FTS INTERNATIONAL SERVICES, LLC

Agreement 0000972, filed with the Texas Comptroller by PARKER COUNTY.

$15,000,000committed capital investment

50%of County (general and road tax rates) property taxes abated

January 1, 2017performance deadline

The obligation

What the contract requires.

“minimum assessed value of fifteen million dollars ($15,000,000) by January 1, 2017”Executed agreement, p. 2

“minimum assessed value of fifteen million dollars ($15,000,000)”Executed agreement, p. 2

The repayment remedy

What happens if it is not met.

“In the event that either Company fails to pay ad valorem taxes owed to the County or any other taxing entity located in the County when due, then the County shall have the right to terminate the Property Tax Rebate, in which event, taxes based on the full value of the Property shall be immediately due and payable, including any amount of ad valorem taxes rebated during the calendar year in which the termination occur”Executed agreement, p. 4

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.

Abatement schedule · County (general and road tax rates) property taxes · p. 2

What was abated, and for how long.

fifty percent (50%)ten (10) years

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.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	PARKER COUNTYPARKER COUNTY ("County"), Texas, duly acting herein by and through its County Judge	1
Contracting entity	FTS INTERNATIONAL SERVICES, LLCFTS INTERNATIONAL SERVICES, LLC, 2 Texas limited liability company	1
Parent / guarantor	FTS INTERNATIONAL MANUFACTURING, LLCFTS INTERNATIONAL MANUFACTURING, LLC, a Texas limited liability company	1
Instrument	Property Tax RebateProperty Tax Rebate	2
Governing chapter	Chapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN PARKER COUNTY, FTS INTERNATIONAL SERVICES, LLC, AND FTS INTERNATIONAL MANUFACTURING, LLC STATE OF TEXAS COUNTY OF PARKER This Chapter 381 Agreement ("Agreement") is entered into on December 12, 2016 ("Effective Date") by and between PARKER COUNTY ("County"), Texas, duly acting herein by and through its County Judge, on the one hand, a	—
Capital investment	$15,000,000minimum assessed value of fifteen million dollars ($15,000,000)	2
Grant or incentive	Not stated in the agreement	—
Jobs committed	Not stated in the agreement	—
Wage requirement	Not stated in the agreement	—
Square footage	Not stated in the agreement	—
Acreage	Not stated in the agreement	—
Performance deadline	January 1, 2017minimum assessed value of fifteen million dollars ($15,000,000) by January 1, 2017	2
Expiration	December 31, 2026The term of this Agreement shall be from the Effective Date through December 31, 2026.	4
Effective date	December 12, 2016This Chapter 381 Agreement ("Agreement") is entered into on December 12, 2016 ("Effective Date")	1
Signatory	Z AgileFTS International Services, LLC By: Z Agile	6
Chain status	Terminal document — no later agreement in the registry names this one as its predecessor	—

How to check this page

Every line above is in the contract.

Agreement 0000972 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.

One of 1,645

Which of these are on your book?

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.

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