Detailed Description of the Project. Provide a detailed description of the scope of the proposed project, including, at a minimum, the type and planned use of real and tangible personal property, the nature of the business, a timeline for property construction or installation, and any other relevant information. King Creek Wind Farm 2 LLC (King Creek Wind 2) is requesting an appraised value limitation from ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate Independent School District (TCISD) for the King Creek Wind 2 Project (the “Project”), a proposed wind powered electric generating facility in ▇▇▇▇▇▇▇▇▇▇▇▇ County. The proposed Throckmorton Collegiate ISD Project (this application) will be constructed within a Reinvestment Zone to be created by ▇▇▇▇▇▇▇▇▇▇▇▇ County. A map showing the location of the project is included in TAB 11. The proposed Project is anticipated to have a capacity of approximately 209 MW located in ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD. The exact number and location of wind turbines and size of each turbine will vary depending upon ongoing wind and siting analysis, turbine manufacturer’s availability, prices, and the megawatt generating capacity of the Project when completed. Current estimated plans are to install 49 turbines that will be sourced from the tier 1 providers of GE and/or Vestas and/or Siemens with all turbines located in ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD. The Applicant requests a value limitation for all facilities and equipment installed for the Project, including; wind turbines, towers, foundations, roadways, an O&M building, electric substation, meteorological towers, collection system, communication system, electric switchyard, electric transformers, transmission line and associated towers, interconnection facilities and all eligible ancillary and necessary equipment. Full construction of the Project is anticipated to begin in the 4th Quarter of 2020 with completion by December 31, 2021. *NOTE: The map in TAB 11 shows the potential locations of 49 of the wind turbines, an O&M building within ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD boundaries; however, the final number of turbines and the location of each of these facilities is dependent upon ongoing negotiations with power purchasers and other factors. King Creek Wind Farm 2 LLC Chapter 313 Application ▇▇▇▇▇▇▇▇▇▇▇▇ See attached Schedules A1, A2, B, C and D Applicant Name King Creek Wind Farm 2 LLC Form 50-296A ISD Name ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD Revised May 2014 For All Columns: List amount invested each year, not cumulative totals.
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Detailed Description of the Project. Provide a detailed description of the scope of the proposed project, including, at a minimum, the type and planned use of real and tangible personal property, the nature of the business, a timeline for property construction or installation, and any other relevant information. King Creek Wind Farm 2 LLC (King Creek Wind 2Wind) is requesting an appraised value limitation from ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate Independent School District (TCISD) for the King Creek Wind 2 Project (the “Project”), a proposed wind powered electric generating facility in ▇▇▇▇▇▇▇▇▇▇▇▇ County. The proposed Throckmorton Collegiate ISD Project (this application) will be constructed within a Reinvestment Zone to be created by ▇▇▇▇▇▇▇▇▇▇▇▇ County. A map showing the location of the project is included in TAB 11. The proposed Project is anticipated to have a capacity of approximately 209 200 MW located in ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD. The exact number and location of wind turbines and size of each turbine will vary depending upon ongoing wind and siting analysis, turbine manufacturer’s availability, prices, and the megawatt generating capacity of the Project when completed. Current estimated plans are to install 49 62 of the 2.9 MW Siemens/Gamesa wind turbines that will be sourced from and 8 of the tier 1 providers of GE and/or Vestas and/or Siemens 2.625 MW Siemens/Gamesa wind turbines with all turbines located in ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD. The Applicant requests a value limitation for all facilities and equipment installed for the Project, including; wind turbines, towers, foundations, roadways, an O&M building, electric substation, meteorological towers, collection system, communication system, electric switchyard, electric transformers, transmission line and associated towers, interconnection facilities and all eligible ancillary and necessary equipment. Full construction of the Project is anticipated to begin in the 4th Quarter of 2020 with completion by December 31, 2021. *NOTE: The map in TAB 11 shows the potential locations of 49 70 of the wind turbines, an O&M building within ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD boundaries; however, the final number of turbines and the location of each of these facilities is dependent upon ongoing negotiations with power purchasers and other factors. King Creek Wind Farm 2 LLC Chapter With origins dating back to 1985, EDF Renewables has a presence worldwide having built 16 GW of operating projects with an additional 1,000MW of renewable energy projects currently under construction. EDF Renewables has developed operating power projects supplying power on the West Coast, Mid-west and Northeast portions of the US. EDF Renewables is a national wind and solar developer currently evaluating a large project pipeline of approximately 24GW of wind and solar project opportunities in Washington, Oregon, California, Nevada, Utah, Arizona, Colorado Wyoming, New Mexico, Texas, Oklahoma, Kansas, Nebraska North Dakota Minnesota, Iowa, Missouri, Arkansas, Louisiana Michigan, Illinois, Indiana, Ohio Kentucky North Carolina Alabama, Georgia, Florida, New York, Maine and new Jersey as well as locations in Canada and Mexico. With both domestic U.S and international opportunities, the company has the ability to locate projects of this type in any of these states and countries where favorable wind and solar conditions exist. The Applicant is actively assessing the financial viability and potential development of this project against other projects in the development pipeline that are competing for limited investment funds. With Texas wholesale electricity prices already below the international average, it is necessary to limit the property tax liabilities for a solar project in order to be able to offer electricity at prices that are marketable to Texas customers at competitive rates. Markets in other areas of the country that have statewide available subsidies for renewable energy projects, and which have higher average contracted power rates, offer an attractive incentive for developers to build projects in those markets over Texas. The property tax liability of a project without tax incentives in Texas would reduce the return to investors and financiers to an unacceptable level at todays contracted power rates under a power purchase agreement (PPA). Therefore, the applicant would not be able to finance and build the project in Texas even with a signed PPA because of the low price in the PPA. Without the 313 Application Value Limitation, the applicant would be forced to walk away from this project and spend the potential investment in other states where the rate of return is higher. Description of how project is located in more than one district, including list of percentage in each district and, if determined to be a single unified project, documentation from the Office of the Governor (if applicable) ▇▇▇▇▇▇▇▇▇▇▇▇ See attached Schedules A1, A2, B, C and D Applicant Name King Creek Wind Farm 2 LLC Form 50-296A ISD Name County 100% ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD Revised May 2014 For All Columns: List amount invested each year, not cumulative totals.100%
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Detailed Description of the Project. Provide a detailed description of the scope of the proposed project, including, at a minimum, the type and planned use of real and tangible personal property, the nature of the business, a timeline for property construction or installation, and any other relevant information. King Creek Wind Farm 2 II, LLC (King Creek Wind 2II) is requesting an appraised value limitation from ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate Independent School District (TCISD) for the King Creek Wind 2 II Project (the “Project”), a proposed wind powered electric generating facility in ▇▇▇▇▇▇▇▇▇▇▇▇ County. The proposed Throckmorton Collegiate ISD Project (this application) will be constructed within a Reinvestment Zone to be created by ▇▇▇▇▇▇▇▇▇▇▇▇ County. A map showing the location of the project is included in TAB 11. The proposed Project is anticipated to have a capacity of approximately 209 275 MW located in ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD. The exact number and location of wind turbines and size of each turbine will vary depending upon ongoing wind and siting analysis, turbine manufacturer’s availability, prices, and the megawatt generating capacity of the Project when completed. Current estimated plans are to install 49 85 of the 2.9 MW Siemens/Gamesa Wind turbines that will be sourced from and 11 of the tier 1 providers of GE and/or Vestas and/or Siemens 2.625 MW Siemens/Gamesa with all turbines located in ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD. The Applicant requests a value limitation for all facilities and equipment installed for the Project, including; wind turbines, towers, foundations, roadways, an O&M building, electric substation, meteorological towers, collection system, communication system, electric switchyard, electric transformers, transmission line and associated towers, interconnection facilities and all eligible ancillary and necessary equipment. Full construction of the Project is anticipated to begin in the 4th Quarter of 2020 2021 with completion by December 31, 20212022. *NOTE: The map in TAB 11 shows the potential locations of 49 96 of the wind turbines, an O&M building within ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD boundaries; however, the final number of turbines and the location of each of these facilities is dependent upon ongoing negotiations with power purchasers and other factors. King Creek Wind Farm 2 LLC Chapter With origins dating back to 1985, EDF Renewables has a presence worldwide having built 16 GW of operating projects with an additional 1,000MW of renewable energy projects currently under construction. EDF Renewables has developed operating power projects supplying power on the West Coast, Mid-west and Northeast portions of the US. EDF Renewables is a national wind and solar developer currently evaluating a large project pipeline of approximately 24GW of wind and solar project opportunities in Washington, Oregon, California, Nevada, Utah, Arizona, Colorado Wyoming, New Mexico, Texas, Oklahoma, Kansas, Nebraska North Dakota Minnesota, Iowa, Missouri, Arkansas, Louisiana Michigan, Illinois, Indiana, Ohio Kentucky North Carolina Alabama, Georgia, Florida, New York, Maine and new Jersey as well as locations in Canada and Mexico. With both domestic U.S and international opportunities, the company has the ability to locate projects of this type in any of these states and countries where favorable wind and solar conditions exist. The Applicant is actively assessing the financial viability and potential development of this project against other projects in the development pipeline that are competing for limited investment funds. With Texas wholesale electricity prices already below the international average, it is necessary to limit the property tax liabilities for a solar project in order to be able to offer electricity at prices that are marketable to Texas customers at competitive rates. Markets in other areas of the country that have statewide available subsidies for renewable energy projects, and which have higher average contracted power rates, offer an attractive incentive for developers to build projects in those markets over Texas. The property tax liability of a project without tax incentives in Texas would reduce the return to investors and financiers to an unacceptable level at todays contracted power rates under a power purchase agreement (PPA). Therefore, the applicant would not be able to finance and build the project in Texas even with a signed PPA because of the low price in the PPA. Without the 313 Application Value Limitation, the applicant would be forced to walk away from this project and spend the potential investment in other states where the rate of return is higher. Description of how project is located in more than one district, including list of percentage in each district and, if determined to be a single unified project, documentation from the Office of the Governor (if applicable) ▇▇▇▇▇▇▇▇▇▇▇▇ See attached Schedules A1, A2, B, C and D Applicant Name King Creek Wind Farm 2 LLC Form 50-296A ISD Name County 100% ▇▇▇▇▇▇▇▇▇▇▇▇ Collegiate ISD Revised May 2014 For All Columns: List amount invested each year, not cumulative totals.100%
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