Agreement 0007474, filed with the Texas Comptroller by Hays County, Texas.
The dated sentence above defines a term used elsewhere in the contract. It is recorded here as a definition, not as a performance obligation.
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.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | Hays County, TexasCHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN HAYS COUNTY, TEXAS AND COSTCO WHOLESALE CORPORATION | 1 |
| Contracting entity | Costco Wholesale CorporationCHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN HAYS COUNTY, TEXAS AND COSTCO WHOLESALE CORPORATION | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 381 Economic Development AgreementCHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN HAYS COUNTY, TEXAS AND COSTCO WHOLESALE CORPORATION | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN HAYS COUNTY, TEXAS AND COSTCO WHOLESALE CORPORATION This Chapter 381 Economic Development Agreement (this “Agreement”) is entered into between Hays County, a political subdivision of the State of Texas (the “County’’) and Costco Wholesale Corporation, a Washington corporation (“Costco”). | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | Two Million, Five Hundred and Six Thousand, One Hundred and No/100 Dollars ($2,506,100)the County shall be obligated to pay to Costco payments based on Sales Tax Revenues as provided in this Article 5, in an amount up to but not to exceed a cumulative total amount of Two Million, Five Hundred and Six Thousand, One Hundred and No/100 Dollars ($2,506,100) | 6 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | One Hundred Fifty Thousand (150,000) square feetCostco Facility on the Costco Property containing at least One Hundred Fifty Thousand (150,000) square feet of Gross Leasable Space | 4 |
| Acreage | 21 acresCostco has entered into an agreement to purchase approximately 21 acres of land situated in the shopping center commonly known as Kyle Town Center Shopping Center | 1 |
| Performance deadline | Conditions Satisfaction Deadline defined term, not a covenant2.5 “Conditions Satisfaction Deadline” shall mean the date that is 24 months after the date of the Costco Property Closing, as such Conditions Satisfaction Deadline may be extended by delays caused by Force Majeure. | 2 |
| Expiration | Not stated in the agreement | — |
| Effective date | April 26, 2021Date: 4/26/2) | 17 |
| Signatory | Pat CallanName: -A7 CAZLANS EV | 17 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0007474 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.