The Abatement RegisterMcLennanAgreement 0008970
Texas Chapter 380 / 381 agreement · McLennan

Walmart Inc.

Agreement 0008970, filed with the Texas Comptroller by McLennan County, Texas.

$180,000,000committed capital investment
70%of County property taxes on Personal Property Additions abated
December 31, 2026performance deadline
The obligation

What the contract requires.

“Except in cases of force majeure, Business shall complete the Project by December 31, 2026.”Executed agreement, p. 2
“Project Employment. 396 full-time jobs”Executed agreement, p. 2
“Real Property Improvements of no less than $180,000,000”Executed agreement, p. 1
The remedy

What the contract says happens.

“Failure to install Personal Property Additions at the Project having a capital investment value of no less than $170,000,000 shall result in a percent-for-percent reduction of the Grant percentage”Executed agreement, p. 2

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 · County property taxes on Personal Property Additions · p. 2

What was abated, and for how long.

70%15 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 bodyMcLennan County, TexasAGREEMENT FOR INDUSTRIAL BUSINESS GRANT BETWEEN MCLENNAN COUNTY, TEXAS AND WALMART INC.1
Contracting entityWalmart Inc.AGREEMENT FOR INDUSTRIAL BUSINESS GRANT BETWEEN MCLENNAN COUNTY, TEXAS AND WALMART INC.1
Parent / guarantorBlue Kingfisher, LLC and Wal-Mart Associates, Inc.Walmart Inc. and Walmart Inc.’s affiliates; including, but not limited to Blue Kingfisher, LLC and Wal-Mart Associates, Inc.1
InstrumentIndustrial Business GrantThis Agreement for Industrial Business Grant1
Governing chapterChapter 381, Local Government Codeand WHEREAS, Business seeks the provision of economic development incentives from the County in the form of an Industrial Business Grant under the most current version of the County’s Industrial Business Grant Program adopted by the County Commissioners Court as authorized by §381.004 of the Local Government Code;—
Capital investment$180,000,000Real Property Improvements of no less than $180,000,0001
Grant or incentiveNot stated in the agreement—
Jobs committed396 the quoted sentence states no obligationProject Employment. 396 full-time jobs2
Wage requirement$60,000at an average wage of $60,000 plus health insurance benefits.2
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2026Except in cases of force majeure, Business shall complete the Project by December 31, 2026.2
ExpirationNot stated in the agreement—
Effective dateMarch 2024EXECUTED this b™ day of Mauch 2024.6
SignatoryWayne MatniltonWalmart Inc. Wayne Matnilton6
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 0008970 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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