Agreement 0002181, filed with the Texas Comptroller by PECOS COUNTY, 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 | PECOS COUNTY, TexasPECOS COUNTY, Texas, a Texas political subdivision | 3 |
| Contracting entity | Lancium, LLCLancium, LLC, a Delaware limited liability company | 3 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Program AgreementEconomic Development Program Agreement | 3 |
| Governing chapter | Chapter 381, Local Government CodeOF PECOS COUNTY, TEXAS ORDER TO APPROVE ECONOMIC DEVELOPMENT AGREEMENT WITH LANCIUM, LLC WHEREAS, on the _7 "™ day of September, 2021, came on for consideration the determination of whether to approve an Economic Development Agreement with Lancium, LLC, WHEREAS, the Commissioners Court of Pecos County has determined that it is eligible to participate in Economic Development Agreements pursuant to | — |
| Capital investment | $800,000,000$800,000,000 in improvements to real property and additions to personal property | 3 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 57 recital language, not a covenantLancium LLC intends to hire at least 57 new full-time and/or full-time equivalent employees | 3 |
| Wage requirement | $67,000an average annual salary of at least $67,000 | 6 |
| Square footage | 100,000approximately one hundred thousand (100,000) square feet of industrial electric services equipment and data servers | 3 |
| Acreage | 200development of the Project on approximately 200 acres of land | 3 |
| Performance deadline | December 31, 2031agrees to spend a cumulative total of at least eight hundred million dollars ($800,000,000) in improvements to real property and additions to personal property within the County no later than December 31, 2031 | 5 |
| Expiration | following the final day of 240th monthThis abatement agreement will terminate following the final day of 240th month. | 5 |
| Effective date | 9/2/21Date: 9/2/21 | 12 |
| Signatory | Eric KutschaName: Eric Kutscha | 12 |
| Chain status | Superseded by agreement 0009160 | — |
Agreement 0002181 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.