Nike USA, Inc.

Agreement 0006756, filed with the Texas Comptroller by Dallas County.

50%of real property increases and business personal property increases abated

January 1, 2025performance deadline

The obligation

What the contract requires.

“effective no later than January 1, 2025”Executed agreement, p. 1

“The project would create and maintain 500 new jobs”Executed agreement, p. 1

The remedy

What the contract says happens.

“Upon the occurrence of a court finding a violation of Section VI (1}(v) (supra), all taxes which otherwise would have been paid by the Owner/Landlord and/or Tenant to the County without the benefit of the Tax Abatement, including interest and penalties thereon”Executed agreement, p. 10

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 property increases and business personal property increases · p. 1

What was abated, and for how long.

50%10 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, Texas (“County”), a political subdivision of the State of Texas	4
Contracting entity	Nike USA, Inc.Nike USA, Inc., an Oregon Corporation, (“Zenant”), and LPC SOUTHPORT III, LP a Delaware limited partnership	4
Parent / guarantor	Not stated in the agreement	—
Instrument	Tax AbatementThis Tax Abatement Agreement (“Agreement”)	4
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 1* 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	500 recital language, not a covenantThe project would create and maintain 500 new jobs	1
Wage requirement	$37,000with an average salary of $37,000	1
Square footage	Not stated in the agreement	—
Acreage	64.131BEING a tract of land situated in the George W. Scott Survey, Abstract No. 1273, City of Wilmer, Dallas County, Texas; and being all of a 64.131 acre tract of land	35
Performance deadline	January 1, 2025effective no later than January 1, 2025	1
Expiration	Not stated in the agreement	—
Effective date	November 1, 2022This Tax Abatement Agreement (“Agreement”) is made and entered into as of the ist day of November , 2022	4
Signatory	Shannon McWhinneyName; Shannon McWhinney	16
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 0006756 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]