Agreement 0005174, filed with the Texas Comptroller by WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION.
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.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATIONWACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION, a Texas non-profit corporation (hereinafter “WMCEDC”) | 1 |
| Contracting entity | CAPSTONE MECHANICAL, L.P.CAPSTONE MECHANICAL, L.P. (hereinafter “Capstone”) | 1 |
| Parent / guarantor | RSWB PARTNERS, LLCRSWB PARTNERS, LLC (hereinafter “RSWB”) | 1 |
| Instrument | Program Project AgreementTHIS PROGRAM PROJECT AGREEMENT (hereinafter “Agreement”) | 1 |
| Governing chapter | Not stated in the agreement | — |
| Capital investment | $4,500,000.00no less than Four Million, Five Hundred Thousand Dollars ($4,500,000.00) in real property investment | 2 |
| Grant or incentive | $300,000.00grant funds of an amount not to exceed Three Hundred Thousand Dollars ($300,000.00) | 1 |
| Jobs committed | 68CAPSTONE shall create, fill, and retain at least 68 new full-time jobs | 3 |
| Wage requirement | $44,000.00the average annual wage for the Total Jobs (excluding the two (2) highest paid executives) shall be no less than $44,000.00 | 3 |
| Square footage | 30,000 SFBuilding Expansion: Phase 1 — 30,000 SF (mfg & logistics) | 23 |
| Acreage | 6.001 acreslocated on 6.001 acres at Lot 1, Block 1, Capstone Addition | 1 |
| Performance deadline | December 31, 2024at least 68 new full-time jobs that are WMCEDC eligible at the Facility on or before December 31, 2024 | 3 |
| Expiration | December 31, 2028This Agreement shall be effective from Effective Date until December 31, 2028 | 6 |
| Effective date | Not stated in the agreement | — |
| Signatory | Rick TullisRick Tullis, President | 9 |
| Chain status | Superseded by agreement 0010882 | — |
Agreement 0005174 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.
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.