The Abatement RegisterWallerAgreement 0006598
Texas Chapter 380 / 381 agreement · Waller

Amazon.com.kyde LLC

Agreement 0006598, filed with the Texas Comptroller by Waller County.

$110,000,000committed capital investment
800permanent jobs committed
0–70%of Property Taxes abated
The obligation

What the contract requires.

“employ at least 800 persons in Jobs and maintain such level of employment”Executed agreement, p. 5
“approximately $110,000,000 in Personal Property”Executed agreement, p. 1
The remedy

What the contract says happens.

“If, during any year of the Term of this Agreement, Amazon is not in compliance with its obligation to create and retain Jobs or to create and maintain payroll, no Chapter 381 Payment shall be due for that year and Amazon shall have no recourse or claim for recovery of the amount of the Chapter 381 Payment that would have otherwise been due for that year.”Executed agreement, p. 16

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 · Property Taxes · p. 8

What was abated, and for how long.

0%Value less than $100,000,000
50%Value at $100,000,000
60%Value greater than $100,000,000 but less than, or equal to, $150,000,000
70%Value greater than $150,000,000

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 bodyWaller CountyWaller County, a political subdivision of the State of Texas (the “County” )1
Contracting entityAmazon.com.kyde LLCAmazon.com.kyde LLC, a limited liability company organized in the State of Delaware (“Amazon”)1
Parent / guarantorAmazon.com Inc.“Affiliate” means any entity that directly or indirectly controls, is controlled by, or is under common control with, Amazon.com Inc. or Amazon.3
InstrumentChapter 381 Economic Development Incentive AgreementCHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT1
Governing chapterChapter 381, Local Government Codeo- 1 CHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT As of March Zot.—
Capital investment$110,000,000approximately $110,000,000 in Personal Property1
Grant or incentiveNot stated in the agreement—
Jobs committed800employ at least 800 persons in Jobs and maintain such level of employment5
Wage requirement$20,000,000aggregate annual payroll of at least $20,000,0001
Square footage1,000,000approximately 1.000,000 square-foot fulfillment’ center1
AcreageNot stated in the agreement—
Performance deadlineNot stated in the agreement—
ExpirationDecember 31 of the fourteenth (14"") full calendar year after the First Compliance YearThe “Term” of this Agreement shall commence on the Effective Date and continue unul December 31 of the fourteenth (14"") full calendar year after the First Compliance Year (the “Expiration Date”).4
Effective dateMarch Zot. 2017As of March Zot. 2017 (the “bffective Date”)1
SignatoryBradun. (oyDocuSigned by: By: Bradun. (oy25
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 0006598 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.

[email protected]