The Abatement RegisterHaysAgreement 0005900
Texas Chapter 380 / 381 agreement · Hays

Hill Country Group, LLC

Agreement 0005900, filed with the Texas Comptroller by Hays County.

$79,200,000committed capital investment
44permanent jobs committed
20–90%of Additional Property Taxes abated
August 31, 2025performance deadline
The obligation

What the contract requires.

“Company shall cause construction of at least 820,000 square feet of buildings on the Land to be commenced on or before April 1, 2023, and to be completed on or before August 31, 2025”Executed agreement, p. 4
“on or before December 31, 2025, Company (or related entity) shall employ at least 44 persons in Jobs”Executed agreement, p. 5
“2024 $79,200,000”Executed agreement, p. 4
The remedy

Future payments stop.

“If such non-compliance is not cured within sixty (60) days after Company’s receipt of such notice or, if non-compliance is not reasonably susceptible to cure within sixty (60) days and a cure is not begun within such sixty (60) day period and thereafter continuously and diligently pursued to completion on a schedule approved by the County (in either event, a “Cure’’), then the County may, at its sole discretion, susp”Executed agreement, p. 11

This clause stops money not yet paid. It does not require what has already been received to be returned.

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 · Additional Property Taxes · p. 6

What was abated, and for how long.

90%2025
80%2026
60%2027
40%2028
20%2029

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 bodyHays Countythis Chapter 381 Economic Development Incentive Agreement (the “Agreement’) is entered into between the Hays County, a political subdivision of the State of Texas (the “County”), and Hill Country Group, LLC, a Texas limited liability company doing business as Hill Country Studios (“Company”).1
Contracting entityHill Country Group, LLCthis Chapter 381 Economic Development Incentive Agreement (the “Agreement’) is entered into between the Hays County, a political subdivision of the State of Texas (the “County”), and Hill Country Group, LLC, a Texas limited liability company doing business as Hill Country Studios (“Company”).1
Parent / guarantorNot stated in the agreement—
InstrumentGrant Payments“Grant Payments” means the County’s reimbursement payments to Company once per calendar year during the Term of an amount equal to a percentage of the Additional Property Taxes generated from the Land as outlined in Section 4.02.2
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT As of June 7, 2022 (the “Effective Date’), this Chapter 381 Economic Development Incentive Agreement (the “Agreement’) is entered into between the Hays County, a political subdivision of the State of Texas (the “County”), and Hill Country Group, LLC, a Texas limited liability company doing business as Hill Country Studios (“Company”—
Capital investment$79,200,0002024 $79,200,0004
Grant or incentiveNot stated in the agreement—
Jobs committed44on or before December 31, 2025, Company (or related entity) shall employ at least 44 persons in Jobs5
Wage requirement$15.00 per houra wage of no less than $15.00 per hour3
Square footage820,000 square feetCompany shall cause construction of at least 820,000 square feet of buildings on the Land4
Acreage209 acresbe located on approximately 209 acres of land within the La Cima development1
Performance deadlineAugust 31, 2025Company shall cause construction of at least 820,000 square feet of buildings on the Land to be commenced on or before April 1, 2023, and to be completed on or before August 31, 20254
ExpirationDecember 31, 2029The “Term” of this Agreement shall commence on the Effective Date and continue until December 31, 20293
Effective dateJune 7, 2022As of June 7, 2022 (the “Effective Date’), this Chapter 381 Economic Development Incentive Agreement1
SignatoryCoty McLoudCoty McLoud, CEO17
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 0005900 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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