The Abatement RegisterHuntAgreement 0002542
Texas Chapter 380 / 381 agreement · Hunt

SABERT CORPORATION

Agreement 0002542, filed with the Texas Comptroller by HUNT COUNTY.

December 31, 2019performance deadline
The obligation

What the contract requires.

“Company represents that it will use its best efforts to make a capital investment in Property with a minimum assessed value of 10 million dollars ($10,000,000) by December 31, 2019”Executed agreement, p. 2
“encourage Company to locate an industrial food packaging manufacturing business with over 100 manufacturing jobs in the County”Executed agreement, p. 1
Abatement schedule · Qualified Freeport Eligible Inventory Value

What was abated, and for how long.

—20 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 bodyHUNT COUNTYHUNT COUNTY ("County"), Texas, duly acting herein by and through its County Judge1
Contracting entitySABERT CORPORATIONSABERT CORPORATION ("Company") acting herein by and through their duly authorized officers.1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 AgreementThis Chapter 381 Agreement ("Agreement")1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> HUNT COUNTY AND SABERT CORPORATION STATE OF TEXAS COUNTY OF HUNT This Chapter 381 Agreement ("Agreement") is entered into on September 2lg 2017 by and between HUNT COUNTY ("County"), Texas, duly acting herein by and through its County Judge, and SABERT CORPORATION ("Company") acting herein by and through their duly authorized officers.—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedover 100 manufacturing jobs recital language, not a covenantencourage Company to locate an industrial food packaging manufacturing business with over 100 manufacturing jobs in the County1
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2019Company represents that it will use its best efforts to make a capital investment in Property with a minimum assessed value of 10 million dollars ($10,000,000) by December 31, 20192
ExpirationDecember 31, 2038The term of this Agreement shall be from the Effective Date through December 31, 20383
Effective dateSeptember 2lg 2017This Chapter 381 Agreement ("Agreement") is entered into on September 2lg 20171
SignatoryAlbert SalamaATTENTION: Albert Salama5
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 0002542 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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