The Abatement RegisterTom GreenAgreement 0002543
Texas Chapter 380 / 381 agreement · Tom Green

San Angelo Solar 2 LLC

Agreement 0002543, filed with the Texas Comptroller by Tom Green County, Texas.

100%of all categories of county property taxes assessed on the Eligible Property abated
December 1, 2022performance deadline
The obligation

What the contract requires.

“Owner anticipates that the Project will achieve Commercial Operations by no later than December 1, 2022.”Executed agreement, p. 8
“null”Executed agreement, p. ?
The repayment remedy

What happens if it is not met.

“IN THE EVENT OF A BREACH OF THIS PARAGRAPH IV(D), THE SOLE REMEDY OF THE COUNTY, AND OWNER’S SOLE LIABILITY, WILL BE FOR OWNER TO PAY TO THE COUNTY THE FULL AMOUNT OF ACTUAL TAXES ABATED AT ANY TIME UNDER THIS AGREEMENT ON THE REMOVED IMPROVEMENTS, LESS ANY PAYMENTS IN LIEU OF TAXES MADE AT ANY TIME TO THE COUNTY FOR THE REMOVED IMPROVEMENTS.”Executed agreement, p. 10

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 county property taxes assessed on the Eligible Property · p. 9

What was abated, and for how long.

100%Year 1
100%Year 2
100%Year 3
100%Year 4
100%Year 5
100%Year 6
100%Year 7
100%Year 8
100%Year 9
100%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 bodyTom Green County, TexasThis Tax Abatement Agreement (the “Agreement’) is made and entered into by and between Tom Green County, Texas (the “County”)5
Contracting entitySan Angelo Solar 2 LLCSan Angelo Solar 2 LLC, a Texas limited liability, owner of Eligible Property5
Parent / guarantorKnickerbocker Solar LLCSan Angelo Solar 2 LLC (aka “Knickerbocker Solar LLC”)1
InstrumentTax Abatement AgreementThis Tax Abatement Agreement (the “Agreement’) is made and entered into by and between Tom Green County, Texas5
Governing chapterChapter 312, Tax Code (property tax abatement)and WHEREAS, the Commissioners Court has designed and created the San Angelo Solar 2 Reinvestment Zone, the San Angelo Solar 2 Section B Reinvestment Zone and the San Angelo Solar 2 Section C Reinvestment Zone (collectively, the “Reinvestment Zones”) as authorized by Chapter 312 of the Texas Tax Code to encourage and facilitate such development;—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committednull figure taken from a schedule, not from covenant languagenull—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage12,588.32TOTAL ACREAGE 12,588.3231
Performance deadlineDecember 1, 2022Owner anticipates that the Project will achieve Commercial Operations by no later than December 1, 2022.8
ExpirationDecember 31 of the fifteenth Calendar Year after the commencement of the ‘Abatement Period“Term” means the period commencing on the Effective Date of this Agreement and ending on December 31 of the fifteenth Calendar Year after the commencement of the ‘Abatement Period.8
Effective dateApril 21, 2020Date: April 21, 202019
SignatoryWilliam GulleyPrint Name: William Gulley19
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 0002543 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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