The Abatement RegisterBrazosAgreement 0006614
Texas Chapter 380 / 381 agreement · Brazos

LAWSON PROPERTIES V, LLC

Agreement 0006614, filed with the Texas Comptroller by BRAZOS COUNTY, TEXAS.

$10,000,000committed capital investment
50%of Maintenance and Operations Rate portion of the Real Property Taxes abated
2026performance deadline
The obligation

What the contract requires.

“The Company agrees that by 2026, the combined taxable appraised value of the improvements on the real property (excluding the value of the real property itself) as well as the business personal property shall be $10,000,000.00 or higher.”Executed agreement, p. 3
“approximately one hundred fifty (150) New Full-time Employment Positions”Executed agreement, p. 1
“add upwards of $10,000,000 in taxable value on the property”Executed agreement, p. 1
The remedy

What the contract says happens.

“shall be repaid by Company to the County not later than the 120th day after the date the County notifies Company of the violation”Executed agreement, p. 4

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 · Maintenance and Operations Rate portion of the Real Property Taxes · p. 3

What was abated, and for how long.

50%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.

FieldValue & quoted sourcePage
Granting bodyBRAZOS COUNTY, TEXASBRAZOS COUNTY, TEXAS, (“County”)1
Contracting entityLAWSON PROPERTIES V, LLCLAWSON PROPERTIES V, LLC, (“Company”)1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 AgreementLAWSON PROPERTIES V, LLC CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> STATE OF TEXAS § COUNTY OF BRAZOS § LAWSON PROPERTIES V, LLC CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT WITH THE BRAZOS COUNTY, TEXAS This Chapter 381 Agreement (“Agreement”) is entered into on this the QOT ay of SePTEemBen— 2022 by and between BRAZOS COUNTY, TEXAS, (“County”) political subdivision organized under the laws of Texas, acting herein by and through its duly elected Commis—
Capital investment$10,000,000add upwards of $10,000,000 in taxable value on the property1
Grant or incentiveNot stated in the agreement—
Jobs committed150 recital language, not a covenantapproximately one hundred fifty (150) New Full-time Employment Positions1
Wage requirement$18.50/houraverage wage rate of $18.50/hour3
Square footage150,000 sfa new manufacturing facility containing a minimum of 150,000 sf. heated interior space2
Acreage80 acrespresently there remains approximately eighty (80) acres left undeveloped1
Performance deadline2026The Company agrees that by 2026, the combined taxable appraised value of the improvements on the real property (excluding the value of the real property itself) as well as the business personal property shall be $10,000,000.00 or higher.3
ExpirationMarch 30, 2027Term. This term of this Agreement shall be from the Effective Date through March 30, 20272
Effective dateSeptember 2022entered into on this the QOT ay of SePTEemBen— 20221
SignatoryKenny LawsonKfny}Lawson, CEO6
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 0006614 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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