The Abatement RegisterReevesAgreement 0003991
Texas Chapter 380 / 381 agreement · Reeves

STATELINE PROCESSING, LLC

Agreement 0003991, filed with the Texas Comptroller by REEVES COUNTY, TEXAS.

15permanent jobs committed
60%of Eligible Property abated
one (1) year after the Effective Dateperformance deadline
The obligation

What the contract requires.

“fails to commence construction of the Project within one (1) year after the Effective Date”Executed agreement, p. 8
“an employment level of not less than fifteen (15) full-time employees at the Project.”Executed agreement, p. 5
The repayment remedy

What happens if it is not met.

“In the event of termination of the AGREEMENT pursuant to the provisions of this paragraph, all taxes previously abated by virtue of this AGREEMENT will be recaptured by the COUNTY and paid by STATELINE PROCESSING within sixty (60) days of termination”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 · Eligible Property · p. 6

What was abated, and for how long.

60%2019
60%2020
60%2021
60%2022
60%2023
60%2024
60%2025
60%2026
60%2027
60%2028

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 bodyREEVES COUNTY, TEXASbetween REEVES COUNTY, TEXAS and STATELINE PROCESSING, LLC1
Contracting entitySTATELINE PROCESSING, LLCbetween REEVES COUNTY, TEXAS and STATELINE PROCESSING, LLC1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 Economic Development AgreementSECOND AMENDED and RESTATED CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> SECOND AMENDED FINAL 5.26.20 STATE OF TEXAS Cn UN WO? COUNTY OF REEVES SECOND AMENDED and RESTATED CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT between REEVES COUNTY, TEXAS and STATELINE PROCESSING, LLC This SECOND AMENDED AND RESTATED CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT (the “AGREEMENT’) is made, entered, and executed in duplicate originals by and between Reeves County, TEXAS, a—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedfifteen (15) full-time employeesan employment level of not less than fifteen (15) full-time employees at the Project.5
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage325.534 ACRESCONTAINING 325.534 ACRES OF LAND( SURFACE AREA)17
Performance deadlineone (1) year after the Effective Datefails to commence construction of the Project within one (1) year after the Effective Date8
ExpirationJanuary 31, 202912. “Termination Date” means January 31, 2029.4
Effective dateOctober 10, 2017is effective on October 10, 2017 (the “Effective Date”) and is intended to supersede and replace all prior agreements1
SignatoryJudge Leo HungJudge Leo Hung Reeves County Judg14
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 0003991 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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