Texarkana College Awards Financial Services Contract to Exso LLC Dba Energyx (May 2026)
- Disclosed value
- Property tax abatement on approximately $900 million to $1 billion in new construction and equipment (personal property)
- From minutes
- Approved
- May 18, 2026
The 30-second brief
Texarkana College Board approved a 10-year property tax abatement agreement with EXSO, LLC (EnergyX) for a new lithium carbonate demonstration facility with an estimated $900 million to $1 billion in new construction and equipment. The abatement follows the college’s standard declining-percentage schedule and supports significant job creation in Bowie County.
Exso LLC Dba Energyx holds this financial services contract with Texarkana College.
Term as filed: 10 years; 90% abatement years 1-6, 60% year 7, 40% year 8, 20% year 9, 10% year 10.
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Contract details
- Contract type
- Financial Services
- Amount
- Property tax abatement on approximately $900 million to $1 billion in new construction and equipment (personal property)
- Document date
- May 18, 2026
- Term
- 10 years; 90% abatement years 1-6, 60% year 7, 40% year 8, 20% year 9, 10% year 10
- Vendor
- Exso LLC Dba Energyx
- Agency
- Texarkana College
- Source document
- Texarkana College Official Board of Trustees Meeting Minutes 2026-05-18 (Minutes)
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Questions about this contract
Who was awarded the financial services contract by Texarkana College?
Exso LLC Dba Energyx was awarded this financial services contract by Texarkana College, as recorded on May 18, 2026. The contract value is Property tax abatement on approximately $900 million to $1 billion in new construction and equipment (personal property).
How much is the Exso LLC Dba Energyx contract with Texarkana College worth?
The Exso LLC Dba Energyx contract with Texarkana College is valued at Property tax abatement on approximately $900 million to $1 billion in new construction and equipment (personal property), covering financial services work.
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 Texarkana College Official Board of Trustees Meeting Minutes 2026-05-18 (Minutes), dated May 18, 2026 from Texarkana College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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