The Abatement RegisterDallasAgreement 0006126
Texas Chapter 380 / 381 agreement · Dallas

Evolve Biologics (USA) Inc.

Agreement 0006126, filed with the Texas Comptroller by Dallas County.

320permanent jobs committed
40–60%of real property abated
January 1, 2024performance deadline
The obligation

What the contract requires.

“effective no later than January 1, 2024”Executed agreement, p. 7
“Total Jobs | 250 320 320 320 320 320 320 320 320 320”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“all taxes which otherwise would have been paid by the Owner to the County without the benefit of the Tax Abatement, including interest and penalties thereon (“Recapture Liability’), will become a debt to the County”Executed agreement, p. 15

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 · real property · p. 7

What was abated, and for how long.

40%2025
60%2025

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 bodyDallas CountyDallas County, Texas (“County”), a political subdivision of the State of Texas duly acting by and through its Commissioners Court2
Contracting entityEvolve Biologics (USA) Inc.EVOLVE BIOLOGICS (USA) INC., a Delaware Corporation (“Owner”), duly acting by and through its authorized officers2
Parent / guarantorNot stated in the agreement—
InstrumentTax AbatementThis Amendment No. 1 to Tax Abatement Agreement2
Governing chapterChapter 312, Tax Code, and Chapter 381, Local Government CodeWITNESSETH: WHEREAS, the County has adopted a Tax Abatement Policy (“Policy”), by the passage of Dallas County Commissioners Court Order 2019-0129 on the Sth day of February, 2019, that contains the guidelines and criteria used to determine the provision of tax abatement assistance from the County authorized under the Property Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code,—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committed320Total Jobs | 250 320 320 320 320 320 320 320 320 3203
Wage requirement$62,000Average $73,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,0003
Square footageNot stated in the agreement—
Acreage11.266 Acrescontaining 490,729 Square Feet, or 11.266 Acres of land.39
Performance deadlineJanuary 1, 2024effective no later than January 1, 20247
ExpirationJanuary 1, 2035The Tax Abatement provided under this Agreement is for a period of ten (10) years and will begin no later than January 1, 20253
Effective dateJune 6, 2022Date: June 6, 20225
SignatoryMark KrauseName: Mark Krause5
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 0006126 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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