The Abatement RegisterEl PasoAgreement 0003440
Texas Chapter 380 / 381 agreement · El Paso

Charter Communications, Inc.

Agreement 0003440, filed with the Texas Comptroller by County of El Paso, Texas.

$800,000committed capital investment
$181,116.00grant or incentive
929permanent jobs committed
24 months after the Effective Dateperformance deadline
The obligation

What the contract requires.

“Within 24 months after the Effective Date, Applicant shall submit documentation to the County to verify the following”Executed agreement, p. 5
“The Applicant will also activate and retain 929 full-time positions across the grant period”Executed agreement, p. 16
“$800,000 for local employee training programs”Executed agreement, p. 16
The repayment remedy

What happens if it is not met.

“Should the Applicant default under Section 5 of this Agreement, and provided that the cure period for such default has expired, all Grants provided by the County pursuant to this Agreement and provided during the time in which the Event of Default took place, shall be recaptured and repaid by Applicant”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 · Property Tax Rebate

What was abated, and for how long.

—7 consecutive 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 bodyCounty of El Paso, TexasCounty of El Paso, Texas, a political subdivision of the state of Texas, (the “County")1
Contracting entityCharter Communications, Inc.Charter Communications, Inc. and affiliates identified in Exhibit E, a Delaware corporation authorized to do business in Texas, (the “Applicant’)1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 Economic Development Program AgreementThis Chapter 381 Economic Development Program Agreement ("Agreement")1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> STATE OF TEXAS ) CHAPTER 381 ECONOMIC DEVELOPMENT ) PROGRAM AGREEMENT COUNTY OF EL PASO — ) This Chapter 381 Economic Development Program Agreement ("Agreement") is made and entered into on this day 21st of June, 2021 (“Effective Date”) by and between the County of El Paso, Texas, a political subdivision of the state of Texas, (the “County"), and Charter Communications, Inc.—
Capital investment$800,000$800,000 for local employee training programs16
Grant or incentive$181,116.00The aggregate amount that the County will provide in Grants shall not exceed $181,116.00.2
Jobs committed929The Applicant will also activate and retain 929 full-time positions across the grant period16
Wage requirement$20.40paying an average hourly salary of $20.4016
Square footage312956.00 SQ FT449 VISTA DEL SOL #163 5 (EXC NWC) (312956,00 SQ FT)16
AcreageNot stated in the agreement—
Performance deadline24 months after the Effective DateWithin 24 months after the Effective Date, Applicant shall submit documentation to the County to verify the following5
ExpirationNot stated in the agreement—
Effective date21st of June, 2021entered into on this day 21st of June, 2021 (“Effective Date”)1
SignatoryJessica M. FischerJessica M. Fischer as Executive Vice President, Finance for Charter Communications, Inc15
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 0003440 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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