Board to Amend Tax Abatement with Innovative Solar 245
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Description
Fisher County Hospital District is set to consider a First Amended and Restated Tax Abatement Agreement with Innovative Solar 245, LLC for a battery energy storage project. The amendment would reduce the projected improvements cost from $210 million to approximately $170 million while maintaining the project within the existing reinvestment zone.
Contract Details
Contract Amount
Estimated project cost reduced from $210,000,000 to approximately $170,000,000
Vendor
INNOVATIVE SOLAR 245 LLC
Agency
Fisher County Hospital District, TX
Contract Type
OTHER
Document Date
April 24, 2026
Renewal Info
First Amended Abatement Agreement to replace the original Tax Abatement Agreement dated January 27, 2025; terms and duration not specified in the agenda.
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