Exxon Mobil calls off lawsuit over Harris County’s appraisal of 385-acre campus

Exxon Mobil Corp. (NYSE: XOM) has stopped haggling with Harris County over its 2015 tax bill.

The Irving, Texas-based energy giant filed a motion to dismiss a lawsuit it filed against the Harris County Appraisal District over a $40 million property tax bill,according to the Houston Chronicle. In the lawsuit, Exxon had claimed HCAD’s $1.04 billion appraisal of the site for 2015 was “excessive and unequal in comparison with other similar property in the appraisal district.”

The filing comes a day before Exxon planned to release financial documents related to the property acquisition and construction of the campus, the Chronicle reports. The company already paid its disputed tax bill.

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