Description of Qualified Investment Sample Clauses

Description of Qualified Investment. Below is a list of the new major equipment that will be considered Qualified Investment • Separators • Columns • Drums • Process Vessels • Auto thermal reformer • Methanol reactor • Steam drums • Motors • Exchangers • Preheaters • Heaters • Superheaters • Blowers and associated motors • Absorbers • Saturators • Boilers • Compressors • Pumps and associated motors • Filters • Flare • Scrubbers • Water Deaerators • Process Tanks • Electrical Switchgear and main electrical componentsElectrical Substation • Transformers • Power Distribution Center • Instrumentation equipment • Control Equipment & Room • Loading and unloading equipment and road works Also included in this application are all of the associated concrete foundations, pipe supports, intra- plant piping, intra-plant conduit and connections, control loops, safety systems, fire water protection, insulation, pollution control equipment and utilities necessary to safely operate the new equipment. TAB 8
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Description of Qualified Investment. Capacity Updated;
Description of Qualified Investment. The Parties to this Agreement mutually understand that the project set forth in the Application is being constructed in an existing building. Applicant’s execution of the project set forth in the Application will require significant modifications to the existing structure. Under the provisions of Chapter 313 of the Texas Property Tax Code the taxable value of real estate improvements and/ or business personal property which are in existence prior to the approval of an Application are not eligible to be considered as Qualifying Property as defined by law and by this Agreement. New construction and/or business personal property is eligible to be considered as Qualifying Property. Due to the nature of the improvements contemplated by Applicant, the Parties agree that it will be difficult, if not impossible to separately appraise the value of the new construction as separate and distinct from the preexisting improvements. Additionally, District agrees that the taxable property valuation of Applicant’s property located within the Reinvestment Zone should reflect Applicant’s donation to the District of the computer and telephone equipment which is described in the letter from Applicant to Xx. Xxxxx Xxxxxx dated November 23, 2004 and valued by Applicant at Nine Hundred Thirteen Thousand Six Hundred Sixteen Dollars ($913,616.00).
Description of Qualified Investment. The Applicant anticipates constructing a solar photovoltaic electric generating facility with an operating capacity of approximately 240 MW. Applicant estimates 85% of the project will be located in Prairiland ISD. The entire Prairiland ISD portion will be considered qualified investment for this application. The exact capacity and specific technology components will be determined during the development and design process. The facility may include the following improvements: · Solar modules/panels · Metal mounting system with tracking capabilities · Underground conduit, communications cables, and electric collection system wiring · Combiner boxes · A project substation including breakers, a transformer and meters · Overhead transmission lines · Inverter boxes on concrete pads · Operations and maintenance facility · Fencing for safety and security · Telephone and internet communications system · Meteorological equipment to measure solar irradiation and weather conditions NOTE- The map in TAB 11 shows the proposed project area with the preliminary panel and inverter locations. The exact placement of these panels and inverters is subject to ongoing planning, soil studies, and engineering and will be determined before construction begins.
Description of Qualified Investment. La Casa Wind, LLC a 90 MW/AC wind energy generation project. The facility will be located within a proposed reinvestment zone in Xxxxxxxx County and Breckenridge Independent School District. The facility will be comprised of approximately 31 primary 2.82MW GE model turbines. La Casa Wind, LLC requests that the limitation covers all qualified investment and qualified property located within Breckenridge ISD. It is our request that the limitation includes all eligible and ancillary equipment including the following: • Substation • Interconnection FacilitiesTransmission LineAccess Roads to Turbines • Inverter and Transformers • Power Conditioning Equipment • Foundations • Combiner Boxes • Roadways, Paving, & Fencing • Operation & Maintenance Buildings • Posts & Racking Equipment • DC and AC collection wires, cables, and equipment • Meteorological Towers & Equipment • Turbines • SCADA equipment
Description of Qualified Investment. Blue Summit Wind, LLC plans to construct a 106.8 MW wind farm in Xxxxxxxx and Wilbarger Counties. This application covers all qualified property within Chillicothe ISD necessary for the commercial operations of the proposed wind farm described in Tab 4. One hundred and six and eight‐tenths megawatts (106.8 MW) will be located in Chillicothe ISD. Turbine placement is subject to change but for purposes of this application, the Project anticipates using 4 of the 1.70 MW turbines and 37 of the
Description of Qualified Investment a. A specific and detailed description of the qualified investment you propose to make on the property for which you are requesting an appraised value limitation as defined by Tax Code 313.021(7) (Tab 7). This application covers all qualified property in the reinvestment zone and project boundary within McCamey ISD necessary for commercial operations. The Applicant is requesting an appraised value limitation on the portion of property constructed or placed upon the real property described and shown in Map Exhibit within XxXxxxx ISD, which is located in Upton County, Texas. It is anticipated that 70 MWac with an additional 70 MWac of permanent battery storage facility will be constructed within McCamey ISD. The property for which the Applicant is requesting an appraised value limitation includes the following: • solar PV modules; • DC-to-AC inverters; • Tracker racking system (mounting structures); • Permanent battery storage facility with a capacity of 70MWac; • Medium- and high-voltage electric cabling; and • High-voltage transmission line connecting the project to the grid (gen tie). Additionally, the map provided does not present the location of the improvements; however, all of the improvements that make up the amount of Qualified Investment will be made within the Project Area as shown on Map Exhibit. The Applicant has obtained a grant of lease and easement covering approximately 417 acres in Upton County, Texas within the McCamey ISD boundary. None of the above-mentioned property is covered under an existing County Appraisal District account number.
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Description of Qualified Investment. The Qualified Investment that Applicant is seeking this tax limitation Agreement is described in Exhibit 3 that is incorporated herein by reference for all purposes. Property which is not specifically described in Exhibit 3 shall not be considered by the District or the Appraisal District to be a Qualified Investment for purposes the Agreement. Qualified Investments may not be added to Exhibit 3 except by an official determination of the Board of Trustees of the District made pursuant to Texas Property Tax Code § 313.027(e).
Description of Qualified Investment. In compliance with the criteria and guidelines set forth in Title 3, Chapter 313 of the Texas Property Tax Code, Frac VIII requests an appraised value limitation from Barbers Hill Independent School District. Lone Star NGL Asset Holdings, LLC is proposing to construct a NGL fractionator in Xxxxxxxx County, Texas. The facility will be located in the western portion of the county. Additionally, the entirety of the project will be within Barbers Hill Independent School District. Please find attached in Tab 11 maps that further define the location of the facility. Frac VIII will be a NGL fractionator with a total plant capacity of 120,000 barrels/day located within a reinvestment zone in Xxxxxxxx County, Texas. Construction is anticipated to commence in October 2019. The hiring of new employees will begin in April 2020, and the purchase of equipment and machinery will also begin in April 2019. Construction is projected to be complete by November 2020, when the plant will also be fully operational. Lone Star NGL Asset Holdings, LLC (Frac VIII) requests that this application includes but is not limited to the following components of this project: • Deethanizer • Heat Medium • Depropanizer • Gasoline Treater • Debutanizer • Compression Equipment • Associated Towers • Warehouse/O&M Building NGL Fractionation NGL fractionation is the process of manufacturing raw NGL mix produced by natural gas processing plants into discrete NGL purity components (i.e., ethane, propane, normal butane, iso-butane, and natural gasoline).
Description of Qualified Investment. Recurrent Energy is proposing to construct a solar electric generating facility in Xxx Xxxxx County. The facility will be located in a 3,225 acre reinvestment zone in the northeastern portion of the county. Additionally, the entirety of the project will be within Veribest ISD. Please find attached in Tab 11 maps that further define the location of the facility. The facility itself is expected to have a total capacity of 200 MW AC and will feature 730,000 photovoltaic panels, and 57 central inverters. RE Bravepost LLC requests that this application includes all eligible ancillary and necessary equipment, most of which is outlined as follows: • Solar Modules & Panels • Racking & Mounting Structures • Inverter Boxes • Combiner Boxes • Meteorological Equipment • Foundations • Operation & Maintenance Building • Roadways, Paving, & Fencing • Electrical Substations • Generation Transmission Tie Line • Associated Towers • Interconnection Facilities
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