The Abatement RegisterWallerAgreement 0002834
Texas Chapter 380 / 381 agreement · Waller

DURO HILEX POLY, LLC

Agreement 0002834, filed with the Texas Comptroller by WALLER COUNTY, TEXAS.

$4,450,000.00committed capital investment
50–75%of personal property Improvements abated
January 1, 2022performance deadline
The obligation

What the contract requires.

“DURO HILEX POLY shall make or cause to be made personal property improvements (the “Improvements”) on the Premises thereon on or before January 1, 2022.”Executed agreement, p. 2
“at least 120 Employees (as defined herein) must be employed at or based from the Premises.”Executed agreement, p. 3
“New Equipment for Additional Production $1,000,000.00 Lines $1,450,000.00 $1,000,000.00 $1,000,000.00 $4,450,000.00”Executed agreement, p. 21
The repayment remedy

What happens if it is not met.

“terminate this Agreement, and the County, in such event, shall be entitled to recapture any and all property taxes which have been abated as a result of this Agreement for those years in which DURO HILEX POLY were in default”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 · personal property Improvements · p. 6

What was abated, and for how long.

75%Year 1 (2022)
75%Year 2 (2023)
50%Year 3 (2024)
50%Year 4 (2025)
50%Year 5 (2026)

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 bodyWALLER COUNTY, TEXASTAX ABATEMENT AGREEMENT BETWEEN WALLER COUNTY, TEXAS AND DURO HILEX POLY, LLC1
Contracting entityDURO HILEX POLY, LLCTAX ABATEMENT AGREEMENT BETWEEN WALLER COUNTY, TEXAS AND DURO HILEX POLY, LLC1
Parent / guarantorNot stated in the agreement—
InstrumentTax Abatement AgreementTAX ABATEMENT AGREEMENT BETWEEN WALLER COUNTY, TEXAS AND DURO HILEX POLY, LLC1
Governing chapterNot stated in the agreement—
Capital investment$4,450,000.00New Equipment for Additional Production $1,000,000.00 Lines $1,450,000.00 $1,000,000.00 $1,000,000.00 $4,450,000.0021
Grant or incentiveNot stated in the agreement—
Jobs committed120 recital language, not a covenantat least 120 Employees (as defined herein) must be employed at or based from the Premises.3
Wage requirementNot stated in the agreement—
Square footage534,512 Square Feetcontaining within these calls 12.2707 Acres, or 534,512 Square Feet of land.18
Acreage12.2707 ACRESA TRACT OR PARCEL OF LAND CONTAINING 12.2707 ACRES LOCATED IN THE WILLIAM COOPER SURVEY, ABSTRACT NO.2015
Performance deadlineJanuary 1, 2022DURO HILEX POLY shall make or cause to be made personal property improvements (the “Improvements”) on the Premises thereon on or before January 1, 2022.2
ExpirationDecember 31, 2026Said Abatement Period shall extend for a period of years, commencing January 1, 2022 and terminating December 31, 2026.6
Effective dateMay 26, 2021on this the 26th day of May, 2021.1
SignatoryChad KidneyChad Kidney Tax Department 100 East Caroline Ave. Hartsville, SC 2955014
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 0002834 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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