The Abatement RegisterPolkAgreement 0002403
Texas Chapter 380 / 381 agreement · Polk

Lone Spur Solar Energy LLC

Agreement 0002403, filed with the Texas Comptroller by Polk County, Texas.

1permanent jobs committed
100%of all categories of ad valorem property taxes abated
December 31, 2024performance deadline
The obligation

What the contract requires.

“will be substantially completed by December 31, 2024”Executed agreement, p. 2
“Owner agrees to provide and maintain during the Abatement Period, not fewer than One (1) new full-time job”Executed agreement, p. 5
The repayment remedy

What happens if it is not met.

“the County may terminate this Agreement and recapture all ad valorem taxes abated pursuant to the terms of this Agreement to the date of any default”Executed agreement, p. 11

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.

Abatement schedule · all categories of ad valorem property taxes · p. 3

What was abated, and for how long.

100%10 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 bodyPolk County, TexasTAX ABATEMENT AGREEMENT Between POLK COUNTY, TEXAS and LONE SPUR SOLAR ENERGY LLC1
Contracting entityLone Spur Solar Energy LLCTAX ABATEMENT AGREEMENT Between POLK COUNTY, TEXAS and LONE SPUR SOLAR ENERGY LLC1
Parent / guarantorInvenergyPolk County 312 Reinvestment Zone โ€” Lone Spur Solar Energy LLC Polk County, Texas September 24, 2021 Invenergy23
InstrumentTax Abatement AgreementTAX ABATEMENT AGREEMENT1
Governing chapterChapter 312, Tax Code (property tax abatement)TAX CODE ยง312.002(d), that this Agreement should be entered into notwithstanding any such inconsistency, and (ii) constitute a major investment in the Reinvestment Zone that will be a benefit to the Reinvestment Zone and will contribute to the economic development of the County.—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedOne (1) new full-time jobOwner agrees to provide and maintain during the Abatement Period, not fewer than One (1) new full-time job5
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage1,200 acreswill be sited on up to approximately 1,200 acres29
Performance deadlineDecember 31, 2024will be substantially completed by December 31, 20242
ExpirationNot stated in the agreement—
Effective dateSeptember 28, 2021effective as of September 28, 20211
SignatoryJonathan SaxonJonathan Saxon Senior Vice President of Development Lone Spur Solar Energy LLC41
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Project components · p. 29

- approximately 225,000 โ€” 325,000 solar modules/panels - 20 โ€” 40 inverters - metal mounting system with tracking capabilities - battery or battery system - underground conduit - communications cables and electric system wiring - combiner boxes - a project substation including breakers -a transformer and meters - overhead transmission lines - control house - an operations and maintenance facility - fencing for safety and security - telephone and internet communication system - meteorological equipment to measure solar irradiation and weather conditions.

Parcels · p. 25
10063000900 · 10063000810 · 10063001600 · 10525007200 · 10063001200 · 10063000710 · 10063005000 · 10525001900 · 10098000520 · 10060008626 · 10098001850 · 10098000600 · 10525004400 · 10063000700 · 10060009500 · 10060008200 · 10874000200 · 10060007700 · 10060009400 · 10060009000 · 10060008630 · 10060008300 · 10060007702 · 10060010900 · 10060007600 · 10098000200 · 10098000510 · 10098000300 · 10098000400 · 10874000100 · 10098000500 · 10063001805 · 10063002005 · 10063002100 · 10098000650 · 10063000100 · 10098001800 · 10063001400 · 10063000310 · 10063000400
How to check this page

Every line above is in the contract.

Agreement 0002403 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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