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Travis Co. sets date to vote on tax incentives deal for $1.1 billion proposed Austin Tesla factory
Travis County Judge Sam Biscoe said that the Commissioners Court will vote on its much-discussed tax incentive deal to bring the next Tesla "Gigafactory" to Austin at their meeting next Tuesday.
The anticipated 20-year deal, which would have the electric carmaker building a $1.1 billion plant on a site in Southeast Travis County, has been under review for several weeks. The Tesla deal would create 5,000 jobs in a facility that would produce the Cybertruck and Model Y. It has attracted a wide range of reactions.
"We have staff basically doing a little bit of additional work to finalize the agreement," Biscoe said, speaking after a closed-door meeting on Wednesday. "And we will have the matter back on the court's agenda for action next Tuesday."
The meeting will be livestreamed here.
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