The Abatement RegisterShermanAgreement 0001011
Texas Chapter 380 / 381 agreement · Sherman

Great Prairie Wind II, LLC

Agreement 0001011, filed with the Texas Comptroller by Sherman County, Texas.

$31,674,240.00committed capital investment
100%of Eligible Property abated
June 30, 2023performance deadline
The obligation

What the contract requires.

“Owner agrees that the Project shall achieve Commercial Operations on or before June 30, 2023”Executed agreement, p. 6
“create no less than five (5) new, permanent, full-time jobs that in part perform services in the County”Executed agreement, p. 9
“capital investment of approximately thirty-one million six-hundred seventy-four thousand two hundred forty dollars ($31,674,240.00)”Executed agreement, p. 5
The repayment remedy

What happens if it is not met.

“As required by section 312.205 of the Texas Tax Code, if Owner fails to make the Improvements as provided for by this Agreement, subject to the above provisions regarding notice and right to cure, the County shall be entitled to cancel this Agreement and recapture property tax revenue lost as a result of this Agreement, less any PILOTs paid by Owner to the County, with interest accrued at the Prime Rate”Executed agreement, p. 11

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 · Eligible Property · p. 6

What was abated, and for how long.

100%ten (10) full Calendar 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.

FieldValue & quoted sourcePage
Granting bodySherman County, TexasThis Tax Abatement Agreement (this “Agreement”) is made and entered into by and between Sherman County, Texas (the “County”), acting through its duly elected officers, and Great Prairie Wind II, LLC1
Contracting entityGreat Prairie Wind II, LLCThis Tax Abatement Agreement (this “Agreement”) is made and entered into by and between Sherman County, Texas (the “County”), acting through its duly elected officers, and Great Prairie Wind II, LLC1
Parent / guarantorNot stated in the agreement—
InstrumentTax Abatement AgreementTax Abatement Agreement1
Governing chapterChapter 312, Tax Code (property tax abatement)WHEREAS, the Commissioners Court of Sherman County, Texas (the “County Commissioners Court”) desires to promote economic development within its jurisdiction as authorized by the Property Redevelopment and Tax Abatement Act, as amended (Texas Tax Code § 312.001, et seq.), and the Guidelines;—
Capital investment$31,674,240.00capital investment of approximately thirty-one million six-hundred seventy-four thousand two hundred forty dollars ($31,674,240.00)5
Grant or incentiveNot stated in the agreement—
Jobs committedfive (5) new, permanent, full-time jobs a reasonable-efforts obligation, not a fixed commitmentcreate no less than five (5) new, permanent, full-time jobs that in part perform services in the County9
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineJune 30, 2023Owner agrees that the Project shall achieve Commercial Operations on or before June 30, 20236
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryPO ChoniBy: Fohur— Name: PO Choni19
Chain statusSuperseded by agreement 0006485—
Parcels · p. 24
421153 · 4211061 · 42144 · 421690 · 421485 · 4211044 · 421154 · 421689 · 42158 · 421655 · 42143 · 421654 · 421484 · 421469 · 42148 · 4211027 · 42157 · 4211026 · 42142 · 4211382 · 421155 · 421566 · 421483 · 421565 · 4211280 · 4211252
How to check this page

Every line above is in the contract.

Agreement 0001011 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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