Katerra will no longer be a tenant of the SMART (San Marcos Air, Rail and Truck) Terminal industrial rail park.
Hays County Commissioners voted unanimously to execute a Chapter 381 economic development incentive agreement between Hays County and Katerra Construction, LLC during Tuesday’s meeting.
Over the 10-year period of the performance-based incentive agreement, Hays County will generate nearly $2 million in new tax revenue, according to John Ellis, vice president of marketing and communications for the Greater San Marcos Partnership.
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