Agreement 0006197, filed with the Texas Comptroller by County of Wichita.
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 Wichitabetween the County of Wichita, a political subdivision of the State of Texas ("COUNTY"), duly acting herein by and through the Wichita County Commissioners Court ("Commissioners Court’) for and on behalf of COUNTY | 1 |
| Contracting entity | The Kate WF, LLC.and The Kate WF, LLC., a Texas limited liability company, validly existing, in good standing and authorized to do business under the laws of the State of Texas and formerly known as Petroleum Building Wichita Falls, LLC ("OWNER") | 1 |
| Parent / guarantor | Petroleum Building Wichita Falls, LLCformerly known as Petroleum Building Wichita Falls, LLC ("OWNER") | 1 |
| Instrument | Tax Abatement AgreementSTATE OF TEXAS § TAX ABATEMENT AGREEMENT | 1 |
| Governing chapter | Chapter 312, Tax Code (property tax abatement)inal Townsite, Wichita Falls, Wichita County, Texas filed for record in Volume 5, Pages 21-23 Wichita County Plat Records filed in the Office of the Wichita County County Clerk, and more commonly known as 726 Scott Ave., Wichita Falls, Wichita County, Texas as a Reinvestment Zone (the “Zone”), which constitutes a reinvestment zone for commercial/industrial tax phase-in, as authorized by the Texas | — |
| Capital investment | $14,600,000.00OWNER agrees that its capital investment in: i) the Real Property and Personal Property will be in an amount not less than FOURTEEN MILLION SIX HUNDRED THOUSAND DOLLARS ($14,600,000.00). | 6 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 5OWNER covenants and agrees that it will create and fill not less than five (5) new Employment Positions in Wichita County over and above the Employment Baseline | 8 |
| Wage requirement | $10.00 per hourOWNER agrees that from the Effective Date throughout the Term, one hundred percent (100%) of all Employment Positions at the New Facility will be paid a minimum wage, not including benefits, of at least Ten dollars and zero cents ($10.00) per hour. | 8 |
| Square footage | Not stated in the agreement | — |
| Acreage | 0.888700Property Location: 0000726 SCOTT Acres: 0 888700 | 40 |
| Performance deadline | January 1, 2028The capital investments related to the Personal Property contemplated by this Paragraph 3.02 must be completed on or before January 1, 2028, subject to Force Majeure. | 6 |
| Expiration | December 31, 2028Tax Abatement Period” for purposes of this Agreement means the period beginning on January 1, 2023 and continuing for a period of up to five (5) tax years thereafter ending on December 31 of that fifth year. | 3 |
| Effective date | May 11, 2022IN WITNESS WHEREOF, this Agreement is executed in triplicate originals effective thisll May of _ Tu (4 2022. | 18 |
| Signatory | William KeltyWilliam Kelty Manager | 18 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0006197 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.