Agreement 0009160, filed with the Texas Comptroller by PECOS 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 | PECOS COUNTY, Texasentered into this 22 day of Tanta 2024, by and between PECOS COUNTY, Texas, a Texas political subdivision (“County”) | 1 |
| Contracting entity | Lancium, LLCLancium, LLC, a Delaware limited liability company | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Program AgreementAmended and Restated Economic Development Program Agreement | 1 |
| Governing chapter | Chapter 381, Local Government Codeand WHEREAS, the purpose of this Agreement is to promote economic development as contemplated by Chapter 381 of the Texas Local Government Code, whereby Lancium LLC has constructed, developed and operates a data center containing industrial electrical services equipment and data servers (collectively, the “Project” or the “Improvements”) in conformance with the County’s development approvals for t | — |
| Capital investment | $30,000,000Lancium LLC invested approximately $30,000,000 in improvements to real property and additions to personal property in connection with the Project | 1 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 15 recital language, not a covenantLancium I.LC has hired and intends to maintain at least 15 new full-time and/or full-time equivalent employees (“FTEs”) | 1 |
| Wage requirement | $67,000(d) Salaries and Benefits. Lancium LLC agrees that the full-time jobs will have an average annual salary of at least $67,000 | 4 |
| Square footage | Not stated in the agreement | — |
| Acreage | 10which was constructed on approximately 10 acres of land | 1 |
| Performance deadline | Not stated in the agreement | — |
| Expiration | December 31, 2041(b) “Grant Period” means the period of time beginning January 1, 2024 and continuing for eighteen (18) years, ending on December 31, 2041. | 2 |
| Effective date | January 1, 2024(e) “Effective Date” is the date this Agreement is executed to be effective by the County and Lancium LLC. | 2 |
| Signatory | Jennifer KennedyName: ST yntter Kennedy | 10 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0009160 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.