The Abatement RegisterBrazosAgreement 0007937
Texas Chapter 380 / 381 agreement · Brazos

EVAPCO, INC.

Agreement 0007937, filed with the Texas Comptroller by BRAZOS COUNTY, TEXAS.

$9,000,000committed capital investment
50%of Maintenance and Operations Rate portion of the Real Property Taxes abated
December 31, 2026performance deadline
The obligation

What the contract requires.

“The Company agrees that by December 31, 2026, the combined taxable appraised value of the improvements”Executed agreement, p. 4
“approximately ninety (90) New Full-time Employment Positions”Executed agreement, p. 2
“add upwards of Nine Million Dollars ($9,000,000) in taxable value on the property”Executed agreement, p. 2
The remedy

What the contract says happens.

“shall be repaid by Company to the County not later than the 120th day after the date the County notifies Company of the violation”Executed agreement, p. 6

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 · Maintenance and Operations Rate portion of the Real Property Taxes · p. 4

What was abated, and for how long.

50%5 years

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 bodyBRAZOS COUNTY, TEXASBRAZOS COUNTY, TEXAS, (“County”) a political subdivision organized under the laws of Texas2
Contracting entityEVAPCO, INC.EVAPCO, INC., (“Company”) a corporation created and operating under the laws of the State of Maryland2
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 Economic Development AgreementCHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT2
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> BRAZOS COUNTY BRYAN, TEXAS DEPARTMENT: DATE OF COURT MEETING: ITEM: TO: DATE: FISCAL IMPACT: BUDGETED: DOLLAR AMOUNT: ATTACHMENTS: File Name EVAPCO_Signed_381_8.24.23.pdf NUMBER: 8/29/2023 Approval of the Chapter 381 Economic Development Agreement with EVAPCO, Inc.—
Capital investment$9,000,000add upwards of Nine Million Dollars ($9,000,000) in taxable value on the property2
Grant or incentiveNot stated in the agreement—
Jobs committed90 recital language, not a covenantapproximately ninety (90) New Full-time Employment Positions2
Wage requirement$65,000at an average annual salary of at least Sixty-Five Thousand Dollars ($65,000)2
Square footage50,000 sfFacility - a new manufacturing facility containing approximately 50,000 sf. space to be constructed.3
Acreage9.15 Acres9.15 Acres located on Crosswind Drive and being part of the 24.349 Acres out of CAD #12637.9
Performance deadlineDecember 31, 2026The Company agrees that by December 31, 2026, the combined taxable appraised value of the improvements4
ExpirationDecember 31, 2031This term of this Agreement shall be from the Effective Date through December 31, 20313
Effective dateAugust 24, 2023Executed to be effective this 24th day of August, 2023.8
SignatoryJeffrey FinchJeffrey Finch, Senior Vice President/CFO8
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 0007937 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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