Agreement 0009159, filed with the Texas Comptroller by Grayson 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.
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 | Grayson County, TexasGRAYSON COUNTY, TEXAS | 1 |
| Contracting entity | Panda Sherman Power, LLCPANDA SHERMAN POWER, LLC | 1 |
| Parent / guarantor | Panda Power FundsAn affiliate of Panda Power Funds | 13 |
| Instrument | grantthe County shall, for each Grant Term Year, make a grant (in cash) to the Company | 3 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> GRAYSON COUNTY, TEXAS AND PANDA SHERMAN POWER, LLC “CHAPTER 381” ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT This Economic Development Program Agreement (“Agreement”) is made and entered into by and between Grayson County, Texas (the “County”), and rae i erman Power, LLC, a Delaware limited liability company (the “Company”), as of || , 2011 (the “Effective Date”). | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | Not stated in the agreement | — |
| Performance deadline | July 1, 2016 defined term, not a covenantConstruction Condition” means Panda or a Panda Affiliate substantially completing, or causing to be substantially completed, the Electric Generation Facility on or before July 1, 2016. | 2 |
| Expiration | Not stated in the agreement | — |
| Effective date | October 11, 2011Panda Sherman Power, LLC (“Panda”) dated October 11, 2011 | 13 |
| Signatory | Stephen CampbellName: Stephen Campbell | 13 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0009159 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.