex Eng

Vice President Coyote Wind, LLC

15445 Innovation Drive

15445 Innovation Drive

San Diego CA 92128

(858) 521-3354

[email protected]

✔

✔





50-296-A • 03-17/3

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 considered 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 district 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)?

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

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? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4. Are all applicant members of the combined group current on all tax payments due to the State of Texas? . . . . . . .

Yes No

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)

Wes Jackson

Partner

Cummings Westlake LLC

(713) 266-4456 (713) 266-2333

[email protected]

✔

✔

Coyote Wind, LLC

✔

✔

✔

32060816728

221115

Limited Liability Corporation

✔

✔





50-296-A • 03-17/3

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: InvestmentNOTE: The minimum amount of qualified investment required to qualify for an appraised value limitation and the minimum amount of appraised value limitation 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 comptroller.texas.gov/economy/local/ch313/.

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

qualified 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

9/142017

Q3 2019

9/14/2017

2021

Q4 2020

Scurry

Scurry County CAD

Q4 2020

✔

Q4 2020

Scurry County, 0.38, 100%

Cogdell Hospital, 0.294713, 100%

Western Texas College, 0.33, 100%

✔

✔

✔

✔

✔

30,000,000.00

30,000,000.00


Coyote Wind, LLC



TAB 4

Detailed Description of the Project

Provide a detailed description of the scope of the proposed project, including, at a minimum, the type and planned use of real and tangible personal property, the nature of the business, a timeline for

property construction or installation, and any other relevant information. Coyote Wind, LLC (Coyote Wind) is requesting to amend the appraised value limitation from Snyder Independent School District (ISD) for the Coyote Wind Project (the “Project”), a proposed wind powered electric generating facility in Scurry County. The proposed Snyder ISD Project (this amendment to the application) will be constructed within the Dermott Wind Reinvestment Zone No. 1 created by Scurry County on March 1, 2016. A map showing the location of the project is included in TAB 11. The proposed Project is anticipated to have a capacity of approximately 242.5 MW located in Snyder ISD. The exact number and location of wind turbines and size of each turbine will vary depending upon ongoing wind and siting analysis, turbine manufacturer’s availability, prices, and the megawatt generating capacity of the Project when completed. Current estimated plans are to install 48 of the 4.50 MW Siemens and 11 of the 2.415 Siemens turbines with all turbines located in Snyder ISD. The Applicant requests a value limitation for all facilities and equipment installed for the Project, including but not limited to, wind turbines, towers, foundations, roadways, O&M building, meteorological towers, collection system, communication system, electric substation, electric switchyard, electric transformers, generation transmission line and associated towers, and interconnection facilities. Full construction of the Project is anticipated to begin in the 3rd Quarter of 2019 with completion by December 31, 2020. *NOTE: The map in TAB 11 shows the potential locations of the 59 wind turbines, O&M building and the collector substation, all being within Snyder ISD boundaries; however, the final number of turbines and the location of each of these facilities is dependent upon ongoing siting analysis.


Coyote Wind, LLC



TAB 7

Description of Qualified Investment Coyote Wind, LLC plans to construct a 242.5 MW wind farm in Scurry County. This application covers all qualified property within Snyder ISD necessary for the commercial operations of the proposed wind farm described in Tab 4. Two hundred forty-two and one half megawatts (242.5 MW) will be located in Snyder ISD. Turbine placement is subject to change but for purposes of this application, the Project anticipates using 48 of the 4.50 MW and 11 of the 2.415 MW manufactured by Siemens. This application covers all qualified investment and qualified property necessary for the commercial operations of the wind farm. Qualified Investment and qualified property includes, but is not limited to, turbines, towers, foundations, transformers, pad mounts, O&M building, underground collection systems, electric substation, generation transmission lines, electrical interconnections, met towers, roads, and control systems necessary for commercial generation of electricity. *NOTE: The map in TAB 11 shows the potential locations of the 59 wind turbines, O&M building and the collector substation, all being within Snyder ISD boundaries; however, the final number of turbines and the location of each of these facilities is dependent upon ongoing siting analysis.


Coyote Wind, LLC



TAB 8

Description of Qualified Property

Coyote Wind, LLC plans to construct a 242.5 MW wind farm in Scurry County.

This application covers all qualified property within Snyder ISD necessary for the commercial operations of the proposed wind farm described in Tab 4. Two hundred forty-two and one half megawatts (242.5 MW) will be located in Snyder ISD. Turbine placement is subject to change but for purposes of this application, the Project anticipates using 48 of the 4.50 MW and 11 of the 2.415 MW manufactured by Siemens.

This application covers all qualified investment and qualified property necessary for the commercial operations of the wind farm.

Qualified Investment and qualified property includes, but is not limited to, turbines, towers, foundations, transformers, pad mounts, O&M building, underground collection systems, electric substation, generation transmission lines, electrical interconnections, met towers, roads, and control systems necessary for commercial generation of electricity.

*NOTE: The map in TAB 11 shows the potential locations of the 59 wind turbines, O&M building andthe collector substation, all being within Snyder ISD boundaries; however, the final number ofturbines and the location of each of these facilities is dependent upon ongoing siting analysis.


Coyote Wind, LLC



TAB 11

Maps that clearly show: a) Project vicinity b) Qualified investment including location of new building or new improvements c) Qualified property including location of new building or new improvements d) Existing property e) Land location within vicinity map f) Reinvestment or Enterprise Zone within vicinity map, showing the actual or proposed

boundaries and size


Service Layer Credits: S

ources: Esri, HER

E,G

armin, U

SG

S, Interm

ap, INC

REM

ENT P,

NR

Can, E

sri Japan, ME

TI, Esri China (H

ongKong), Esri K

orea, Esri (Thailand), N

GC

C, ©

OpenS

treetMap contributors, and the G

ISU

ser Com

munity

30

2627

2829

3233

3940

4248

38

37

3635

4546

34

2018

46

7

8

3

1

10

1216

2325

47

43

21

19

31

41 2224

5

2

9

1315

17

44

14

5049

53

5957

58

5152

5554

56

11

CO

YOTE PR

OJEC

T LOC

ATION

Scurry County, Texas

F-1

Sources: ©2019 EDF, ESRI, Ventyx | G:\Projects\USA_South\Coyote\05_GIS\052_MapDocs\Tax_Abatement_General_Layout.mxd | Last Updated 8/2/2019 by craig.weber

Planned Wind Turbine

Project Boundary

01

2M

iles

Project Location

TEXAS

Project Location

SCURRY

COUNTY


Service Layer Credits: S

ources: Esri, HER

E,G

armin, Interm

ap, increment P C

orp.,G

EBCO

, USG

S, FAO, N

PS, NR

CAN

,G

eoBase, IG

N, K

adaster NL, O

rdnanceSurvey, E

sri Japan, ME

TI, Esri China (H

ongKong), (c) O

penStreetM

ap contributors, and

Derm

ottSw

itchingStation PO

I

County Road 1119

Fm 1142

State Hwy 208

Us Hwy 84

Ramp

County R

oad 2128County Road 267

County Road 1117

N State Highway 208

N Ennis Creek Rd

County R

oad 1116

County R

oad 1152Lois Ln

FullerR

anchR

d

County Road 2127

County R

oad 278

County Road 1105

Ranch

Road 1611

County Road 127

County R

oad 2136

County R

oad 258

CountyRoad1161

N County Road 253 County Road 2105

County R

oad 176

N Us Hwy 84

County R

oad 1138

W Ennis C

reek Rd

County Road 2137

ProjectSubstation

O&

M

Co-Tenant

Switchyard

PM02

PM04

PM07 50

49

53

5957

58

5152

5554

56

30

2627

2829

3233

3940

4248

38

37

3635

4546

34

2018

46

7

8

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YOTE PR

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ounty, TexasF-2

Sources: ©2019 EDF, ESRI, Ventyx | G:\Projects\USA_South\Coyote\05_GIS\052_MapDocs\Tax_Abatement_Detailed_Layout.mxd | Last Updated 8/2/2019 by craig.weber

Project Boundary

Wind Turbine (SG

-145)

Wind Turbine (SW

T-108)

Permanent M

et Tower

Access Road

Buried Collector C

able

O&M

Building

Coyote Project Substation

Co-Tenant Sw

itchyard

Derm

ott Switching Station PO

I

Planned 345 kV T-Line

Existing 345 kV T-Line

Reinvestm

ent Zone

US or State H

ighway

Local Road

Other Local R

oad

01

2M

iles

Snyder ISDReinvestm

entZone


Coyote Wind, LLC



TAB 14

Schedules A1, A2, B, C and D completed and signed Economic Impact (if applicable)

See attached Schedules A1, A2, B, C and D


Date

8/2/2019Applicant N

ame

Coyote W

ind, LLCForm

50-296A

ISD N

ame

Snyder ISDR

evised May 2014

Colum

n AC

olumn B

Colum

n CC

olumn D

Colum

n E

YearSchool Year (YYYY-

YYYY)

Tax Year (Fill in actual tax year below

) YYYY

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 w

ill become

Qualified Property

Other new

investment m

ade during this year that w

ill not become Q

ualified Property [SEE N

OTE]

Other new

investment m

ade during this year that m

ay become Q

ualified Property [SEE N

OTE]

Total Investment

(Sum of C

olumns A+B+C

+D)

[The only other investment m

ade before filing com

plete application with district that m

ay becom

e Qualified Property is land.]

0

00

00

0

00

00

0

QTP

12018-2019

20180

00

00

QTP

22019-2020

201953,204,500

00

053,204,500

53,204,5000

00

53,204,500

Total Qualified Investm

ent (sum of green cells)

53,204,500

For All C

olumns: List am

ount invested each year, not cumulative totals.

Colum

n A:

Colum

n B:

Colum

n C:

Colum

n D:

Total Investment:

Add together each cell in a colum

n and enter the sum in the blue total investm

ent row. E

nter the data from this row

into the first row in S

chedule A2.

Qualified Investm

ent:For the green qualified investm

ent cell, enter the sum of all the green-shaded cells.

Not eligible to becom

e Qualified Property

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 AMO

UN

TS

(Estimated Investm

ent in each year. Do not put cum

ulative totals.)

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 complete tax

year of the qualifying tim

e period (assum

ing no deferrals of qualifying

time period)

2017

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 amount of planned investm

ent in tangible personal property. Only include estim

ates of investment 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.

The total dollar amount of planned investm

ent each year in buildings or nonremovable com

ponent of buildings.D

ollar value of other investment that m

ay affect economic im

pact and total value. Exam

ples of other investment that w

ill not become qualified property include investm

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

improvem

ent as defined by TAC

9.1051. This is proposed property that functionally replaces existing property; is used to m

aintain, refurbish, renovate, modify or upgrade existing property; or is affixed to existing property—

described in SE

CTIO

N 13, question #5 of the application.

Enter amounts from

TOTA

L row above in Schedule A

2


Date

8/2/2019Applicant N

ame

Coyote W

ind, LLCForm

50-296A

ISD N

ame

Snyder ISDR

evised May 2014

Colum

n AC

olumn B

Colum

n CC

olumn D

Colum

n E

YearSchool Year (YYYY-YYYY)

Tax Year

(Fill in actual tax year below

) YYYY

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 w

ill become

Qualified Property

Other investm

ent made during this year that

will not becom

e Qualified Property [SEE

NO

TE]

Other investm

ent made during this year that

will becom

e Qualified Property {SEE N

OTE]

Total Investment

(A+B+C+D

)

53,204,5000

00

53,204,500

02020-2021

2020211,818,000

1,000,0000

0212,818,000

12021-2022

20210

00

00

22022-2023

20220

00

00

32023-2024

20230

00

00

42024-2025

20240

00

00

52025-2026

20250

00

00

62026-2027

20260

00

00

72027-2028

20270

00

00

82028-2029

20280

00

00

92029-2030

20290

00

00

102029-2030

20300

00

00

Total Investment m

ade through limitation

265,022,5001,000,000

00

266,022,50011

2030-20312031

00

122031-2032

20320

013

2032-20332033

00

142033-2034

20340

015

2034-20352035

00

162035-2036

20360

017

2036-20372037

00

182037-2038

20380

019

2038-20392039

00

202039-2040

20400

021

2040-20412041

00

222041-2042

20420

023

2042-20432043

00

242043-2044

20440

025

2044-20452045

00

***

***For A

ll Colum

ns: List amount invested each year, not cum

ulative totals. Only include investm

ents in the remaining row

s of Schedule A

2 that were not captured on S

chedule A1.

Colum

n A:

Colum

n B:

Colum

n C:

Colum

n D:

Schedule A2: Total Investm

ent for Economic Im

pact (including Qualified Property and other investm

ents)

PRO

PERTY IN

VESTMEN

T AMO

UN

TS

(Estimated Investm

ent in each year. Do not put cum

ulative totals.)

Total Investment from

Schedule A

1*--

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.

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 amount of planned investm

ent in tangible personal property. Only include estim

ates of investment 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.

TOTALS FR

OM

SCH

EDU

LE A1Enter am

ounts from TO

TAL row

in Schedule A1 in the row

below

The total dollar amount of planned investm

ent each year in buildings or nonremovable com

ponent of buildings.D

ollar value of other investment that m

ay affect economic im

pact and total value. Exam

ples of other investment that w

ill not become qualified property include investm

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

improvem

ent as defined by TAC

9.1051. This is proposed property that functionally replaces existing property; is used to m

aintain, refurbish, renovate, modify or upgrade existing property; or is affixed to existing property—

described in SE

CTIO

N 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 many row

s as necessary


Date

Applicant Nam

eForm

50-296AISD

Nam

eR

evised May 2014

YearSchool Year

(YYYY-YYYY)

Tax Year (Fill in actual tax year) YYYY

Estimated M

arket Value of Land

Estimated Total M

arket Value of new

buildings or other new

improvem

ents

Estimated Total M

arket Value of tangible personal

property in the new

buildings or "in or on the new

improvem

ents"

Market Value less any exem

ptions (such as pollution control) and

before limitation

Final taxable value for I&S after all reductions

Final taxable value for M&O

after all reductions

Each year prior to start of Value Lim

itation Period Insert as m

any rows as necessary

02020-2021

20200

015,961,350

15,961,35015,961,350

15,961,3501

2021-20222021

0980,000

254,421,600255,401,600

255,401,60030,000,000

22022-2023

20220

921,200234,067,872

234,989,072234,989,072

30,000,0003

2023-20242023

0865,928

215,342,442216,208,370

216,208,37030,000,000

42024-2025

20240

813,972198,115,047

198,929,019198,929,019

30,000,0005

2025-20262025

0765,134

182,265,843183,030,977

183,030,97730,000,000

62026-2027

20260

719,226167,684,576

168,403,802168,403,802

30,000,0007

2027-20282027

0676,072

154,269,810154,945,882

154,945,88230,000,000

82028-2029

20280

635,508141,928,225

142,563,733142,563,733

30,000,0009

2029-20302029

0597,378

130,573,967131,171,344

131,171,34430,000,000

102030-2031

20300

561,535120,128,050

120,689,584120,689,584

30,000,00011

2031-20322031

0527,843

110,517,806111,045,648

111,045,648111,045,648

122032-2033

20320

496,172101,676,381

102,172,553102,172,553

102,172,55313

2033-20342033

0466,402

93,542,27194,008,673

94,008,67394,008,673

142034-2035

20340

438,41886,058,889

86,497,30786,497,307

86,497,30715

2035-20362035

0412,113

79,174,17879,586,291

79,586,29179,586,291

162036-2037

20360

387,38672,840,244

73,227,63073,227,630

73,227,63017

2037-20382037

0364,143

67,013,02467,377,167

67,377,16767,377,167

182038-2039

20380

342,29461,651,982

61,994,27661,994,276

61,994,27619

2039-20402039

0321,757

56,719,82457,041,580

57,041,58057,041,580

202040-2041

20400

302,45152,182,238

52,484,68952,484,689

52,484,68921

2041-20422041

0284,304

48,007,65948,291,963

48,291,96348,291,963

222042-2043

20420

267,24644,167,046

44,434,29244,434,292

44,434,29223

2043-20442043

0251,211

40,633,68240,884,893

40,884,89340,884,893

242044-2045

20440

236,13837,382,988

37,619,12637,619,126

37,619,12625

2045-20462045

0221,970

34,392,34934,614,319

34,614,31934,614,319

Notes:

Schedule B: Estim

ated Market And Taxable Value (of Q

ualified Property Only)

Coyote W

ind, LLCSnyder ISD

Qualified Property

Estimated Taxable Value

Value Limitation Period

8/2/2019

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 econom

ic impact

as required by 313.026(c)(1)


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

FTE's or m

an-hours (specify)

Average annual w

age rates for construction w

orkers

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

02019-2020

2019100 FTE

52,5000

00

02020-2021

2020200 FTE

52,5000

00

12021-2022

2021N

/AN

/A0

646,000

22022-2023

2022N

/AN

/A0

646,000

32023-2024

2023N

/AN

/A0

646,000

42024-2025

2024N

/AN

/A0

646,000

52025-2026

2025N

/AN

/A0

646,000

62026-2027

2026N

/AN

/A0

646,000

72027-2028

2027N

/AN

/A0

646,000

82028-2029

2028N

/AN

/A0

646,000

92029-2030

2029N

/AN

/A0

646,000

102029-2030

2030N

/AN

/A0

646,000

Years Follow

ing V

alue Limitation P

eriod

11 through

252030-2046

2031-2045

N/A

N/A

06

46,000

Notes:

See TA

C 9.1051 for definition of non-qualifying jobs.

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

C1.

Yes

No

C1a.

Yes

No

C1b.

Yes

No

Schedule C: Em

ployment Inform

ation

Coyote W

ind, LLCS

nyder ISD

Construction

Qualifying Jobs

Each year prior to start of V

alue Limitation P

eriodInsert as m

any rows as necessary

Value Lim

itation Period

The qualifying time period could overlap the

value limitation 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)?

8/2/2019

X

X

X


Date

8/2/2019Applicant 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

enefitAnnual Tax Levy w

ithout IncentiveAnnual Incentive

Annual 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: S

curry County (see N

ote 2)2021

10 Years

$904,671$662,671 (eff. 73.25%

)$242,000

City:

N/A

N/A

N/A

N/A

N/A

Other: W

estern Texas College (see N

ote 3)2021

10 Years

$785,636$538,796 (eff. 68.58%

)$246,840

Other: S

curry County H

ospital District (see N

ote 4)2021

10 Years

$701,627$508,027 (eff. 72.41%

)$193,600

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 Exem

ptionsN

/AN

/AN

/AN

/AN

/AN

/AN

on-Annexation A

greements

N/A

N/A

N/A

N/A

N/A

N/A

Enterprise Zone/P

rojectN

/AN

/AN

/AN

/AN

/AN

/AE

conomic D

evelopment C

orporationN

/AN

/AN

/AN

/ATexas E

nterprise FundN

/AN

/AN

/AN

/AE

mployee R

ecruitment

N/A

N/A

N/A

N/A

Skills D

evelopment Fund

N/A

N/A

N/A

N/A

Training Facility Space and E

quipment

N/A

N/A

N/A

N/A

Infrastructure IncentivesN

/AN

/AN

/AN

/AP

ermitting A

ssistanceN

/AN

/AN

/AN

/AO

ther:N

/AN

/AN

/AN

/AO

ther:N

/AN

/AN

/AN

/AO

ther:N

/AN

/AN

/AN

/AO

ther:N

/AN

/AN

/AN

/A

TOTAL

2,391,934682,440

Schedule D: O

ther Incentives (Estimated)

Snyder IS

D

Tax Code C

hapter 311

Tax Code C

hapter 312

Coyote W

ind, LLC

State and Local Incentives for which the Applicant intends to apply (Estim

ated)

Additional inform

ation on incentives for this project:

Local Governm

ent Code C

hapters 380/381


Coyote Wind, LLC



TAB 17

Signature and Certification Page; signed and dated by Authorized School District Representative and Authorized Company Representative (applicant)

See Attached


via and hand delivery electronic mail: michelle.luera@cpa ... · [email protected]....

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