The Abatement RegisterHaysAgreement 0004522
Texas Chapter 380 / 381 agreement · Hays

RSI, Inc.

Agreement 0004522, filed with the Texas Comptroller by Hays County, Texas.

$123,000grant or incentive
The obligation

What the contract requires.

“RSI proposes to have added all Jobs by the end of December 2026.”Executed agreement, p. 1
“RSI is a company currently located in Kyle, Texas which intends to add as many as eighty-two (82) Full-Time Equivalent jobs”Executed agreement, p. 1

The date in this field is not fully supported by the sentence quoted beside it, usually because the scan is damaged or the contract states a period rather than a date. It is shown as read, flagged, and not relied on.

The remedy

Future payments stop.

“If, at the end of any applicable year during the Term, RSI is not in compliance with the obligations to maintain existing and/or created Jobs, as provided in this Agreement, the County may withhold Grant Payments until RSI has exceeded the maximum sum of existing and created Jobs at any time during the Term.”Executed agreement, p. 8

This clause stops money not yet paid. It does not require what has already been received to be returned.

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 · 57

What was abated, and for how long.

—2017
—2018
—2019
—2020
—2021
—2022
—2023
—2024
—2025
—2026

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 bodyHays County, Texasthis Chapter 381 Economic Development Incentive Agreement (the “Agreement’) is entered into between Hays County, Texas, a political subdivision of the State of Texas (the “County’’), and RSI, Inc.1
Contracting entityRSI, Inc.RSI, Inc., a Texas for-profit corporation (‘RSI’)1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 Economic Development Incentive Agreementthis Chapter 381 Economic Development Incentive Agreement (the “Agreement’)1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT As of October 18, 2016 (the “Effective Date”) this Chapter 381 Economic Development Incentive Agreement (the “Agreement’) is entered into between Hays County, Texas, a political subdivision of the State of Texas (the “County’’), and RSI, Inc., a Texas for-profit corporation (‘RSI’).—
Capital investmentNot stated in the agreement—
Grant or incentive$123,000not to exceed an aggregate amount of $123,000 over the term of the Contract.2
Jobs committed82 recital language, not a covenantRSI is a company currently located in Kyle, Texas which intends to add as many as eighty-two (82) Full-Time Equivalent jobs1
Wage requirement$42,000permanent, full-time-equivalent jobs resulting from the Project (defined below) averaging at or above a mean wage/salary of $42,000 per year.2
Square footageNot stated in the agreement—
Acreage5.0075.007 ACRES OF LAND IN THE JOHN COOPER SURVEY, NO. 13, AND JESSE DAY SURVEY NO. 162, A-152, HAYS COUNTY, TEXAS14
Performance deadlineDecember 31, 2026 date not fully supported by the quoted sentenceRSI proposes to have added all Jobs by the end of December 2026.1
ExpirationDecember 31, 2026The “Term” of this Agreement shall commence on the Effective Date and continue until December 31, 20263
Effective dateOctober 18, 2016As of October 18, 2016 (the “Effective Date”) this Chapter 381 Economic Development Incentive Agreement1
SignatoryHarish MalkaniHarish Malkani Chief Executive Officer13
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 0004522 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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