CONTRACTAPPROVED

Texarkana College Awards Financial Services Contract to Exso LLC Dba Energyx (May 2026)

Texarkana College logoTexarkana College
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

What it covers

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.

Who holds it

Exso LLC Dba Energyx holds this financial services contract with Texarkana College.

What happens next

Term as filed: 10 years; 90% abatement years 1-6, 60% year 7, 40% year 8, 20% year 9, 10% year 10.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

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
Source document
Texarkana College Official Board of Trustees Meeting Minutes 2026-05-18 (Minutes)

More Texarkana College contracts

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.

Show 1 more question

What is Texarkana College currently buying?

Explore Texarkana College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →