The Abatement RegisterPanolaAgreement 0007281
Texas Chapter 380 / 381 agreement · Panola

TECO GAS PROCESSING LLC

Agreement 0007281, filed with the Texas Comptroller by PANOLA COUNTY, TEXAS.

10permanent jobs committed
The obligation

What the contract requires.

“an employment level of not less than ten (10) full-time employees”Executed agreement, p. 4
The repayment remedy

What happens if it is not met.

“all taxes previously abated by virtue of this AGREEMENT will be recaptured by the COUNTY and paid by TECO within sixty (60) days of termination”Executed agreement, p. 7

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 · $1,000,000

What was abated, and for how long.

—2019
—2020
—2021
—2022
—2023
—2024
—2025
—2026
—2027
—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 bodyPANOLA COUNTY, TEXASPANOLA COUNTY, TEXAS1
Contracting entityTECO GAS PROCESSING LLCTECO GAS PROCESSING LLC1
Parent / guarantorNot stated in the agreement—
InstrumentTax Abatement AgreementTAX ABATEMENT AGREEMENT1
Governing chapterChapter 312, Tax Code (property tax abatement)<<<PAGE 1>>> STATE OF TEXAS § § COUNTY OF PANOLA § CHAPTER 312 TAX ABATEMENT AGREEMENT between PANOLA COUNTY, TEXAS and TECO GAS PROCESSING LLC This Tax Abatement Agreement (‘AGREEMENT’) is made, entered, and executed in duplicate originals between PANOLA County, TEXas, acting through its Commissioners Court ("COUNTY"), and TECO Gas PROCESSING LLC, a Delaware limited fiability company ("TECO*), th—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedten (10) full-time employeesan employment level of not less than ten (10) full-time employees4
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage21.0 total acresa contiguous land area containing 21.0 total acres more or less18
Performance deadlineNot stated in the agreement—
ExpirationDecember 31, 2029“Termination Date" means December 31, 20293
Effective dateAugust 7, 2018is effective on August 7, 20181
SignatoryFenny R. HouyFenny R. Houy12
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 0007281 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]