Agreement 0005641, filed with the Texas Comptroller by Comal County, 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 | Comal County, TexasComal County, Texas (hereinafter called “County’) | 1 |
| Contracting entity | Caterpillar Inc.Caterpillar Inc., a Delaware Corporation authorized to do business in Texas | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 381 Economic Development AgreementThis Chapter 381 Economic Development Agreement | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT [Caterpillar Inc.-Project Hydra] This Chapter 381 Economic Development Agreement (“Agreement”) is entered into to be effective as of May 12, 2022, by and between the Comal County, Texas (hereinafter called “County’), a political subdivision of the State of Texas and Caterpillar Inc., a Delaware Corporation authorized to do business | — |
| Capital investment | $50,000,000$50,000,000 | 5 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 24 recital language, not a covenantcreate an additional 24 and maintain 145 full time employees | 1 |
| Wage requirement | $8,426,420minimum annual payroll of $8,426,420 | 1 |
| Square footage | Not stated in the agreement | — |
| Acreage | Not stated in the agreement | — |
| Performance deadline | December 31, 2023New Tangible Personal Property in the form of new manufacturing equipment put into service at the Facility before December 31, 2023 | 4 |
| Expiration | May 15, 2034Expiration Date shall mean the earlier of: 1. May 15, 2034 | 3 |
| Effective date | May 12, 2022effective as of May 12, 2022 | 1 |
| Signatory | Not stated in the agreement | — |
| Chain status | Superseded by agreement 0008425 | — |
Agreement 0005641 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.