Agreement 0004484, filed with the Texas Comptroller by Hays County.
Texas Government Code 2264 requires this provision in every such agreement. It is triggered by employing unauthorised workers, not by missing a build or jobs target. The contract records no repayment remedy for the obligations above.
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 | Hays CountyHays County, a political subdivision of the State of Texas, acting by and through the Hays County Commissioners Court | 1 |
| Contracting entity | Redbird Flight Simulations, Inc.Redbird Flight Simulations, Inc. an aeropsace manufacturing company duly authorized to do business in the State of Texas | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 381 Economic Development Incentives AgreementChapter 381 Economic Development Incentives Agreement | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> Chapter 381 Economic Development Incentives Agreement This Chapter 381 Economic Development Incentives Agreement (this “Agreement”) is executed by and between Redbird Flight Simulations, Inc. | — |
| Capital investment | $2,200,000.00A minimum of Two Million Two Hundred Thousand Dollar ($2,200,000.00) in Real Property Improvements are installed and constructed on the Property on or before June 30, 2022. | 5 |
| Grant or incentive | $29,663.00Maximum Rebate Amount” is defined as the maximum amount the COUNTY will pay to COMPANY under this Agreement in Property Tax Rebates, and which amount shall be Twenty-Nine Thousand Six Hundred and Sixty-Three and 00/100 dollars ($29,663.00). | 2 |
| Jobs committed | seventy-one (71) Full-Time EmployeesThe COMPANY employs at least seventy-one (71) Full-Time Employees at the Facility. | 5 |
| Wage requirement | $79,030.00 annuallyfor the average base salary of $79,030.00 annually and benefits that includes subsidized health insurance. | 2 |
| Square footage | 50,000 square footeconomic development inventives to construct a 50,000 square foot bulding and to operate a flight simulation manufacturing business on the Property | 1 |
| Acreage | 1.5 acresapproximately 1.5 acres of property located within Hays County, Texas | 1 |
| Performance deadline | June 30, 2022The COMPANY completes the Project and obtains a Certificate of Occupancy for the Project on or before June 30, 2022. | 5 |
| Expiration | Not stated in the agreement | — |
| Effective date | 12-8-2021This Agreement shall be effective on _12-8-2021 (the “Effective Date”). | 14 |
| Signatory | TOOO uS\ Weyerpersonally appeared TOOO uS\ Weyer, known to me (or proved to me on the oath of or through TeXass Tories Liceese | 17 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0004484 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.