Agreement 0005329, filed with the Texas Comptroller by COUNTY OF EL PASO, TEXAS.
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 | COUNTY OF EL PASO, TEXASCOUNTY OF EL PASO, TEXAS (hereinafter referred to as the “COUNTY”) | 1 |
| Contracting entity | BASSETT PARTNERS EP LLCBASSETT PARTNERS EP LLC (hereinafter referred to as the “APPLICANT”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | GrantThe word “Grant” means each annual payment to APPLICANT under the terms of this Agreement | 2 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> STATE OF TEXAS ) ) CHAPTER 381 ECONOMIC DEVELOPMENT COUNTY OF EL PASO — ) PROGRAM AGREEMENT This CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT (this “Agreement”) is made and entered into by and between the COUNTY OF EL PASO, TEXAS (hereinafter referred to as the “COUNTY”), a Texas home rule municipal corporation, and BASSETT PARTNERS EP LLC (hereinafter referred to as the “APPLIC | — |
| Capital investment | $10,010,000.00Minimum Investment of Ten Million Ten Thousand and 00/100 Dollars ($10,010,000.00) | 3 |
| Grant or incentive | $216,155.99which shall in no event exceed Two Hundred Sixteen Thousand One Hundred Fifty-five and 99/100 Dollars ($216,155.99) | 2 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 75,000 square feetredevelopment will be of a building with a minimum of fifteen (15) stories in height and minimum of 75,000 square feet. | 4 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | thirty-six (36) months of the Effective DateWithin thirty-six (36) months of the Effective Date of this Agreement, APPLICANT shall submit documentation | 4 |
| Expiration | Not stated in the agreement | — |
| Effective date | Not stated in the agreement | — |
| Signatory | Lane GaddyName: Lane Gaddy | 12 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Applicant proposes to renovate the vacant 15-story Bassettt Tower from an office to 100-room Aloft hotel.
Agreement 0005329 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.