scale is way off, the city limits of CS in not approx 3 miles wide where that building is shown

Well I posed the same question to Grok and it did an even worse job. I have Claude on another computer, I'll ask it later but I have a meeting I'm about to go into. Wasted enough time on this already today. A good reminder that AI isn't perfect YET!

Here's what I came up with. Dropped it on campus for easy frame of reference, and it spans from the golf course to George Bush Library.

I just hope the ISDs don't ruin this for Texas.

You could also just go to google maps and go look at the Gibbons Creek Reservoir as it is about 2200 acres, I think.

jbeaman88 said:

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Any thoughts with the SPCX IPO first day behind us, now trading at around $165 after hours?

Edit: is this sufficient for them to now sign on and move forward at Gibbons?

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Funding for the project is now in Spacex' account. The comptroller will reportedly make a formal yay or nay recommendation on the JETI applications next week, and the school districts and the Governor will have essentially 30 days after that to approve or deny the deal.

Some steps to go, but to me the timing seems sequential and planned.

I'd doubt they sign the county docs and cut that check for $10m until all abatements are in place. Apparently they see Texas property taxes as too impactful for a massively asset-intensive project like this.

Respectfully

Yancy '95

Thank you sir.

Good read for anyone interested in the nuts and bolts of JETI approval process and timeline. Assuming a fast-track review/approval timeline by the CPA and Govenor, we're probably near the begining of the 30 day school district timeline and waiting for the public notice of the required ISD hearing.

Texas Comptroller: JETI Process and Timeline

Quote:

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5. Governor's office has 30 days from the date they received the recommendation notice from CPA to consider the application and determine whether the governor is agreeable to entering into an agreement that is the subject of the application.

6. Governor provides written notice to CPA, the school district, the oversight committee and the applicant within 7 days from the date the Governor determines they are agreeable to entering into the agreement.

7. The school district has 30 days from the date CPA recommends an application to consider the application and determine whether the school district is agreeable to entering into an agreement that is the subject of the application.
a. Hold a public hearing and provide notice not later than the 15th day before the date of the hearing.

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Bob Yancy said:

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jbeaman88 said:

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Any thoughts with the SPCX IPO first day behind us, now trading at around $165 after hours?

Edit: is this sufficient for them to now sign on and move forward at Gibbons?

---

Funding for the project is now in Spacex' account. The comptroller will reportedly make a formal yay or nay recommendation on the JETI applications next week, and the school districts and the Governor will have essentially 30 days after that to approve or deny the deal.

Some steps to go, but to me the timing seems sequential and planned.

I'd doubt they sign the county docs and cut that check for $10m until all abatements are in place. Apparently they see Texas property taxes as too impactful for a massively asset-intensive project like this.

Respectfully

Yancy '95

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I appreciate the comment about property taxes, it's something that's going to have to be addressed at some point in the near future. At the same time let's appreciate the fact that Musk fled California for Texas because the tax climate is much friendlier. Yes I realize he's chasing abatements to avoid them but the ripple effect of the construction and staffing of this place is huge and will more than make up for it. I guess my point is Texas's setup allows us to have flexibility when a massive deal like this comes along whereas states with income tax based systems don't. It's not perfect but it's clearly better than most.

Here's another great datapoint about how a rural Louisiana area is thriving now thanks to a Facebook data center.

https://www.msn.com/en-us/money/human-resources/the-teachers-getting-50-000-bonuses-thanks-to-a-massive-meta-data-center/ar-AA25qvQd

From the article…

"It is unclear how many of those will be long-term jobs. Once fully built, data centers typically require relatively few employees to operate them, raising the prospect that at least some of the commerce that yielded this year's mega-bonuses won't recur."

Sales and use tax is due to the construction. I think saying this rural area is thriving is a bit of a reach.

This is my exact concern for Grimes. There will be jobs and revenue during construction, but I still think Brazos will benefit much more with this. I see why Bob Yancy is so excited. It will bring in a ton of dollars for Brazos.

Terafab is NOT a data center.

It is a manufacturing plant for chips.
A BIG difference.

I am well aware it is not a data center. I have been to the meetings, have read the agreements, and I have a degree in computer science. I also know that this will bring a lot of growth to the Brazos Valley area.

Regardless of what is built, it doesn't change the fact that the closest shopping, dining, hotels, and housing are all in Brazos county, The closest grocery store to Gibbons is HEB in College Station. There is a Brookshire in Navasota if you want to drive further. My point is and was that Brazos will see a ton of the revenue and growth. This has always been my concern with the amount of the abatement.

GrimesCoAg95 said:

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I live in Grimes. Do I have concerns about how this is going to impact property values and taxes? Of course, I do. I also have concerns about how it will impact the county. I moved here from Tomball to enjoy the rural lifestyle.

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I remember when Tomball was a rural escape from Houston, and the sleepy town of Magnolia had one yellow flashing light. Since then, Grimes escaped most of the growth pressure. The little towns of Shiro and Roans Prairie haven't hardly changed at all in the 40 years I've been driving back-and-forth from Huntsville to BCS. But that's all about to change, just like it changed for Tomball and Magnolia.

GrimesCoAg95 said:

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I am well aware it is not a data center. I have been to the meetings, have read the agreements, and I have a degree in computer science. I also know that this will bring a lot of growth to the Brazos Valley area.

Regardless of what is built, it doesn't change the fact that the closest shopping, dining, hotels, and housing are all in Brazos county, The closest grocery store to Gibbons is HEB in College Station. There is a Brookshire in Navasota if you want to drive further. My point is and was that Brazos will see a ton of the revenue and growth. This has always been my concern with the amount of the abatement.

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Brazos for sure will see the immediate growth, but it's also very likely that a lot of stuff will be built out that way as well. Landowners all around will likely be selling when those offers start hitting their mailbox and the construction starts. Lots of land around Gibbons Creek for a lot of those businesses and things you listed. Heck if I lived in Grimes County and this happens, I'd be getting ready to start a business that would somehow be tied to the whole job.

I was in St. Louis this week and one of my reps said where a data center is currently being built, the Casey's gas station directly across the street sells out of all of their kitchen cooked food 3 times a day. They are so swamped with business it's unbelievable. A lot of locals can tap into this and be extremely successful with this, but they've gotta want to. This will be like winning the lottery for many.

lawless89 said:

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GrimesCoAg95 said:

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I am well aware it is not a data center. I have been to the meetings, have read the agreements, and I have a degree in computer science. I also know that this will bring a lot of growth to the Brazos Valley area.

Regardless of what is built, it doesn't change the fact that the closest shopping, dining, hotels, and housing are all in Brazos county, The closest grocery store to Gibbons is HEB in College Station. There is a Brookshire in Navasota if you want to drive further. My point is and was that Brazos will see a ton of the revenue and growth. This has always been my concern with the amount of the abatement.

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Brazos for sure will see the immediate growth, but it's also very likely that a lot of stuff will be built out that way as well. Landowners all around will likely be selling when those offers start hitting their mailbox and the construction starts. Lots of land around Gibbons Creek for a lot of those businesses and things you listed. Heck if I lived in Grimes County and this happens, I'd be getting ready to start a business that would somehow be tied to the whole job.

I was in St. Louis this week and one of my reps said where a data center is currently being built, the Casey's gas station directly across the street sells out of all of their kitchen cooked food 3 times a day. They are so swamped with business it's unbelievable. A lot of locals can tap into this and be extremely successful with this, but they've gotta want to. This will be like winning the lottery for many.

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Yankees Tavern needs to stay and expand. They may have to up their prices a bit for taxes but they've got enough land to expand and really bank after it gets built. Everybody likes some originality.

We can't wait for the eminent domain land seizures, inflation, traffic, and crime. It'll be great for the bumpkins out here that don't know what's good for them.
The unaffected are fully for it.

Muzzleblast said:

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We can't wait for the eminent domain land seizures, inflation, traffic, and crime. It'll be great for the bumpkins out here that don't know what's good for them.
The unaffected are fully for it.

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Why do you and others keep alluding to the rise in crime? I know several of the county deputies who have told me they don't ever want to go to parts of north Grimes without at least one backup patrol, especially around the Darrell Hall communities. And the Bedias area has more than their share of killings, meth labs and perverts.