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ChatGPTClaudePerplexity· Related development
TIRZ #1 board approves a 90% tax rebate through 2036 and $50,000 for Sharpened Iron Studios, 6-0-1
Sharpened Iron Studios presented a $15 million film and television production studio planned at Amarillo College's downtown campus (1314 S. Polk) and asked for a $100,000 incentive and a 100% tax rebate through 2036. The board instead approved a 90% rebate through 2036 and a $50,000 incentive reimbursable after the project is complete, 6-0 with Amarillo College's board member abstaining.[1]
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Sharpened Iron Studios' representative described a planned $15 million production studio at the Amarillo College downtown campus and a film and production arts school to be run with the college, and asked for a $100,000 incentive and a 100% tax rebate through 2036. Joseph Peterson moved a 90% tax rebate through 2036 and a $50,000 incentive reimbursable after completion; H.R. Kelly seconded, and the motion passed 6:0:1 with Dr. David Woodburn, the Amarillo College member, abstaining. [1]
