Council Reaffirms 1,677-Acre Chapter 380 Deal

The City Council adopted Resolution 1533 to ratify and re-approve the existing Chapter 380 Economic Development Agreement with SSDC1, LLC for approximately 1,677 acres at the former Luminant/Thermo site. The resolution refines legal language and reinforces the agreement’s validity in light of recent litigation while keeping the existing incentive structure in place.

Document date · June 2, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Resolution 1533 re-adopts the previously approved Chapter 380 agreement for 1,677 acres with added clarifications; no new incentives or term extensions are granted.

Document type

Minutes

Source document

City of Sulphur Springs Minutes Regular Meeting of the City Council 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Sulphur Springs?

Ssdc1 Llc was awarded this financial services contract by City of Sulphur Springs, as recorded on June 2, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Sulphur Springs Minutes Regular Meeting of the City Council 2026-06-02 (Minutes), dated June 2, 2026 from City of Sulphur Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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