Agreement 0005368, 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") | 1 |
| Contracting entity | United Parcel Service, Inc.United Parcel Service, Inc., an Ohio corporation authorized to do business in Texas ("COMPANY") | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Property Tax RebateProperty Tax Rebate. The words “Property Tax Rebate” means fifty percent (50%) rebate of the COUNTY’s portion of the incremental ad valorem property tax revenue generated by the subject property, to include real and personal property, above the Base Year Value for the Development and payable from the COUNTY’s general revenue fundwhich in no event shall exceed THREE HUNDRED EIGHTY-EIGHT THOUSAND ON | 3 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> Doct 2OL8coLeE0RO 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 United Parcel Service, Inc., an Ohio corporation authorized to do business in | — |
| Capital investment | $41,000,000.00Minimum Investment: The words “Minimum Investment” mean those costs incurred by COMPANY or third parties in the acquisition of property for the Project, construction or furnishing of the improvements for the Project and purchasing and installing equipment, to include cash and in-kind contributions in an amount no less than FORTY-ONE MILLION AND 00/100 DOLLARS ($41,000,000.00). | 3 |
| Grant or incentive | $388,101.39Grant. The word “Grant” means each annual payment to COMPANY under the terms of this Agreement computed as a real and personal Property Tax Rebate, which in no event shall exceed THREE HUNDRED EIGHTY-EIGHT THOUSAND ONE HUNDRED ONE AND 39/100 DOLLARS ($388,101.39) over the term of this Agreement. | 2 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 43,000 square feetThe Development is a new logistics operation facility located on an estimated 107,100 square feet of property and the improvement of an approximately 43,000 square foot distribution center | 15 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | within one (1) year of the Effective DateFailure of the COMPANY or its Affiliates to receive its Certificate of Occupancy within one (1) year of the Effective Date of this Agreement, shall result in the immediate termination of this Agreement. | 4 |
| Expiration | 12 years from the Effective DateThis Agreement, unless earlier terminated pursuant to the terms herein, shall automatically expire twelve (12) years from the Effective Date of this Agreement | 4 |
| Effective date | Not stated in the agreement | — |
| Signatory | DONOAAbyDONOAA , as Asst of United Parcel Service, Inc. (COMPANY) | 14 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0005368 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.