Agreement 0001333, filed with the Texas Comptroller by McLennan County, Texas.
The remedy here is discretionary — the clause says it may be applied, not that it must be.
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 | McLennan County, TexasThis Agreement is entered into by and between McLennan County, Texas (hereinafter “COUNTY”), and ZINKPOWER-WACO, LLC | 2 |
| Contracting entity | ZINKPOWER-WACO, LLCThis Agreement is entered into by and between McLennan County, Texas (hereinafter “COUNTY”), and ZINKPOWER-WACO, LLC (hereinafter "ZINKPOWER") | 2 |
| Parent / guarantor | ZINKPOWER-USA Inc.ZINKPOWER-WACO. 2 wholly owned subsidiary of ZINKPOWER-USA Inc.. a Texas company desires to build a hot-dip galvanizing facility | 21 |
| Instrument | Industrial Business GrantAGREEMENT FOR INDUSTRIAL BUSINESS GRANT | 2 |
| Governing chapter | Chapter 380/381, Local Government Code2019-919 December 3, 2019 CERTIFICATE OF COMPLETION FOR AGREEMENT FOR CHAPTER 380 GRANT BETWEEN ZINKPOWER-WACO, LLC AND THE CITY OF WACO, TEXAS THE STATE OF TEXAS § § COUNTY OF MCLENNAN § ZINKPOWER-WACO, LLC (“Owner”) acting by and through its authorized representative, hereby certifies that it has invested at least $18,000,000.00 in REAL PROPERTY IMPROVEMENTS and $13,000,000.00 in NEW TAXABLE BUS | — |
| Capital investment | $18,000,000.00ZINKPOWER will invest no less than Eighteen Million Dollars ($18,000,000.00) in taxable real property improvements | 5 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 100ZINKPOWER shall create no less than one hundred (100) new jobs | 6 |
| Wage requirement | $12.00/hr.is paid a minimum of twelve dollars per hour ($12.00/hr.) | 6 |
| Square footage | 161,000 sq. ft.intends to construct an approximately 161,000 sq. ft. building | 4 |
| Acreage | 48.275 acresZINKPOWER owns approximately 48.275 acres of land | 4 |
| Performance deadline | March 31, 2021By the deadline of March 31, 2021, ZINKPOWER will make a total capital investment of no less than Thirty One Million Dollars ($31,000,000.00) | 5 |
| Expiration | December 31, 2027shall retain its total job commitment of 100 jobs through the entire term of this Agreement. (December 31, 2027) | 9 |
| Effective date | June 2, 2020Approved on June 2, 2020 | 1 |
| Signatory | Tim PendleyTim Pendley | 3 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0001333 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.