Agreement 0003632, filed with the Texas Comptroller by McLennan County, Texas.
The remedy here is discretionary — the clause says it may be applied, not that it must be.
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.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | McLennan County, TexasThis Agreement is entered into by and between McLennan County, Texas (hereinafter “COUNTY”), | 1 |
| Contracting entity | ENVASES COMMERCE, LLC, and IZ TEXAS, LLCand ENVASES COMMERCE, LLC, a Delaware limited liability company, “CENVASES”), and IZ TEXAS, LLC, a Texas limited liability company (“IZ” and together with ENVASES, the “Companies”). | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Industrial Business GrantCompanies seek the provision of economic development incentives from the COUNTY in the form of an Industrial Business Grant | 1 |
| Governing chapter | Chapter 380/381, Local Government Codeapper _ — | 150, 000 | Transports, Platforms and Engineering fp 18, 000, 000 Auxiliary Equipments 14,000,000 | JLGG 25/Sep./2020 <<<PAGE 18>>> es RRMASEONSS NOILONYLSNOO ee OO¥M 3 oreg~rer {108} 660R8 invLEs “NeduOr tz ins ‘ESM OOEE HLAGS Slo 2b tk oe ¥ FAWN + STOHOM Wf N Hg D <f EXHIBIT"A” f= URfinmman nmr = MEIN HHH ca) nn iC <<<PAGE 19>>> Exhibit “B” CERTIFICATE OF COMPLETION FOR AGREEMENT FOR | — |
| Capital investment | $65,000,000.00ENVASES shall invest at the Premises no less than Sixty-Five Million Dollars ($65,000,000.00) in personal property improvements | 4 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 121ENVASES shall create, fill, and retain at least One Hundred Twenty-One (121) new full-time jobs | 5 |
| Wage requirement | $44,500.00the average annual wage for the Jobs shall be no less than $44,500.00, excluding benefits | 6 |
| Square footage | 450,000the Companies will establish at least a 450,000 square foot, aluminum beverage packaging manufacturing facility | 3 |
| Acreage | 60.9IZ shall acquire approximately 60.9 acres located along Wycon Drive, Waco, Texas | 3 |
| Performance deadline | August 1, 2022In the event that the Companies fail to meet their obligations under this Agreement and fail to obtain the signed Certificate of Completion on or before August 1, 2022, this Agreement will be terminated | 5 |
| Expiration | June 30, 2033This Agreement shall be effective from Effective Date until June 30, 2033 (the “Term”). | 13 |
| Effective date | January 11, 2021This Agreement for Business Grant (“Agreement”) is entered into to be effective as of the 11 day of January, 2021 (the “Effective Date”) | 3 |
| Signatory | Francisco Javier Pietrini ZapataFrancisco Javier Pietrini Zapata, Manager (Title) | 2 |
| Chain status | Superseded by agreement 0011270, 0013830 | — |
Agreement 0003632 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.
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.