Agreement 0000741, filed with the Texas Comptroller by City of Plano, Texas.
Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.
A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | City of Plano, TexasThis Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Plano, Texas (“City”), and Cognizant Technology Solutions U.S. Corp. | 1 |
| Contracting entity | Cognizant Technology Solutions U.S. Corp.This Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Plano, Texas (“City”), and Cognizant Technology Solutions U.S. Corp., a Delaware corporation (“Company”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Incentive AgreementECONOMIC DEVELOPMENT INCENTIVE AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government CodeGov’T CopDE §380.001 et seg. | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | Two Hundred Seventy-Three Thousand Dollars ($273,000)The City agrees to provide the Company a cash grant of up to Two Hundred Seventy-Three Thousand Dollars ($273,000) | 3 |
| Jobs committed | 500 Job Equivalentstransfer or create up to 500 Job Equivalents to be located on the Real Property | 1 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 69,000 gross square feetCompany agrees to occupy at least 69,000 gross square feet of office space | 1 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | January 1, 2024By January 1, 2024, and subject to the Company transferring, creating and maintaining the minimum number of Job Equivalents | 4 |
| Expiration | seven (7) years thereafterThe term of this Agreement shall begin on the Commencement Date and continue for seven (7) years thereafter, unless sooner terminated as provided herein. | 2 |
| Effective date | Not stated in the agreement | — |
| Signatory | Henry DemalName: _Hemy Demal | 11 |
| Chain status | Superseded by agreement 0006056 | — |
Agreement 0000741 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.
Where the contract says nothing, the field is left empty rather than filled with a guess.
This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.
Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.