Agreement 0007018, filed with the Texas Comptroller by HAYS COUNTY.
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| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | HAYS COUNTYHAYS COUNTY, a political subdivision of the State of Texas ("County") | 1 |
| Contracting entity | BFS Group LLCBFS Group LLC, a Delaware limited liability company registered to do business in the State of Texas ("Employer") | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 381 Economic Development AgreementTHIS CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT ("Agreement") | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> ECONOMIC DEVELOPMENT AGREEMENT THIS CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT ("Agreement") is entered into as of this sé day of Feb Mtl cy 2023 (the “Effective Date”) by and between the HAYS COUNTY, a political subdivision of the State of Texas ("County") and BFS Group LLC, a Delaware limited liability company registered to do business in the State of Texas ("Employer"). | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | five hundred thousand dollars ($500,000)The maximum total of Incentive Payments under this Agreement is five hundred thousand dollars ($500,000). | 4 |
| Jobs committed | 46 construction-period jobs, not permanent positionsYear Existing Jobs on Site New Jobs | Total 1 - 35 35 2 35 2 Si 3 37 Z 39 4 39 2 41 5 41 2 43 6 43 3 46 7 46 - 46 8 46 - 46 9 46 - 46 10 46 - 46 | 6 |
| Wage requirement | $40,000 annuallyaverage salary or average annual wages established herein as $40,000 annually. | 2 |
| Square footage | 47,000 square feeta facility being a minimum of 47,000 square feet in size | 1 |
| Acreage | 14-acrethe Employer owns that certain 14-acre tract of land ("Property”) | 1 |
| Performance deadline | April 30, 2034 date not fully supported by the quoted sentencecontinuing until the last day of the month immediately prior to the tenth (10") anniversary of such Commencement Date or the total amount of Incentive Payments equals five hundred thousand dollars ($500,000), whichever occurs first (the “Expiration Date” | 4 |
| Expiration | April 30, 2034continuing until the last day of the month immediately prior to the tenth (10") anniversary of such Commencement Date or the total amount of Incentive Payments equals five hundred thousand dollars ($500,000), whichever occurs first (the “Expiration Date” | 4 |
| Effective date | February 2023as of this sé day of Feb Mtl cy 2023 (the “Effective Date”) | 1 |
| Signatory | Paul DunnPa Dunn, Vice President — Real Estate | 15 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0007018 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.
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.