The Abatement RegisterEl PasoAgreement 0005316
Texas Chapter 380 / 381 agreement · El Paso

ADP, LLC

Agreement 0005316, filed with the Texas Comptroller by COUNTY OF EL PASO, TEXAS.

$22,500,000committed capital investment
$710,801.00grant or incentive
1100permanent jobs committed
60%of personal and real property tax account(s) abated
end of calendar year 2017performance deadline
The obligation

What the contract requires.

“Applicant shall receive a Certificate of Occupancy, and be open for business by the end of calendar year 2017”Executed agreement, p. 1
“Applicant will create an aggregate of One Thousand One Hundred (1,100) new jobs”Executed agreement, p. 3
“Furniture & Fixtures: $22,500,000”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“In the event this Agreement is terminated pursuant to this Section, all Grant Payments previously provided by the County pursuant to this Agreement shall be recaptured and repaid by Applicant”Executed agreement, p. 11

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 · personal and real property tax account(s) · p. 3

What was abated, and for how long.

60%10 years

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 bodyCOUNTY OF EL PASO, TEXASCOUNTY OF EL PASO, TEXAS (the “County”)1
Contracting entityADP, LLCADP, LLC f/k/a ADP, Inc. (“Applicant”), a Delaware Limited Liability Corporation.1
Parent / guarantorADP, Inc.ADP, Inc. (“Applicant”), a Delaware Corporation7
InstrumentChapter 381 Economic Development Program AgreementChapter 381 Economic Development Program Agreement1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> STATE OF TEXAS ) FIRST AMENDMENT TO ) CHAPTER 381 ECONOMIC DEVELOPMENT COUNTY OF EL PASO) PROGRAM AGREEMENT This First Amendment to the Chapter 381 Economic Development Program Agreement (“Amendment”) is made this 22" day of September, 2014 by and between the COUNTY OF EL PASO, TEXAS (the “County”) and ADP, LLC f/k/a ADP, Inc.—
Capital investment$22,500,000Furniture & Fixtures: $22,500,0003
Grant or incentive$710,801.00Under no circumstances shall the total aggregate of Grant payments exceed the lesser of Seven Hundred Ten Thousand Eight Hundred and One and 00/100 Dollars ($710,801.00)2
Jobs committed1,100Applicant will create an aggregate of One Thousand One Hundred (1,100) new jobs3
Wage requirement$54,633,049.12the minimum total of annual salaries paid will be not less than $54,633,049.123
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineend of calendar year 2017Applicant shall receive a Certificate of Occupancy, and be open for business by the end of calendar year 20171
ExpirationNot stated in the agreement—
Effective dateDecember 17, 2012on December 17, 2012, the County and Applicant entered into a Chapter 381 Economic Development Program Agreement1
SignatoryTéEcewle< © MesegeuTéEcewle< © Mesegeu fads vf p ®- GiwiAl Maui of ADP, LLC5
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 0005316 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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