The Abatement RegisterWallerAgreement 0006870
Texas Chapter 380 / 381 agreement · Waller

Houston Property Partners II, LLC

Agreement 0006870, filed with the Texas Comptroller by County of Waller, Texas.

$15,000,000committed capital investment
40%of Premises and the Personal Property abated
January 1, 2021performance deadline
The obligation

What the contract requires.

“prior to January 1, 2021”Executed agreement, p. 3
“at least 250 Employees (as defined herein) must be employed at or based from the Premises.”Executed agreement, p. 4
“$15,000,000 of tangible personal property”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“the County, in such event, shall be entitled to recapture any and all property taxes which have been abated as a result of this Agreement”Executed agreement, p. 9

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 · Premises and the Personal Property · p. 6

What was abated, and for how long.

40%Year 1 (2019)
40%Year 2 (2020)
40%Year 3 (2021)
40%Year 4 (2022)
40%Year 5 (2023)
40%Year 6 (2014)
40%Year 7 (2025)
40%Year 8 (2026)
40%Year 9 (2027)
40%Year 10 (2028)

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 Waller, TexasThis Agreement is entered into by and between the County of Waller, Texas, duly acting herein by and through the County Judge1
Contracting entityHouston Property Partners II, LLCHouston Property Partners II. LLC, a Florida limited liability company1
Parent / guarantorSouthern Glazer’s Wine and Spirits of Texas, LLCSouthern Glazer’s Wine and Spirits of Texas, LLC, a Texas limited liability company1
InstrumentTax Abatement AgreementTAX ABATEMENT AGREEMENT BETWEEN WALLER COUNTY, TEXAS AND HOUSTON PROPERTY PARTNERS H, LLC AND SOUTHERN GLAZER’S WINE AND SPIRITS OF TEXAS, LLC1
Governing chapterChapter 312, Tax Code (property tax abatement)RECITALS: WHEREAS, on August 23, 2017, the County passed an Order establishing a Reinvestment Zone for commercial/industrial tax abatement, as authorized by TEXAS TAX CODE Chapter 312;—
Capital investment$15,000,000$15,000,000 of tangible personal property3
Grant or incentiveNot stated in the agreement—
Jobs committed250 recital language, not a covenantat least 250 Employees (as defined herein) must be employed at or based from the Premises.4
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage42.626A 42.626 acre or 1,856,805 square feet more or less, acre tract of land16
Performance deadlineJanuary 1, 2021prior to January 1, 20213
ExpirationDecember 31, 2028terminating 12/31/2028.6
Effective dateDecember 12, 2018on this the 12th day of December, 2018.1
SignatoryW/AYVvE. So. CIWNAIRName: W/AYVvE. So. CIWNAIR15
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 0006870 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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