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Bay Area Houston Economic Partnership
Business & Industry
Port of Beaumont Board of Commissioners
by Garrett Bryce
Monday, September 24, 2018

The Port of Beaumont Board of Commissioners today voted unanimously to adopt a property tax rate of $0.114674 per $100 valuation.

Of the total tax rate, revenues from $0.059412 per $100 valuation will be dedicated to maintenance and operation of the port, while revenues from the remaining $0.055262 per $100 valuation will be used to make payments on the port’s bonded indebtedness, which includes $85 million in bonds the port is issuing that was approved by voters in 2017.

The board voted to approve a contract with Ryan Dagley of Scott Stevens and Associates for property appraisal services for the port. Listen (2:40)

The board voted to authorize legal counsel to draft an order for codifying the port’s enabling legislation.

All items were approved. All votes were unanimous with all members present. Agenda

 

 




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