The Abatement RegisterGreggAgreement 0003766
Texas Chapter 380 / 381 agreement · Gregg

DG Distribution of Texas, LLC

Agreement 0003766, filed with the Texas Comptroller by Gregg County, Texas.

$70,000,000.00committed capital investment
75%of Local Inventory Tax abated
The obligation

Terms the contract defines.

“Occupancy Date. The term “Occupancy Date” means September 30, 2019.”Executed agreement, p. 3
“the Company expects to employ at least 400 Full-Time Employees”Executed agreement, p. 1
“Investment Goal. The term “Investment Goal” means the construction and outfitting of the Project ori the Property at a minimum cost (actual amounts spent related to construction improvements, installation of furniture, fixtures, and equipment and other costs more fully described in Article II of this Agreement) of SEVENTY MILLION AND NO/100 DOLLARS ($70,000,000.00).”Executed agreement, p. 2

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

What the contract says happens.

“the total amount paid by the Company including interest shall not exceed $125,000”Executed agreement, p. 6

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 · Local Inventory Tax · p. 5

What was abated, and for how long.

75%2019
75%2020
75%2021
75%2022
75%2023
75%2024
75%2025
75%2026
75%2027
75%2028
75%2029
75%2030
75%2031
75%2032

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 bodyGregg County, TexasGregg County, Texas (hereinafter called the “County”).1
Contracting entityDG Distribution of Texas, LLCDG Distribution of Texas, LLC, a Tennessee limited liability company, (hereinafter called the “Company’),1
Parent / guarantorDollar General CorporationDollar General Corporation Attn: Michael Kindy 100 Mission Ridge Goodlettsville, TN 370728
InstrumentChapter 381 agreementChapter 381 agreement upon the terms and conditions hereinafter provided;1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> EXHIBIT D-1 CHAPTER 381 AGREEMENT This Agreement by and between DG Distribution of Texas, LLC, a Tennessee limited liability company, (hereinafter called the “Company’), and Gregg County, Texas (hereinafter called the “County”).—
Capital investment$70,000,000.00Investment Goal. The term “Investment Goal” means the construction and outfitting of the Project ori the Property at a minimum cost (actual amounts spent related to construction improvements, installation of furniture, fixtures, and equipment and other costs more fully described in Article II of this Agreement) of SEVENTY MILLION AND NO/100 DOLLARS ($70,000,000.00).2
Grant or incentiveNot stated in the agreement—
Jobs committed400 recital language, not a covenantthe Company expects to employ at least 400 Full-Time Employees1
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage109.311 acrescontaining 109.311 acres of land, more or less.17
Performance deadlineSeptember 30, 2019 defined term, not a covenantOccupancy Date. The term “Occupancy Date” means September 30, 2019.3
ExpirationApril 1, 2044this Agreement shall terminate at the end of the day on April 1, 20446
Effective dateDecember 15, 2017Date: (2S 15 (1711
SignatoryMichael KindyName: MiCu bec. Kino)11
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 0003766 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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