The Abatement RegisterDallasAgreement 0003113
Texas Chapter 380 / 381 agreement · Dallas

Equinix Inc.

Agreement 0003113, filed with the Texas Comptroller by Dallas County, Texas.

twenty-fivepermanent jobs committed
50%of real property abated
January 1, 2021performance deadline
The obligation

What the contract requires.

“effective no later than J anuary 1, 2021”Executed agreement, p. 1
“creating twenty-five new full-time-equivalent jobs”Executed agreement, p. 1
Statutory clause

This is not a performance remedy.

“if the Owner is convicted of a violation under 8 U.S.C. Section 1324a(f), Owner shall repay all taxes which otherwise would have been paid to the County without the benefit of the tax abatement, including interest and penalties”Executed agreement, p. 13

Texas Government Code 2264 requires this provision in every such agreement. It is triggered by employing unauthorised workers, not by missing a build or jobs target. The contract records no repayment remedy for the obligations above.

Abatement schedule · real property · p. 1

What was abated, and for how long.

50%five-year

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 bodyDallas County, TexasDallas County, Texas (“County’), a political subdivision of the State of Texas4
Contracting entityEquinix Inc.Equinix Inc. (“Qwner’), a Delaware limited liability company4
Parent / guarantorNot stated in the agreement—
InstrumentTax AbatementTax Abatement Agreement4
Governing chapterChapter 312, Tax Code, and Chapter 381, Local Government Coded through its authorized officers for the purposes and considerations stated below: WITNESSETH: WHEREAS, the County has adopted a Tax Abatement Policy (‘Policy’), by the passage of Dallas County Commissioners Court Order 2019- on the 5th 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 —
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedtwenty-fivecreating twenty-five new full-time-equivalent jobs1
Wage requirement$62,000average salary of $62,0002
Square footage242,000-square-foot242,000-square-foot data center tower2
Acreage6.996 acrescontaining 304,748 square feet or 6.996 acres, more or less18
Performance deadlineJanuary 1, 2021effective no later than J anuary 1, 20211
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryPaul ZhuName: Paul Zhu14
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 5
00100100010030000
How to check this page

Every line above is in the contract.

Agreement 0003113 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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