TEXAS METER AND DEVICE COMPANY, LLC

Agreement 0005074, filed with the Texas Comptroller by WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION.

$3,500,000.00committed capital investment

$400,000.00grant or incentive

60permanent jobs committed

June 1, 2022performance deadline

The obligation

What the contract requires.

“complete construction, on or before June 1, 2022”Executed agreement, p. 2

“Currently, TEXAS METER has 60 employees.”Executed agreement, p. 2

“no less than Three Million, Five Hundred Thousand Dollars ($3,500,000.00)”Executed agreement, p. 2

The repayment remedy

What happens if it is not met.

“TEXAS METER shall make a repayment of all of the Incentive Funds actually received upon sixty (60) days written demand by WMCEDC.”Executed agreement, p. 4

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.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATIONWACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION	1
Contracting entity	TEXAS METER AND DEVICE COMPANY, LLCTEXAS METER AND DEVICE COMPANY, LLC	1
Parent / guarantor	Not stated in the agreement	—
Instrument	Program Project AgreementPROGRAM PROJECT AGREEMENT	1
Governing chapter	Not stated in the agreement	—
Capital investment	$3,500,000.00no less than Three Million, Five Hundred Thousand Dollars ($3,500,000.00)	2
Grant or incentive	$400,000.00grant funds in an amount not to exceed Four Hundred Thousand Dollars ($400,000.00)	1
Jobs committed	60Currently, TEXAS METER has 60 employees.	2
Wage requirement	$53,000.00The average annual wage for the 60 jobs shall be no less than $53,000.00.	2
Square footage	Not stated in the agreement	—
Acreage	13.75 acreson 13.75 acres at the corner of Bagby Avenue and Gateway Blvd., Waco, Texas	1
Performance deadline	June 1, 2022complete construction, on or before June 1, 2022	2
Expiration	June 30, 2027This Agreement shall be effective from Effective Date until June 30, 2027.	5
Effective date	September 2020EXECUTED this _/~ day of _Segtemberr, 2020	7
Signatory	Steve D. SwenkeSteve D. Swenke, President and Director	7
Chain status	Terminal 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 0005074 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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