Council to discuss change to tax rebate agreement

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]The Snyder City Council will vote on another change in the city’s agreement with Marc Shipton and two companies he owns.

The new sales tax rebate agreement now includes one company that owns the 7.346-acre tract where the former Walmart is being developed into a shopping center, and the second owns a 3.637-acre tract where the former Dickey’s restaurant was located, according to Snyder City Manager Merle Taylor. The companies are called Gold Sky Capital and Power Sky Capital, and both have the same Lubbock address.
The agreement calls for Shipton to receive up to $450,000 in sales tax rebates over five years if certain employment levels are reached. Depending on the tenants, some sales goals may have to be achieved as well.
The council will also take the final votes on four ordinances that were previously approved on their first readings. The ordinances address a $2.50 monthly service charge increase for use of fire hydrants, clarify that water is not to be shared between houses, regulate the parking, storage and occupancy of recreational vehicles and grant Oncor an electric power franchise.
The council will also vote on three appointments. Two members will be appointed to the Tax Increment Financing Reinvestment Zone No. 1 and one member will be appointed to the Development Corporation of Snyder board of directors.
The council will vote on a $99,989 cubic foot side load containers. The city budgeted $100,000 for the purchase. If approved, the containers will be purchased from Wastequip in Durant, Okla.
Council members will also vote on approving the Emergency Management Finance Annex, which is part of the emergency training and response policy.
The council will discuss, but not vote on, a recent Snyder City Hall code study and building evaluation conducted by Jacob and Martin, phase III of the water line improvement project and a request for proposals for solar power.
The meeting will begin at 5:30 p.m. in the council chambers at Snyder City Hall and is open to the public. Time is set aside for the public to comment on matters not listed on the agenda.