The Abatement RegisterCraneAgreement 0002495
Texas Chapter 380 / 381 agreement · Crane

Bobcat Hills Solar LLC

Agreement 0002495, filed with the Texas Comptroller by Crane County, Texas.

$120,000,000committed capital investment
1permanent jobs committed
85–90%of property taxes on the Certified Appraised Value of all Improvements abated
The obligation

What the contract requires.

“Owner shall complete construction of the Improvements by no later 31, 2019.”Executed agreement, p. 4
“For every year during the Term after the construction of the Improvements has been completed, Owner, its contractors and their respective affiliates will collectively employ at least [one (1)] full time employee.”Executed agreement, p. 22
“will have an initial market value of approximately one hundred twenty million dollars ($120,000,000)”Executed agreement, p. 4

The date in this field is not fully supported by the sentence quoted beside it, usually because the scan is damaged or the contract states a period rather than a date. It is shown as read, flagged, and not relied on.

The repayment remedy

What happens if it is not met.

“As required by section 312.205 of the Texas Tax Code, if Owner fails to make the Improvements as provided for by this Agreement, the County shall be entitled to cancel the Agreement and recapture property tax revenue lost as a result of the Agreement”Executed agreement, p. 9

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 · property taxes on the Certified Appraised Value of all Improvements · p. 5

What was abated, and for how long.

90%Year 1
90%Year 2
90%Year 3
90%Year 4
90%Year 5
85%Year 6
85%Year 7
85%Year 8
85%Year 9
85%Year 10

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 bodyCrane County, TexasCrane County, Texas (“County”), acting through its duly elected officers1
Contracting entityBobcat Hills Solar LLCBobcat Hills Solar LLC, a Texas limited partnership, owner of Eligible Property1
Parent / guarantorNot stated in the agreement—
InstrumentTax Abatement AgreementThis Tax Abatement Agreement (the “Agreement”) is made and entered into1
Governing chapterChapter 312, Tax Code (property tax abatement)Authorization This Agreement is authorized and governed by Chapter 312 of the Texas Tax Code, as amended, and by the Crane County Guidelines and Criteria for Granting Tax Abatements.—
Capital investment$120,000,000will have an initial market value of approximately one hundred twenty million dollars ($120,000,000)4
Grant or incentiveNot stated in the agreement—
Jobs committed1For every year during the Term after the construction of the Improvements has been completed, Owner, its contractors and their respective affiliates will collectively employ at least [one (1)] full time employee.22
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2019 date not fully supported by the quoted sentenceOwner shall complete construction of the Improvements by no later 31, 2019.4
ExpirationNot stated in the agreement—
Effective dateJuly 3, 2018Date:_ Ju\y 3,201814
SignatoryARBOBCAT HILLS SOLAR LLC, a Delaware limited —, company By: AR14
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 19
103165 · 103778 · 103100 · 103963 · 103102 · 103964 · 103102 · 103936 · 103710 · 103898 · 10389 · 10391 · 103902 · 10392 · 103937 · 10393 · 103949 · 10394
How to check this page

Every line above is in the contract.

Agreement 0002495 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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