The Abatement RegisterHillAgreement 0006728
Texas Chapter 380 / 381 agreement · Hill

Buc-ee’s Hillsboro, LLC

Agreement 0006728, filed with the Texas Comptroller by County of Hill, Texas.

$40,000,000.00committed capital investment
150permanent jobs committed
December 1, 2022performance deadline
The obligation

What the contract requires.

“Construction of the Project shall commence on or before December 1, 2022”Executed agreement, p. 3
“Developer shall create at least one hundred fifty (150) full time equivalent jobs”Executed agreement, p. 3
“Developer has made a direct capital investment of more than Forty Million ($40,000,000.00) Dollars in the Project.”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

““Overpayment Amount” means the percentage of Chapter 381 Payment which Developer must reimburse to the County”Executed agreement, p. 2

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 · Sales Tax Revenues · p. 4

What was abated, and for how long.

$0.005 of the $0.005 sales tax10 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 bodyCounty of Hill, TexasCounty of Hill, Texgg { County1
Contracting entityBuc-ee’s Hillsboro, LLCBuc-ee’s Hillsboro, LLC, a Texas limited liability company1
Parent / guarantorBuc-ee’s, LtdBuc-ee’s, Ltd Attn: Legal Department 327 FM 2004 Lake Jackson, TX 7756612
InstrumentEconomic Development GrantProject - Economic Development Grant.4
Governing chapterChapter 381, Local Government Codeand WHEREAS, in accordance with Article III, Section 52-a of the Texas Constitution and Chapter 381 of the Texas Local Gov’t Code, County may establish and provide for the administration of a program for making loans and grants of public money to promote state or local economic development and to stimulate business and commercial activity within the County;—
Capital investment$40,000,000.00Developer has made a direct capital investment of more than Forty Million ($40,000,000.00) Dollars in the Project.3
Grant or incentiveNot stated in the agreement—
Jobs committed150Developer shall create at least one hundred fifty (150) full time equivalent jobs3
Wage requirementNot stated in the agreement—
Square footage74,000being approximately seventy-four thousand (74,000) square feet in size2
Acreage35.62tract of land consisting of approximately 35.62 acres1
Performance deadlineDecember 1, 2022Construction of the Project shall commence on or before December 1, 20223
ExpirationNot stated in the agreement—
Effective dateSeptember 2022on this ay day of Se ptim bo , 2022 (“Effective Date”)1
SignatoryJoe O’LearyJoe O’Leary, Vice President16
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 0006728 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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