The Abatement RegisterMcLennanAgreement 0009823
Texas Chapter 380 / 381 agreement · McLennan

A&C REAL ESTATE INVESTMENT TEXAS, LLC

Agreement 0009823, filed with the Texas Comptroller by MCLENNAN COUNTY, TEXAS.

$182,000,000committed capital investment
120permanent jobs committed
50%of personal property additions abated
December 31, 2028performance deadline
The obligation

What the contract requires.

“By December 31, 2028, construct a facility on the Real Property”Executed agreement, p. 4
“employ an average of one hundred twenty (120) Full Time Employees”Executed agreement, p. 4
“Minimum Project Expenditure — shall be at least One Hundred Eighty-two million dollars ($182,000,000)”Executed agreement, p. 4
The remedy

Future payments stop.

“If Grantee forfeits the Grant for more than 2 consecutive years, the County may terminate this Agreement and Grantee’s rights hereunder.”Executed agreement, p. 5

This clause stops money not yet paid. It does not require what has already been received to be returned.

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 · personal property additions · p. 2

What was abated, and for how long.

50%10 tax 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, TEXASMCLENNAN COUNTY, TEXAS ("COUNTY")1
Contracting entityA&C REAL ESTATE INVESTMENT TEXAS, LLCA&C REAL ESTATE INVESTMENT TEXAS, LLC ("A&C")1
Parent / guarantorELECTRONIC FLUOROCARBONS, LLCELECTRONIC FLUOROCARBONS, LLC ("EFC")1
InstrumentDevelopment AgreementThis Development Agreement ("Agreement")1
Governing chapterChapter 381, Local Government CodeWHEREAS, pursuant to §381.004 of the Texas Local Government Code, the County created its Industrial Business Grant Program;—
Capital investment$182,000,000Minimum Project Expenditure — shall be at least One Hundred Eighty-two million dollars ($182,000,000)4
Grant or incentiveNot stated in the agreement—
Jobs committed120employ an average of one hundred twenty (120) Full Time Employees4
Wage requirement$65,000employees scheduled to work at least 1,820 hours per year at an average salary of $65,0004
Square footageNot stated in the agreement—
Acreage195Real Property — 195 acre tract located in the John L. Johnson survey4
Performance deadlineDecember 31, 2028By December 31, 2028, construct a facility on the Real Property4
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryPavel PerlovPavel Perlov, Managing Member8
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 0009823 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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