The Abatement RegisterEllisAgreement 0001890
Texas Chapter 380 / 381 agreement · Ellis

Comerstone Development Partners, LLC

Agreement 0001890, filed with the Texas Comptroller by Ellis County.

55–65%of Added Value of Real Property and Eligible Personal Property abated
December 31, 2022performance deadline
The obligation

What the contract requires.

“Construction is planned to commence by August 2021 and shall be completed by December 31, 2022.”Executed agreement, p. 3
“2023 106 $6,200,000 $110,000,000”Executed agreement, p. 4
Statutory clause

This is not a performance remedy.

“If either Owner or SunOpta is convicted of a violation of 8 U.S.C. Section 1324(a)(f) as described in Exhibit “C”, this Agreement shall be terminated, and upon such termination, Owner shall immediately pay to the County the amount of County property tax abated in the prior year within thirty (30) days of receiving an invoice from the County of the amount due.”Executed agreement, p. 8

Texas Government Code 2264 requires this provision in every such agreement. It is triggered by employing unauthorised workers, not by missing a build or jobs target. The contract records no repayment remedy for the obligations above.

Abatement schedule · Added Value of Real Property and Eligible Personal Property · p. 4

What was abated, and for how long.

65%2023
65%2024
65%2025
65%2026
55%2027
55%2028
55%2029
55%2030

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 bodyEllis Countyexecuted by and between Ellis County ("County"), and Comerstone Development Partners, LLC1
Contracting entityComerstone Development Partners, LLCexecuted by and between Ellis County ("County"), and Comerstone Development Partners, LLC1
Parent / guarantorSunOpta Grains and Foods, Inc.the County and SunOpta Grains and Foods, Inc., a Minnesota corporation and subsidiary of SunOpta Foods, Inc.1
InstrumentTax Abatement AgreementThis 1** Amended Tax Abatement Agreement1
Governing chapterChapter 312, Tax Code (property tax abatement)The County has established guidelines and criteria governing tax abatement agreements and has adopted a resolution stating that the County elects to be eligible to participate in tax abatement, as required by Section 312.002(a) of the Property Redevelopment and Tax Abatement Act, as amended, (the “Act”).—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committed106 figure taken from a schedule, not from covenant language2023 106 $6,200,000 $110,000,0004
Wage requirement$6,200,0002023 106 $6,200,000 $110,000,0004
Square footage275,000Owner plans to construct a 275,000 square foot building on the Property2
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2022Construction is planned to commence by August 2021 and shall be completed by December 31, 2022.3
ExpirationDecember 31, 2030the Abatement Period shall begin on January 1, 2023 and conclude on December 31, 20303
Effective dateupon which the Owner acquires fee simple title to the Propertyto be effective on the date upon which the Owner acquires fee simple title to the Property1
SignatoryJohn RobertsAttn: John Roberts9
Chain statusTerminal 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 0001890 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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