CORPUS CHRISTI, Texas — Nueces County commissioners approved Monday a reinvestment zone for the area where Tesla is eyeing to bring a lithium plant to the Coastal Bend.
The approved reinvestment zone, allowable under Chapter 313 of the tax code, will allow Robstown ISD to enter a limitation agreement with the electric car maker.
Robstown ISD voted unanimously to approve the limitation agreement, which would limit the taxes Tesla would be required to pay for 10 years.
The 1,500-acre plant is expected to bring 150 jobs to Nueces county..