City Council considers reinvestment zone for International Aerospace Coatings at Baker Street

The Amarillo City Council convened on July 8, 2025, to discuss the establishment of a reinvestment zone aimed at attracting a new manufacturing facility. The meeting focused on the procedural requirements for designating the area, which is necessary before the council can consider any tax abatement requests.

The discussion began with an overview of the tax abatement process, highlighting that a public hearing is required prior to the council's consideration of a reinvestment zone. This hearing was conducted during the meeting, following a seven-day written notice to other taxing entities and a public announcement in a local newspaper, both of which were completed in June.

The proposed reinvestment zone is located at 10801 Baker Street, near the airport, and is intended to facilitate the expansion of International Aerospace Coatings. The company plans to construct a new aircraft hangar complex and make related improvements, with an estimated investment exceeding $12 million. The council is expected to review the tax abatement request and airport lease on July 22.

The proposed tax abatement would be for a duration of five years, with the possibility of renewal, and could extend up to ten years. The council emphasized that today's hearing is merely a step in the process, allowing them to utilize this economic development tool without making any immediate commitments.

No questions were raised by council members before the public hearing was opened, indicating a smooth progression through the agenda. The meeting concluded with a clear understanding of the next steps in the process, as the council prepares to consider the tax abatement request in the coming weeks.