HD Supply Facilities Maintenance, Ltd.

Agreement 0004783, filed with the Texas Comptroller by Comal County, Texas.

47permanent jobs committed

50%of sales tax revenue abated

The obligation

What the contract requires.

“Home Depot agrees to establish a customer contact center In New Braunfels, Texas, that wil! employ at least 47 people by the end of the tenth year of operation.”Executed agreement, p. 2

The repayment remedy

What happens if it is not met.

“If during the term of this Agreement, Home Depot should discontinue substantially all of Its contact canter operations described in Paragraph 1 above, then the County shall have the right to recapture sales taxes for the entire tax year In which such discontinuance occurs and terminate this Agreement.”Executed agreement, p. 3

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 · sales tax revenue · p. 1

What was abated, and for how long.

50%ten years

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.

Field	Value & quoted source	Page
Granting body	Comal County, TexasComal County, Texas , a political subdivision of the State of Texas and a body corporate and politic under the laws of the State of Texas (“County”)	1
Contracting entity	HD Supply Facilities Maintenance, Ltd.HD Supply Facilities Maintenance, Ltd., (now known as Hughes MRO, Ltd.), a Florida limited partnership, duly authorized to transact business in Texas	1
Parent / guarantor	Hughes MRO, Ltd.HD Supply Facilities Maintenance, Ltd., (now known as Hughes MRO, Ltd.)	1
Instrument	sales tax rebatefifty percent (50%) sales tax rebate to HD Supply Facilities Maintenance, Ltd., for a period of ten years.	1
Governing chapter	Chapter 381, Local Government CodeAuthority Section 381.004 of the Texas Local Government Code (hereinafter “Section 381") provides for “community and economic development programs in certain counties.” In order “to stimulate business and commercial activity in a county, the commissioners court of the county may develop and administer a program ..	—
Capital investment	Not stated in the agreement	—
Grant or incentive	Not stated in the agreement	—
Jobs committed	47Home Depot agrees to establish a customer contact center In New Braunfels, Texas, that wil! employ at least 47 people by the end of the tenth year of operation.	2
Wage requirement	Not stated in the agreement	—
Square footage	Not stated in the agreement	—
Acreage	Not stated in the agreement	—
Performance deadline	Not stated in the agreement	—
Expiration	Not stated in the agreement	—
Effective date	Not stated in the agreement	—
Signatory	Brett A. BrownBrett A. Brown	5
Chain status	Superseded by agreement 0012833	—

How to check this page

Every line above is in the contract.

Agreement 0004783 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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