Agreement 0004486, filed with the Texas Comptroller by Hays County.
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 Countythis Chapter 381 Economic Development Incentive Agreement (the “Agreement”) is entered into between Hays County, a political subdivision of the State of Texas (the “County”), and Whisper Industrial 2019 QOZB, LLC, a Texas limited liability company (“Company”). | 1 |
| Contracting entity | Whisper Industrial 2019 QOZB, LLCthis Chapter 381 Economic Development Incentive Agreement (the “Agreement”) is entered into between Hays County, a political subdivision of the State of Texas (the “County”), and Whisper Industrial 2019 QOZB, LLC, a Texas limited liability company (“Company”). | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 381 Economic Development Incentive AgreementCHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> DocuSign Envelope ID: 9272AD9A-BFA9-4050-A053-3D13A0107296 CHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT As of August 17, 2021 (the “Effective Date’) this Chapter 381 Economic Development Incentive Agreement (the “Agreement”) is entered into between Hays County, a political subdivision of the State of Texas (the “County”), and Whisper Industrial 2019 QOZB, LLC, a Texas limited | — |
| Capital investment | $5,500,000.00Company or Tenant shall make an estimated minimum capital investment in improvements to the Facility and associated site improvements of at least $5,500,000.00 | 5 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 100On or before December 31, 2022, Tenant shall employ at least 100 persons in Jobs (the “Minimum Jobs Requirement’) | 6 |
| Wage requirement | $15.00 per hourA Job shall pay a minimum wage of $15.00 per hour. | 3 |
| Square footage | 90,000 square footCompany owns an approximately 90,000 square foot spec shell building | 1 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | May 31, 2022Company or Tenant shall complete construction no later than May 31, 2022 | 5 |
| Expiration | December 31, 2025The “Term” of this Agreement shall commence on the Effective Date and continue until December 31, 2025 | 4 |
| Effective date | August 17, 2021As of August 17, 2021 (the “Effective Date’) | 1 |
| Signatory | RW McDonaldDocuSigned by: By: KW MeDovrald Coa D4DB8818FC454... RW McDonald | 18 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0004486 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.