Agreement 0003970, 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 | CAPSTONE MECHANICAL, L.P.CAPSTONE MECHANICAL, L.P. (hereinafter “Capstone”), and RSWB PARTNERS, LLC (hereinafter “RSWB”). | 1 |
| Parent / guarantor | RSWB PARTNERS, LLCCAPSTONE MECHANICAL, L.P. (hereinafter “Capstone”), and RSWB PARTNERS, LLC (hereinafter “RSWB”). | 1 |
| Instrument | Industrial Business Granteconomic development incentives from the COUNTY in the form of an Industrial Business Grant | 1 |
| Governing chapter | Chapter 380/381, Local Government Code7 Lip VLE 7 NBA CHAIN LINK FENCE H/ VINYL SLATS TO MATCH EXISTING ARCHITECTURAL SITE PLAN SCALE: T= a <<<PAGE 20>>> EXHIBIT B CERTIFICATE OF COMPLETION FOR AGREEMENT FOR CHAPTER 380 GRANT BETWEEN COMPANY NAME AND THE CITY OF WACO, TEXAS THE STATE OF TEXAS § § COUNTY OF MCLENNAN § . | — |
| Capital investment | $4,500,000.00RSWB shall invest, on or before March 1, 2022, no less than Four Million, Five Hundred Thousand Dollars ($4,500,000.00) in taxable real property improvements | 5 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | Sixty-Eight (68)CAPSTONE shall create, fill, and retain at least Sixty-Eight (68) new full-time jobs | 6 |
| Wage requirement | $44,000.00the average annual wage for the New Jobs shall be no less than $44,000.00 | 7 |
| Square footage | 30,000 square footsupport a sheet metal manufacturing facility and the Business in a newly built 30,000 square foot building | 4 |
| Acreage | 6.001 acreson 6.001 acres at an existing building | 4 |
| Performance deadline | March 1, 2022In the event that COMPANIES meet their obligations under this Agreement and obtain the signed Certificate of Completion on or before March 1, 2022 | 6 |
| Expiration | June 30, 20285.1 TERM. This Agreement shall be effective from Effective Date until June 30, 2028. | 14 |
| Effective date | July 20, 2021This Agreement for Bysiniess Grant (“Agreement”) is entered into to be effective as of the day of ul 20A| (the “Effective Date”) | 4 |
| Signatory | Stefan LeRowStefan LeRow, Executive Vice-President/Partner | 3 |
| Chain status | Superseded by agreement 0011263 | — |
Agreement 0003970 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.