Zobele USA Inc.

Agreement 0006207, filed with the Texas Comptroller by Dallas County.

40%of real business personal property increases abated

January 1, 2024performance deadline

The obligation

What the contract requires.

“effective no later than January 1, 2024.”Executed agreement, p. 1

“The project would create and maintain 150 new jobs”Executed agreement, p. 1

The repayment remedy

What happens if it is not met.

“all taxes which otherwise would have been paid by the Owner/Lessee to the County without the benefit of the Tax Abatement, including interest and penalties thereon (“Recapture Liability’)”Executed agreement, p. 8

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 business personal property increases · p. 1

What was abated, and for how long.

40%5 years

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.

Field	Value & quoted source	Page
Granting body	Dallas CountyDallas County has proposed providing a five-year, 40% tax abatement	1
Contracting entity	Zobele USA Inc.provision of a five-year, 40% abatement on real business personal property increases to Zobele USA Inc.	1
Parent / guarantor	Zobele Holding S.p.A.Guarantor: Zobele Holding S.p.A., the joint stock company formed in Italy that is the parent company of Tenant	38
Instrument	abatementprovision of a five-year, 40% abatement on real business personal property increases	1
Governing chapter	Chapter 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 2022-0126 on the 1st day of February, 2022, 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 investment	Not stated in the agreement	—
Grant or incentive	Not stated in the agreement	—
Jobs committed	150 recital language, not a covenantThe project would create and maintain 150 new jobs	1
Wage requirement	$54,000with an average salary of $54,000	1
Square footage	164,914a parcel of land and the improvements thereon (containing approximately 164,914 square feet of space)	37
Acreage	Not stated in the agreement	—
Performance deadline	January 1, 2024effective no later than January 1, 2024.	1
Expiration	August 31, 2026Term Expiration Date: August 31, 2026	38
Effective date	August 2, 2022Date: 08/02/2022	15
Signatory	Eduardo GonzalezName: _ Eduardo Gonzalez	15
Chain status	Terminal 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 0006207 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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