The Abatement RegisterDallasAgreement 0003118
Texas Chapter 380 / 381 agreement · Dallas

Amazon.com.kydc LLC

Agreement 0003118, filed with the Texas Comptroller by Dallas County, Texas.

50090permanent jobs committed
5–75%of business personal property abated
January 1, 2017performance deadline
The obligation

What the contract requires.

“The 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 Employment Requirement and Eligible Business Personal Property Value Requirement, which shall be no later than January 1, 2017.”Executed agreement, p. 6
“the creation of 500-900 jobs at an average salary of at least $30,000”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 and shall be due, owing and paid to the County within sixty (60) calendar days of the expiration of the above-mentioned applicable cure period as the”Executed agreement, p. 8

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. 3

What was abated, and for how long.

50%10 years
62.5%10 years
75%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.

FieldValue & quoted sourcePage
Granting bodyDallas County, TexasThis Tax Abatement Agreement (“Agreement”) is made and entered into as of the 14th day of April , 2015, by and between Dallas County, Texas (“County’), duly acting by and through its Commissioners Court, and Amazon.com.kydc LLC (“Owner’), duly acting by and through their authorized officers, for the purposes and considerations stated below:4
Contracting entityAmazon.com.kydc LLCThis Tax Abatement Agreement (“Agreement”) is made and entered into as of the 14th day of April , 2015, by and between Dallas County, Texas (“County’), duly acting by and through its Commissioners Court, and Amazon.com.kydc LLC (“Owner’), duly acting by and through their authorized officers, for the purposes and considerations stated below:4
Parent / guarantorAmazon.com, Inc.Amazon.com.kyde LLC c/o Amazon.com, Inc. Attn: Real Estate Manager (NAFC Ops/FTW1) 410 Terry Avenue North Seattle, WA 98109-52109
Instrumenttax abatementBe it resolved and ordered that the Dallas County Commissioners Court authorizes the provision of a ten-year, 50% tax abatement on business personal property that can be increased up to 75%, depending upon actual job creation, to Amazon.com.kydc LLC1
Governing chapterChapter 312, Tax Code, and Chapter 381, Local Government Codely acting by and through their 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 investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committed500-900the creation of 500-900 jobs at an average salary of at least $30,0002
Wage requirement$30,000the creation of 500-900 jobs at an average salary of at least $30,0002
Square footage500,000the utilization of a new 500,000-square-foot building that is presently being constructed as a “spec” development by Trammel Crow2
AcreageNot stated in the agreement—
Performance deadlineJanuary 1, 2017The 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 Employment Requirement and Eligible Business Personal Property Value Requirement, which shall be no later than January 1, 2017.6
ExpirationNot stated in the agreement—
Effective dateApril 14, 2015This Tax Abatement Agreement (“Agreement”) is made and entered into as of the 14th day of April , 2015, by and between Dallas County, Texas (“County’), duly acting by and through its Commissioners Court, and Amazon.com.kydc LLC (“Owner’), duly acting by and through their authorized officers, for the purposes and considerations stated below:4
SignatoryNot stated in the agreement—
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 0003118 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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