The Abatement RegisterEllisAgreement 0003307
Texas Chapter 380 / 381 agreement · Ellis

Earth Root Holdings LLC

Agreement 0003307, filed with the Texas Comptroller by Ellis County.

55%of ADDED VALUE OF REAL PROPERTY AND ELIGIBLE PERSONAL PROPERTY abated
August 31, 2022performance deadline
The obligation

What the contract requires.

“Owner must obtain a Certificate of Occupancy (as defined below) for Phase 1 Building by August 31, 2022 for the Abatement Period to begin”Executed agreement, p. 3
“Year 10 210 $11,281,568 $53,069,629”Executed agreement, p. 4
Statutory clause

This is not a performance remedy.

“If Owner or an Affiliate of Owner fulfilling Owner’s obligations hereunder is convicted of a violation of 8 U.S.C. Section 1324(a)(f) as described in Exhibit “C”, this Agreement shall be terminated, and upon such termination, Owner shall immediately pay to the County the amount of County property tax abated in the prior year within thirty (30) days of receiving an invoice from the County of the amount due.”Executed agreement, p. 6

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 · ADDED VALUE OF REAL PROPERTY AND ELIGIBLE PERSONAL PROPERTY · p. 4

What was abated, and for how long.

55%Year 1
55%Year 2
55%Year 3
55%Year 4
55%Year 5
55%Year 6
55%Year 7
55%Year 8
55%Year 9
55%Year 10

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 bodyEllis CountyThis Tax Abatement Agreement (the “Agreement”) executed by and between Ellis County (“County”), and Earth Root Holdings LLC1
Contracting entityEarth Root Holdings LLCThis Tax Abatement Agreement (the “Agreement”) executed by and between Ellis County (“County”), and Earth Root Holdings LLC, a Delaware limited liability company (“Owner”)1
Parent / guarantorNot stated in the agreement—
InstrumentTax Abatement AgreementThis Tax Abatement Agreement (the “Agreement”)1
Governing chapterChapter 312, Tax Code (property tax abatement)The Texas Property Redevelopment and Tax Abatement Act, Texas Tax Code, Chapter 312 (the “Act”), in Section 312.201, provides that the governing body of an incorporated city has the power to create one or more reinvestment zones for the abatement of ad valorem taxes assessed against real property and/or personal property located on the real property in such zone provided that certain conditions as—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committed210 the quoted sentence states no obligationYear 10 210 $11,281,568 $53,069,6294
Wage requirementEllis County average wagewhich average wage must exceed the Ellis County average wage as calculated in the City of Midlothian Tax Abatement Policy4
Square footage900,000The first phase will consist of a 600,000+ square foot building... The second phase will consist of an additional minimum 300,000 square foot building2
Acreage70.537 acresBEING. all of Lot 2, Block A. Midlothian Business Park, an addition to the City of Midlothian, Texas... and containing 70.537 acres.17
Performance deadlineAugust 31, 2022Owner must obtain a Certificate of Occupancy (as defined below) for Phase 1 Building by August 31, 2022 for the Abatement Period to begin3
ExpirationNot stated in the agreement—
Effective dateSeptember 22, 2020to be effective on the 22th day of September 2020.1
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 0003307 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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