Agreement 0005237, filed with the Texas Comptroller by WILLIAMSON COUNTY.
The remedy here is discretionary — the clause says it may be applied, not that it must be.
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 | WILLIAMSON COUNTYWILLIAMSON COUNTY, a Texas political subdivision (hereinafter referred to as “County”) | 1 |
| Contracting entity | LONE STAR TANGIBLE ASSETS, L.P.LONE STAR TANGIBLE ASSETS, L.P., a Texas limited partnership (hereinafter “Company”’) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 381 Economic Development Program and AgreementThis CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT (this “Agreement’) | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> WILLIAMSON COUNTY AND TEXAS BULLION DEPOSITORY CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT This CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT (this “Agreement’) is made and entered into by and between WILLIAMSON COUNTY, a Texas political subdivision (hereinafter referred to as “County”), and LONE STAR TANGIBLE ASSETS, L.P., a Texas limited partnership (hereinafter | — |
| Capital investment | $10,000,000increase the taxable value of the Property including the Facility and all furniture, fixtures and equipment located on the Property by at least $10,000,000 | 1 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 160 recital language, not a covenantthe Company intends to create up to 160 Full-Time Equivalent positions | 1 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | 10 acresThat certain tract or parcel of land containing 10 acres, more or less, located in Leander, Williamson County, Texas | 9 |
| Performance deadline | August 31, 2019certificate of occupancy for the Facility is not obtained from the City of Leander by August 31, 2019 | 3 |
| Expiration | 2025This Agreement shall be effective until 2025, or possibly at an earlier date, as specified herein. | 2 |
| Effective date | 2017-11-16Date: are eaaak Lé, ‘Dole | 8 |
| Signatory | Matthew FerrisAttn: Matthew Ferris | 8 |
| Chain status | Superseded by agreement 0008372 | — |
Agreement 0005237 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.