The Abatement RegisterWilliamsonAgreement 0005261
Texas Chapter 380 / 381 agreement · Williamson

UPPER FORTY, LLC

Agreement 0005261, filed with the Texas Comptroller by WILLIAMSON COUNTY.

$1,000,000committed capital investment
$1,600,000grant or incentive
50%of Ad Valorem Taxes abated
The obligation

What the contract requires.

“over a period of years, the Owner intends to expend at least $1,000,000 for the construction of the Road Improvements”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“County may recapture and collect from Owner the amount(s) of Grants already paid by County to Owner for each year directly preceding the date of the notice of default.”Executed agreement, p. 5

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.

Abatement schedule · Ad Valorem Taxes · p. 3

What was abated, and for how long.

50%Ten-Year Term

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 bodyWILLIAMSON COUNTYWILLIAMSON COUNTY (hereinafter referred to as "County”)1
Contracting entityUPPER FORTY, LLCUPPER FORTY, LLC, a Texas limited liability company1
Parent / guarantorCMHH Heritage, LLCTract A is under contract for sale to CMHH Heritage, LLC (the “COMPANY”)1
InstrumentChapter 381 Economic Development Program and AgreementThis CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT1
Governing chapterChapter 381, Local Government CodeCHAPTER 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 (hereinafter referred to as "County”), a Texas political subdivision, and UPPER FORTY, LLC, a Texas limited liability company (“Upper Forty”)), duly authorized to do business in the State of Texas, (hereafter—
Capital investment$1,000,000over a period of years, the Owner intends to expend at least $1,000,000 for the construction of the Road Improvements1
Grant or incentive$1,600,000the maximum reimbursement amount shall be $1,600,000, or the actual cost of the Road Improvement, whichever is less4
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage300,000 square footissuance of a Certificate of Occupation by the City for a 300,000 square foot building1
Acreage40 acresbeing approximately 40 acres of property located Williamson County, Texas1
Performance deadlineNot stated in the agreement—
ExpirationNot stated in the agreement—
Effective date1s™day Of Avoevs7T _, 2021as of the 1s™day Of Avoevs7T _, 2021 (the “Effective Date”)1
SignatoryNot stated in the agreement—
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 0005261 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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