The Abatement RegisterAngelinaAgreement 0004782
Texas Chapter 380 / 381 agreement · Angelina

Angelina Forest Products, LLC

Agreement 0004782, filed with the Texas Comptroller by Angelina County.

$100,000,000.00committed capital investment
100%of County portion of ad valorem taxes abated
June 30, 2019performance deadline
The obligation

What the contract requires.

“create One-Hundred (100) primary full-time jobs by June 30, 2019”Executed agreement, p. 3
“create and maintain at least One Hundred (100) full-time primary jobs”Executed agreement, p. 2
“minimum capital investment of One Hundred Million Dollars ($100,000,000.00)”Executed agreement, p. 2
The repayment remedy

What happens if it is not met.

“If during the Grant Term the Owner/Grantee permanently ceases operation in Angelina County, Texas, then the County shall be entitled to recapture ONE HUNDRED PERCENT (100%) of the Grant Funds awarded in prior years”Executed agreement, p. 5

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 · County portion of ad valorem taxes · p. 4

What was abated, and for how long.

100%Year One (2019)
100%Year Two (2020)
100%Year Three (2021)
100%Year Four (2022)
100%Year Five (2023)
100%Year Six (2024)
100%Year Seven (2025)
100%Year Eight (2026)
100%Year Nine (2027)
100%Year Ten (2028)

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 bodyAngelina CountyANGELINA COUNTY AND ANGELINA FOREST PRODUCTS, LLC1
Contracting entityAngelina Forest Products, LLCANGELINA COUNTY AND ANGELINA FOREST PRODUCTS, LLC1
Parent / guarantorAngelina Forest Products Real Estate, LLCOwner/Grantee: Angelina Forest Products Real Estate, LLC12
InstrumentEconomic Development GrantEconomic Development Grant Program Agreement1
Governing chapterChapter 381, Local Government Codeand WHEREAS, the County is authorized by §381.004, et seq., Texas Local Government Code, to promote state and local economic development and to stimulate business and commercial activity within the County.—
Capital investment$100,000,000.00minimum capital investment of One Hundred Million Dollars ($100,000,000.00)2
Grant or incentiveNot stated in the agreement—
Jobs committed100 recital language, not a covenantcreate and maintain at least One Hundred (100) full-time primary jobs2
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage98.8398.83 ACRE TRACT10
Performance deadlineJune 30, 2019create One-Hundred (100) primary full-time jobs by June 30, 20193
ExpirationDecember 31, 2028expiring on December 31, 2028 (the “Grant Term”);4
Effective dateMay, 2018IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the a u _ day of May, 2018.9
SignatoryDee WinstonDee Winston Managing Member9
Chain statusSuperseded by agreement 0005828—
How to check this page

Every line above is in the contract.

Agreement 0004782 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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