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Posted on: September 15, 2022

Notice of City Council Meeting to Consider Tax Abatement Agreement

NOTICE OF CITY OF GAINESVILLE CITY COUNCIL MEETING

TO CONSIDER THE APPROVAL OF A TAX ABATEMENT AGREEMENT

OCTOBER 18, 2022, 6:30 pm

GAINESVILLE CITY HALL, 200 S. RUSK, GAINESVILE, TEXAS

The City Council of the City of Gainesville, Texas will consider the approval of a tax abatement agreement with Thirty-Five and Liberty, LLC for which Neal Snow, Owner, has turned in an application.  The property subject to the agreement is located in Reinvestment Zone 23, which is a tract of land situated in the Sarah Smith Survey, Abstract Number 913, Cooke County Texas and being a part of a certain called 41.701 Acres tract described in the Special Warranty Deed from Viewpoint Bank to Woodcrest Alliance Limited Partnership recorded in Volume 1673, Page 576 Deed Records, Cooke County Texas, and all of Lot 2, Gainesville Outlets Addition, Phase Two, as shown on the plat thereof recorded in Cabinet A, Page 199, of the Plat Records of Cooke County, Texas within the city limits of Gainesville, being more particularly described as 4321 and 4323 North Interstate-35.  Thirty-Five and Liberty, LLC will create a distribution, retail, and service/customization center for tractors and other farm implements with an estimated investment of $31,780,000 of which $10,630,000 will be for building construction, machinery, and equipment.  

View the posted Notice (PDF)

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