Agreement 0004080, filed with the Texas Comptroller by County of Wichita.
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 | County of Wichitabetween the County of Wichita, a political subdivision of the State of Texas ("COUNTY") | 1 |
| Contracting entity | Panda High Plains Hemp Gin, LLCPanda High Plains Hemp Gin, LLC., a Texas limited liability company | 1 |
| Parent / guarantor | Panda Biotech, LLCPanda Biotech, LLC is the Sole Member & Manager of Panda High Plains Hemp Gin, LLC | 23 |
| Instrument | Tax Abatement AgreementTHIS TAX ABATEMENT AGREEMENT ("Agreement") | 1 |
| Governing chapter | Chapter 312, Tax Code (property tax abatement)ABST 92, 93, 98-100, and more commonly known as 8600 North Central Freeway, Wichita Falls, Wichita County, Texas at as a Reinvestment Zone (the “Zone”), which constitutes a reinvestment zone for commercial/industrial tax phase-in, as authorized by the Texas Property Redevelopment and Tax Abatement Act (Texas Tax Code Chapter 312); | — |
| Capital investment | $56,250,000.00the Personal Property will be in an amount not less than FIFTY SIX MILLION TWO HUNDRED AND FIFTY THOUSAND AND NO/100 DOLLARS ($56,250,000.00) | 5 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 50it will create and fill not less than fifty (50) new Employment Positions | 7 |
| Wage requirement | $10.00 per hourone hundred percent (100%) of all Employment Positions at the New Facility will be paid a minimum wage, not including benefits, of at least Ten dollars and zero cents ($10.00) per hour. | 8 |
| Square footage | Not stated in the agreement | — |
| Acreage | 100 acreswhich consists of approximately 100 acres of land | 3 |
| Performance deadline | January 1, 2023The capital investments related to the Personal Property contemplated by this Paragraph 3.02 must be completed on or before January 1, 2023 | 5 |
| Expiration | December 31, 2031continuing for a period of up to ten (10) tax years thereafter ending on December 31 of that tenth year. | 3 |
| Effective date | September 8, 2020this Agreement is executed in triplicate originals effective this 8" day of September, 2020. | 16 |
| Signatory | Scott EvansScott Evans | 16 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0004080 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.