Amazon.com.kydc LLC

Agreement 0003117, filed with the Texas Comptroller by Dallas County, Texas.

30–45%of Business Personal Property abated

January 1, 2019performance deadline

The obligation

What the contract requires.

“which shall be no later than January 1, 2019”Executed agreement, p. 8

“expected to employ at least 400 people”Executed agreement, p. 2

The repayment remedy

What happens if it is not met.

“Upon the occurrence of an Event of Default under Section VI (1)(iv), all taxes which otherwise would have been paid 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 · Business Personal Property · p. 24

What was abated, and for how long.

30%10 years

35%10 years

40%10 years

45%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”)	5
Contracting entity	Amazon.com.kydc LLCAmazon.com.kydc LLC (“Owner”)	5
Parent / guarantor	Amazon.com, Inc.Amazon.com, Inc. 410 Terry Avenue North Seattle, Washington 98109	10
Instrument	Tax AbatementThis Tax Abatement Agreement (“Agreement’)	5
Governing chapter	Chapter 312, Tax Code, and Chapter 381, Local Government Codeduly acting by and 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 Court Order 2015-0054 on the 13th day of January, 2015, that contains the guidelines and criteria used to determine the provision of economic development tax incentive assistance from the County under	—
Capital investment	Not stated in the agreement	—
Grant or incentive	Not stated in the agreement	—
Jobs committed	400 recital language, not a covenantexpected to employ at least 400 people	2
Wage requirement	$27,000the average salary of the jobs associated with this project will be about $27,000.	2
Square footage	Not stated in the agreement	—
Acreage	60.173 ACRE60.173 ACRE BEING A 60.173 ACRE TRACT OF LAND	15
Performance deadline	January 1, 2019which shall be no later than January 1, 2019	8
Expiration	January 1, 2029The Tax Abatement provided under this Agreement is for a period of ten (10) years (the “Tax Abatement Period”) and shall begin when Owner has satisfied the Agreement’s Eligible Business Personal Property Value Requirement and Job Creation Requirement, which shall be no later than January 1, 2019.	8
Effective date	July 5, 2016Done in open court] uly 5, 2016	1
Signatory	Not stated in the agreement	—
Chain status	Terminal 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 0003117 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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