The Abatement RegisterBexarAgreement 0004673
Texas Chapter 380 / 381 agreement · Bexar

BROOKS DEVELOPMENT AUTHORITY

Agreement 0004673, filed with the Texas Comptroller by COUNTY OF BEXAR.

$960,000committed capital investment
$3,300,000grant or incentive
January 1, 2010performance deadline
The obligation

What the contract requires.

“any date beyond January 1, 2010 shall require the approval of the County”Executed agreement, p. 7
“Street (1,700 LF) 960,000”Executed agreement, p. 98
The repayment remedy

What happens if it is not met.

“The County shall have the right to recapture all Grant Funds paid to BDA”Executed agreement, p. 10

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 · Ad Valorem Taxes received by the County on the Investment Area above the Taxable Value of the Investment Area for the Base Year Value

What was abated, and for how long.

—fifteen (15) annual economic development grants

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 bodyCOUNTY OF BEXARCOUNTY OF BEXAR, a political subdivision of the State of Texas4
Contracting entityBROOKS DEVELOPMENT AUTHORITYBROOKS DEVELOPMENT AUTHORITY ("BDA"), a governmental entity created by the City of San Antonio4
Parent / guarantorNot stated in the agreement—
Instrumentgranteconomic development grant agreement1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> ae Item — 50 December 16, 2008 Economic Development The Court hereby ordered and approved a motion approving the economic development grant agreement pursuant to Chapter 381 of the Texas Local Government Code, with the Brooks Development Authority in the amount of $3,300,000 in support of infrastructure improvements.—
Capital investment$960,000Street (1,700 LF) 960,00098
Grant or incentive$3,300,000Brooks Development Authority in the amount of $3,300,0001
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineJanuary 1, 2010any date beyond January 1, 2010 shall require the approval of the County7
Expirationfifteen (15) years from the date of the first annual Grantfifteen (15) years from the date of the first annual Grant6
Effective dateNot stated in the agreement—
SignatoryDONALD E. JAKEWAYDONALD E. JAKEWAY President & CEO19
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Project components · p. 98

Inner Circle - Phase I

How to check this page

Every line above is in the contract.

Agreement 0004673 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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