The Abatement RegisterMcLennanAgreement 0005189
Texas Chapter 380 / 381 agreement · McLennan

SPACE EXPLORATION TECHNOLOGIES CORP.

Agreement 0005189, filed with the Texas Comptroller by WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION.

$100,000,000.00committed capital investment
$6,000,000.00grant or incentive
June 30, 2026performance deadline
The obligation

What the contract requires.

“SpaceX shall create, fill, and retain at least 150 new full-time jobs that are WMCEDC eligible at the Facility (“Phase 2 New Jobs”) on or before June 30, 2026.”Executed agreement, p. 5
“SpaceX shall create, fill, and retain at least 250 new full-time jobs that are WMCEDC eligible at the Facility (“Phase 1 New Jobs”)...SpaceX shall create, fill, and retain at least 150 new full-time jobs that are WMCEDC eligible at the Facility (“Phase 2 New Jobs”)”Executed agreement, p. 5
“On or before June 30, 2024, SpaceX shall cause to be invested no less than One Hundred Million Dollars ($100,000,000.00) in Phase 1 Facility Investment”Executed agreement, p. 4
The repayment remedy

What happens if it is not met.

“SpaceX shall make a repayment of all of the Phase I Incentive Funds and Phase II Incentive Funds (hereafter referred to collectively as “Incentive Funds”) actually received upon sixty (60) days written demand by WMCEDC.”Executed agreement, p. 7

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 · Infrastructure Projects

What was abated, and for how long.

—Phase 1
—Phase 2

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 CORPORATION AND SPACE EXPLORATION TECHNOLOGIES CORP.1
Contracting entitySPACE EXPLORATION TECHNOLOGIES CORP.SPACE EXPLORATION TECHNOLOGIES CORP. (hereinafter “SpaceX”)1
Parent / guarantorNot stated in the agreement—
InstrumentThird Program Project AgreementTHIRD PROGRAM PROJECT AGREEMENT BETWEEN WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION AND SPACE EXPLORATION TECHNOLOGIES CORP.1
Governing chapterNot stated in the agreement—
Capital investment$100,000,000.00On or before June 30, 2024, SpaceX shall cause to be invested no less than One Hundred Million Dollars ($100,000,000.00) in Phase 1 Facility Investment4
Grant or incentive$6,000,000.00total Incentive Funds of $6,000,000.00.3
Jobs committed400 figure does not appear in the sentence quoted beside itSpaceX shall create, fill, and retain at least 250 new full-time jobs that are WMCEDC eligible at the Facility (“Phase 1 New Jobs”)...SpaceX shall create, fill, and retain at least 150 new full-time jobs that are WMCEDC eligible at the Facility (“Phase 2 New Jobs”)5
Wage requirement$15.00 per hourFor the Phase 1 New Jobs and the Phase 2 New Jobs, the minimum base wage shall be no less than fifteen dollars ($15.00) per hour;5
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineJune 30, 2026SpaceX shall create, fill, and retain at least 150 new full-time jobs that are WMCEDC eligible at the Facility (“Phase 2 New Jobs”) on or before June 30, 2026.5
ExpirationDecember 31, 2028if Space X achieves Phase 2, then this Agreement shall be effective from Effective Date until December 31, 2028.9
Effective dateDecember 7, 2021EXECUTED this “77 day of dealimber.. 202/10
SignatoryBret JohnsenBret Johnsen, CF i11
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 0005189 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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