City of Karnes City Council Meeting Minutes April 2026
Reinvestment Zone Board OKs Tax Abatement Deal
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Description
The Board of Directors for Karnes City Reinvestment Zone No. 1 approved a proposed 10-year tax abatement agreement with Krishna Karnes Real Estate, LLC. The agreement supports planned private improvements within the zone.
Contract Details
Vendor
KRISHNA KARNES REAL ESTATE LLC
Agency
City of Karnes, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 7, 2026
Contract Term
10 years
Renewal Date
2036-04-07
Renewal Info
Initial approval of a 10-year tax abatement agreement; no renewal or extension options noted.
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