Agreement 0007671, filed with the Texas Comptroller by BRAZOS COUNTY, TEXAS.
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 | BRAZOS COUNTY, TEXASBRAZOS COUNTY, TEXAS, a political subdivision of the State of (hereinafter referred to as “County”) | 1 |
| Contracting entity | Adam Development Properties, L.P.Adam Development Properties, L.P., a Texas Limited Partnership (hereinafter referred to as “Developer’) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 381 Economic Development Incentive AgreementThis Chapter 381 Economic Development Incentive Agreement (this “Agreement”) | 1 |
| Governing chapter | Chapter 380/381, Local Government Code“City Chapter 380 Agreement” means the economic development agreement between Developer and City that was conditionally approved by the Bryan City Council at its November 10, 2015 meeting, a copy of which is attached as Exhibit “C’. | — |
| Capital investment | $25,000,000.00$25,000,000.00 in Project Development Costs | 7 |
| Grant or incentive | $5,150,000.00Maximum Payment Amount” means the total, not to exceed amount of cash incentives which may be paid to Developer by County as a Chapter 381 Payment during the term of this Agreement, which amount shall not exceed $5,150,000.00. | 4 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | 409 acresDeveloper owns a certain 409 acres of land within the County | 1 |
| Performance deadline | 12 years after the First Year of Cash IncentivesDeveloper shall expend a minimum of $25,000,000.00 in Project Development Costs by the conclusion of 12 years after the First Year of Cash Incentives | 7 |
| Expiration | the 31st day of December in the twentieth year following the Effective date of this AgreementExpiration Date” means the earlier to occur of (i) the date the Chapter 381 Payment is received from the County in the year following 12 years after the First Year of Cash Incentives or (ii) 5 years from the Effective Date of this Agreement, if at that time, the Developer has not completed and/or the City Engineer has not accepted the Phase 1 University Drive Public Improvements; or (iii) the 31st | 3 |
| Effective date | Not stated in the agreement | — |
| Signatory | Stephanie Adam MalechekName: Stephanie Adam Malechek” | 16 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0007671 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.