The Abatement RegisterHuntAgreement 0003031
Texas Chapter 380 / 381 agreement · Hunt

ZUME, INC.

Agreement 0003031, filed with the Texas Comptroller by HUNT COUNTY.

December 31, 2020performance deadline
The obligation

What the contract requires.

“Capital Investment I Assessed Value. Company represents that it will use its best efforts to make a capital investrnent in Property with a minimum assessed value of ten million dollars ($10,000,000) by December 31, 2020”Executed agreement, p. 1
“encourage Company to locate an industrial perishable container manufacturing business with over 100 new 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 COUNTYCHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN HUNT COUNTY AND ZUME, INC.1
Contracting entityZUME, INC.CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN HUNT COUNTY AND ZUME, INC.1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 AgreementThis Chapter 381 Agreement ("Agreement") is entered into on ("Effective ¥ Date") by and between HUNT COUNTY ("County"), Texas, duly acting herein by and through its County Judge. and ZUME INC. ("Company")1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> DocuSign Envelope ID: OEB64117-3579-4D0C-BBF 6-69 1694 7A79E7 Hs (132 CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN HUNT at_!1- ileD Fo COUNTY AND ZUME, INC.—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedover 100 new manufacturing jobs recital language, not a covenantencourage Company to locate an industrial perishable container manufacturing business with over 100 new 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, 2020Capital Investment I Assessed Value. Company represents that it will use its best efforts to make a capital investrnent in Property with a minimum assessed value of ten million dollars ($10,000,000) by December 31, 20201
ExpirationDecember 31, 2039Term. The term of this Agreement shall be from the Effective Date through December 31, 20392
Effective dateNot stated in the agreement—
SignatoryTimothy ClearyTimothy Cleary Name:3
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 0003031 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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