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MegadealsSubsidy Tracker Individual Entry
Company: Fairway Energy Partners LLC
Parent Company:
Subsidy Source: local
Location: Texas
City: Houston
Project Description: construct facility which includes salt caverns in Pierce Junction which will be used to store crude oil and condensate and approximately 15.2 miles of pipeline
Year: 2016
Subsidy Value: undisclosed
Program Name: Houston: Chapter 44 Tax Abatement
Awarding Agency: City of Houston Mayor's Office of Economic Development
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 25
Capital Investment: $218,000,000
Source of Data:
(click here)
Notes: Subsidy is property tax abatement for 10 year period. No subsidy value is given. Year is year credit approved. Jobs figure is minimum of 15 full-time equivalent jobs in the zone and 10 full-time equivalent jobs at corporate headquarters with employees transferring between the two locations.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.