Agreement 0002371, filed with the Texas Comptroller by Brazoria County.
The dated sentence above defines a term used elsewhere in the contract. It is recorded here as a definition, not as a performance obligation.
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 | Brazoria CountyBrazoria County ("County") | 1 |
| Contracting entity | THE DOW CHEMICAL COMPANYTHE DOW CHEMICAL COMPANY, (“DOW”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development AgreementThis Economic Development Agreement (hereinafter referred to as the "Agreement") | 1 |
| Governing chapter | Chapter 381, Local Government CodeCounty and Dow are sometimes referred to herein collectively as the “Parties” and each individually as a “Party.” AUTHORIZATION This Agreement is authorized by the Texas Local Government Code, Chapter 381 — County Development and Growth -- and by Order of the Brazoria County Commissioners Court approving this agreement. | — |
| Capital investment | $50,000,000Expend no less than $50,000,000 on Development Costs for the Project. | 4 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 30 the quoted sentence states no obligationCreate 30 new research and development jobs during the Rebate Period of Project A and B. | 4 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 200,000Project A shall consist of a four-story office building with approximately 200,000 square feet | 3 |
| Acreage | 13.409 acresdevelopment of approximately 13.409 acres of land (Project A) | 1 |
| Performance deadline | December 31, 2016 for Project A and December 31, 2018 for Project B defined term, not a covenant“Completion Deadline” means December 31, 2016 for Project A and December 31, 2018 for Project B. | 2 |
| Expiration | Not stated in the agreement | — |
| Effective date | Not stated in the agreement | — |
| Signatory | Fqy/ Shipe/Name: Fqy/ Shipe/ | 10 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0002371 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.