Evolve Biologics (USA) Inc.

Agreement 0003110, filed with the Texas Comptroller by Dallas County, Texas.

320permanent jobs committed

40–60%of real property increases abated

January 1, 2024performance deadline

The obligation

What the contract requires.

“effective no later than January 1, 2024”Executed agreement, p. 1

“Total Jobs | 250 320 320 320 320 320 320 320 320 320”Executed agreement, p. 7

The repayment remedy

What happens if it is not met.

“all taxes which otherwise would have been paid by the Owner to the County without the benefit of the Tax Abatement, including interest and penalties thereon (“Recapture Liability”), will become a debt to the County”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 · real property increases · p. 1

What was abated, and for how long.

40%10 years

60%10 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.

Field	Value & quoted source	Page
Granting body	Dallas County, TexasDallas County, Texas (“County”), a political subdivision of the State of Texas	4
Contracting entity	Evolve Biologics (USA) Inc.EVOLVE BIOLOGICS (USA) INC., a Delaware Corporation (“Owner”)	4
Parent / guarantor	Not stated in the agreement	—
Instrument	Tax Abatement AgreementThis Tax Abatement Agreement (“Agreement”) is made and entered into	4
Governing chapter	Chapter 312, Tax Code, and Chapter 381, Local Government CodeWITNESSETH: WHEREAS, the County has adopted a Tax Abatement Policy (“Policy”), by the passage of Dallas County Commissioners Court Order 2019-0129 on the Sth day of February, 2019, that contains the guidelines and criteria used to determine the provision of tax abatement assistance from the County authorized under the Property Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code,	—
Capital investment	Not stated in the agreement	—
Grant or incentive	Not stated in the agreement	—
Jobs committed	320Total Jobs \| 250 320 320 320 320 320 320 320 320 320	7
Wage requirement	$62,000Average $73,000 \| $62,000 \| $62,000 \| $62,000 \| $62,000 \| $62,000 \| $62,000 \| $62,000 \| $62,000 \| $62,000	7
Square footage	Not stated in the agreement	—
Acreage	11.266 Acrescontaining 490,729 Square Feet, or 11.266 Acres of land.	33
Performance deadline	January 1, 2024effective no later than January 1, 2024	1
Expiration	Not stated in the agreement	—
Effective date	4 June 2021Date: 4 June 2021	16
Signatory	Mark KrauseName: Mark Krause	16
Chain status	Superseded by agreement 0006126	—

How to check this page

Every line above is in the contract.

Agreement 0003110 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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