The Abatement RegisterMcLennanAgreement 0005039
Texas Chapter 380 / 381 agreement · McLennan

ASPEN CUSTOM TRAILERS US INC.

Agreement 0005039, filed with the Texas Comptroller by WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION.

$6,865,000.00committed capital investment
$500,000.00grant or incentive
70permanent jobs committed
December 31, 2025performance deadline
The obligation

What the contract requires.

“through the earlier to occur of (i) December 31, 2025”Executed agreement, p. 1
“ASPEN has created, filled, and retained no less than 21 additional Jobs (70 in the aggregate)”Executed agreement, p. 3
“invests no less than $6,865,000.00 in real property improvements”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“responsible for repaying a portion of the First Grant Disbursement and/or the Bonus Grant Disbursement”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 · First Grant Disbursement

What was abated, and for how long.

—December 31, 2021
—December 31, 2022

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 bodyWACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATIONWACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION1
Contracting entityASPEN CUSTOM TRAILERS US INC.ASPEN CUSTOM TRAILERS US INC.1
Parent / guarantorTimber US Inc.Landlord of the Facility, Timber US Inc.1
InstrumentProgram Project AgreementPROGRAM PROJECT AGREEMENT1
Governing chapterNot stated in the agreement—
Capital investment$6,865,000.00invests no less than $6,865,000.00 in real property improvements1
Grant or incentive$500,000.00First Grant Disbursement in the amount of $350,000.00... Bonus Grant Disbursement in an amount not to exceed $150,000.003
Jobs committed70ASPEN has created, filled, and retained no less than 21 additional Jobs (70 in the aggregate)3
Wage requirement$12.00 per hourprovides a minimum base wage of no less than twelve dollars ($12.00) per hour1
Square footage58,000 sq. ft.an approximately 58,000 sq. ft. building on the Land2
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2025through the earlier to occur of (i) December 31, 20251
ExpirationDecember 31, 2025through the earlier to occur of (i) December 31, 20251
Effective dateSeptember 1, 2020effective as of the / day of abpkinber, 2020.8
SignatoryPhil JotsstonPhil Jotsston, President8
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 0005039 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.

[email protected]