The Abatement RegisterBrazoriaAgreement 0002572
Texas Chapter 380 / 381 agreement · Brazoria

Longbow Solar LLC

Agreement 0002572, filed with the Texas Comptroller by Brazoria County.

$64,000,000.00committed capital investment
3permanent jobs committed
50–715%of Eligible Property Tax Revenues abated
The obligation

Terms the contract defines.

“Completion Deadline” means on or before December 31, 2022.”Executed agreement, p. 2
“Create no less than three (3) new permanent jobs.”Executed agreement, p. 8
“Expend no less than $64,000,000.00 on Development Costs for the Project.”Executed agreement, p. 8

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 repayment remedy

What happens if it is not met.

“TERMINATION OF THIS AGREEMENT AND RECAPTURE OF CHAPTER 381 PAYMENTS PREVIOUSLY MADE”Executed agreement, p. 13

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 · Eligible Property Tax Revenues · p. 10

What was abated, and for how long.

100%Year One
100%Year Two
100%Year Three
715%Year Four
50%Year Five
50%Year Six
50%Year Seven

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 bodyBrazoria CountyBrazoria County (hereinafter referred to as the “County”)1
Contracting entityLongbow Solar LLCLongbow Solar LLC, (hereinafter referred to as “Longbow”), a Limited Liability Company1
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development AgreementSECOND MODIFICATION TO ECONOMIC DEVELOPMENT AGREEMENT1
Governing chapterChapter 381, Local Government CodeAUTHORIZATION 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$64,000,000.00Expend no less than $64,000,000.00 on Development Costs for the Project.8
Grant or incentiveNot stated in the agreement—
Jobs committedthree (3) new permanent jobsCreate no less than three (3) new permanent jobs.8
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage625 acreson approximately 625 acres of land located in the County1
Performance deadlineDecember 31, 2022 defined term, not a covenantCompletion Deadline” means on or before December 31, 2022.2
ExpirationNot stated in the agreement—
Effective date10/28/2020Date signed: 10/28/20203
SignatoryNicko KeeneNicko Keene3
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 19
379478 · 365688 · 389908
How to check this page

Every line above is in the contract.

Agreement 0002572 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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