Pearland City Council on Monday agreed to tax abatements for two companies that plan to locate facilities within the city.
Tool-Flo Manufacturing Inc. and Shale-Inland Holdings, LLC. will each receive 10-year tax abatement incentives, approved unanimously by the council.
Shale-Inland will locate a distribution facility near Pearland High on the west side of Highway 35, City Manager Clay Pearson said.
“This is a project that has been a long time in the making,” he told the council.
The facility would include office, manufacturing and warehouse area in a 210,000 square-foot building. In addition, the company is set to receive a $490,000 loan from Pearland Economic Development Corp.
With its 10-year abatement granted, Tool-Flo Manufacturing will be located in the city’s Lower Kirby District.
Pearland Economic Development Corp. President Matt Buchanan said the company will begin with about 80,000 square feet.
“They’ll have both an office facility here, a training facility and manufacturing operation,” he said. “It will be 188 initial jobs, about a $36.7 million investment.”
The PEDC will provide Tool-Flo with a loan of $752,000 to be disbursed within 60 days of the company receiving its certificate of occupancy and commencing operations at the facility.
Recently acquired by ISCAR, Houston-based Tool-Flo – which manufactures tools and products for the oil and gas, auto, aerospace and medical industries – is currently located in the Hobby Airport area in multiple buildings.
Also on Monday, council approved the final reading of an ordinance allowing the county to collect Scofflaw fees – meaning those who owe money to the city would not be able to register vehicles until the fees plus a $20 collection fee are paid. The final reading passed 4-1, with Councilman Scott Sherman voting against.
An executive session, permitted by law so that City Council may discuss sensitive matters, was held Monday to address “potential litigation associated with the construction of city facilities.”