The Abatement RegisterOrangeAgreement 0003586
Texas Chapter 380 / 381 agreement · Orange

HALLWOOD MODULAR BUILDINGS, LLC

Agreement 0003586, filed with the Texas Comptroller by ORANGE COUNTY, TEXAS.

$15,000,000.00committed capital investment
20–90%of Value Abated abated
The obligation

Terms the contract defines.

“12.“Termination Date” means December 31, 2024.”Executed agreement, p. 5
“2. Employment: To maintain from the date of completion of the Project until the Termination Date an employment level of not less than 10 full-time employees”Executed agreement, p. 6
“iii) Modular buildings for lease over term $15,000,000.00”Executed agreement, p. 6

The dated sentence above defines a term used elsewhere in the contract. It is recorded here as a definition, not as a performance obligation.

The remedy

The agreement terminates.

“2. Notice and Cure: If the COUNTY declares HALLWOOD to be in default of this AGREEMENT, the COUNTY shall notify HALLWOOD in writing prior to the end of the abatement period, and if such default is not cured within sixty (60) days from the date of such notice (such sixty (60) day period, or such longer period as is provided for in this Section 2 being referred to as the “Cure Period”), then this AGREEMENT may be termi”Executed agreement, p. 8

This clause ends the agreement. It states no repayment of money already received.

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 · Value Abated · p. 7

What was abated, and for how long.

90%2017
90%2018
90%2019
90%2020
80%2021
60%2022
40%2023
20%2024

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 bodyORANGE COUNTY, TEXASbetween ORANGE COUNTY, TEXAS and HALLWOOD MODULAR BUILDINGS, LLC2
Contracting entityHALLWOOD MODULAR BUILDINGS, LLCbetween ORANGE COUNTY, TEXAS and HALLWOOD MODULAR BUILDINGS, LLC2
Parent / guarantorNot stated in the agreement—
InstrumentCHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENTThis CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT (the “AGREEMENT’) is made, entered, and executed in duplicate originals by and between ORANGE County, Texas, acting through its Commissioners Court (“COUNTY”) and HALLWOOD MODULAR BUILDINGS, LLC, ("HALLWOOD"), as authorized by Chapter 381, Texas Local Government Code.2
Governing chapterChapter 312, Tax Code, and Chapter 381, Local Government Codeand WHEREAS, Chapter 312, Tax Code, V.A.C.S.—
Capital investment$15,000,000.00iii) Modular buildings for lease over term $15,000,000.006
Grant or incentiveNot stated in the agreement—
Jobs committed10 full-time employees recital language, not a covenant2. Employment: To maintain from the date of completion of the Project until the Termination Date an employment level of not less than 10 full-time employees6
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage9.942 Acresto the POINT OF BEGINNING and containing, 9.942 Acres, of land,17
Performance deadlineDecember 31, 2024 defined term, not a covenant12.“Termination Date” means December 31, 2024.5
ExpirationDecember 31, 202412.“Termination Date” means December 31, 2024.5
Effective dateMay 17, 2016Executed in duplicate this the_17'" day of May, 2016 ORANGE COUNTY14
SignatoryJoe KoenigBy: Jeph Kat a Orafige County Judge Chief Financial Officer The Honorable Stephen Brint Carlton14
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 16
266460 · 337101
How to check this page

Every line above is in the contract.

Agreement 0003586 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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