Agreement 0005366, 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 (“COUNTY”), a political subdivision of the State of Texas | 1 |
| Contracting entity | SOUTH SHORE USA INCORPORATEDSOUTH SHORE USA INCORPORATED, a Texas corporation; (“COMPANY”) | 1 |
| Parent / guarantor | South Shore IndustriesSouth Shore Industries Attn: Isabelle Landry, VP Finance 6168 Main Sainte-Croix, QC GO0S2H0 Canada | 12 |
| Instrument | Chapter 381 Economic Development Program AgreementThis Chapter 381 Economic Development Program Agreement (“Agreement”) | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> Doct 20180002427 STATE OF TEXAS ) ) CHAPTER 381 ECONOMIC DEVELOPMENT COUNTY OF EL PASO ) PROGRAM AGREEMENT This Chapter 381 Economic Development Program Agreement (“Agreement”) is made and entered into by and between the COUNTY OF EL PASO, TEXAS (“COUNTY”), a political subdivision of the State of Texas, and SOUTH SHORE USA INCORPORATED, a Texas corporation; | — |
| Capital investment | $8,000,000.00Minimum Investment: The words “Minimum Investment” mean those costs incurred by COMPANY or third parties in the construction or furnishing of the improvements for the Project, to include cash and in-kind contributions in an amount no less than EIGHT MILLION and 00/100 DOLLARS ($8,000,000.00). | 3 |
| Grant or incentive | $160,561.81Grant. The word “Grant” means each annual payment to COMPANY under the terms of this Agreement computed Property Tax Rebate, which in no event shall exceed ONE HUNDRED SIXTY THOUSAND, FIVE HUNDRED SIXTY-ONE and 81/100 Dollars ($160,561.81) over the term of this Agreement. | 3 |
| Jobs committed | 21Schedule of Full Time Employment Year | Year 2 Year 3 Year 4 Year 5 Years 6-10 Total 13 15 17 19 21 21 Full Time Employment | 19 |
| Wage requirement | 80% of its workforce at or above the Median County WageGrant payments shall be contingent upon COMPANY’s certification that it pays at least 80% of its workforce at or above the Median County Wage. | 19 |
| Square footage | 132,000 square feetProperty. The word “Property” means approximately 132,000 square feet of building and 273,500 square feet of real property located at 500 Vista Del Sol in El Paso, Texas | 3 |
| Acreage | 6.2790 ACThe proposed development consists of purchasing land on property located at 500 Vista del Sol #130 Lot 9 (6.2790 AC} El Paso, TX 79936 PID 348078. | 16 |
| Performance deadline | 3 years from the Effective DateFailure of the COMPANY or its Affiliates to receive its Certificate of Occupancy and meet its Full Time Employment job requirements as noted in EXHIBIT C within three (3) years of the Effective Date of this Agreement, shall result in the immediate termination of this Agreement. | 4 |
| Expiration | 13 years from the Effective DateThis Agreement, unless earlier terminated pursuant to the terms herein, shall automatically expire thirteen (13) years from the Effective Date of this Agreement | 4 |
| Effective date | Not stated in the agreement | — |
| Signatory | MARTIN DESROCHERSName: MARTIN DESROCHERS | 15 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0005366 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.