The Commerce Journal

November 23, 2013

Commerce ISD trustees pass Freeport Exemption

Jordan C. Wright
The Commerce Journal

COMMERCE — The Commerce Independent School District Board of Trustees held an open session on Nov. 18 to recognize members of the community, assess the current status of the school district, and analyze the benefits of Freeport Exemption.

The board called to order at 7:15 p.m. from a closed session that ran significantly longer than the board had initially anticipated. Receiving special recognition from the board of trustees on behalf of Commerce ISD was Joe “Tiger Joe” Hadaway. Hadaway is a local citizen of Commerce twho freely volunteers his services of maintaining run-through football tunnels that he brings to athletic events at no charge to the district.

The board also discussed the benefits of filing for Freeport Exemption after voting to table the issue at the last meeting. The incentive program, which would encourage warehousing within the school’s taxing district in return for certain tax benefits, was proposed as a means of stimulating more income for the district.

Commerce Economic Development Executive Director Bonnie Hunter explained the benefits of the incentive to the board, which was weighed against the inability to back out of the commitment.

After nearly an hour of discussion, the trustees granted approval for the filing of Freeport Exemption with a vote of 6 to 1, which must be filed before Dec. 31, 2013 in order to take effect in 2014.

The district went on to report that enrollment, as of November has held steady and will continue to improve  its attempts to recruit more students as the board adjourned at approximately 9:20 p.m. with no requests for future agenda items.