Agreement 0004020, filed with the Texas Comptroller by WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATIONWACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION, a Texas non-profit corporation (hereinafter “WMCEDC”) | 1 |
| Contracting entity | THE SHERWIN-WILLIAMS COMPANYTHE SHERWIN-WILLIAMS COMPANY (hereinafter “SHERWIN-WILLIAMS”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Program Project AgreementPROGRAM PROJECT AGREEMENT | 1 |
| Governing chapter | Not stated in the agreement | — |
| Capital investment | $32,000,000.00complete no less than Thirty Two Million Dollars ($32,000,000.00) in real property improvements | 2 |
| Grant or incentive | $4,000,000.00WMCEDC agrees to provide Four Million Dollars ($4,000,000.00) (the “Incentive Funds”) | 1 |
| Jobs committed | 264 the quoted sentence states no obligationSHERWIN-WILLIAMS employs two hundred sixty four (264) full time employees | 2 |
| Wage requirement | $45,000.00pay the two hundred sixty four (264) full-time employees an average wage...of at least $45,000.00 per year | 3 |
| Square footage | 600,000construct an approximately 600,000 square foot building(s) | 2 |
| Acreage | 48.98being 48.98 acres of land in Waco, McLennan County, Texas 76705 | 1 |
| Performance deadline | May 31, 2017complete no less than Thirty Two Million Dollars ($32,000,000.00) in real property improvements...by May 31, 2017 | 2 |
| Expiration | Not stated in the agreement | — |
| Effective date | October 20, 2015October 20, 2015 | 1 |
| Signatory | Catherine M. KilbaneNAME. Catheriné M. Kilbane | 10 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0004020 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.