Agreement 0010556, filed with the Texas Comptroller by CHAMBERS 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 | CHAMBERS COUNTY, TEXASThis Chapter 381 Economic Development Agreement (hereinafter “Agreement”) is made and entered into by and between CHAMBERS COUNTY, TEXAS, (hereinafter the “County”), and TARGA TRAIN 8, LLC | 1 |
| Contracting entity | TARGA TRAIN 8, LLCThis Chapter 381 Economic Development Agreement (hereinafter “Agreement”) is made and entered into by and between CHAMBERS COUNTY, TEXAS, (hereinafter the “County”), and TARGA TRAIN 8, LLC | 1 |
| Parent / guarantor | Targa Resources, LLCTarga Resources, LLC proposes to build a new 100,000 bbl/day NGL Fractionator in Mont Belvieu, Texas. | 29 |
| Instrument | Chapter 381 Economic Development AgreementThis Chapter 381 Economic Development Agreement (hereinafter “Agreement”) is made and entered into by and between CHAMBERS COUNTY, TEXAS, (hereinafter the “County”), and TARGA TRAIN 8, LLC | 1 |
| Governing chapter | Chapter 312, Tax Code, and Chapter 381, Local Government CodeThompson Vice thes went, TA (Printed Name and Title) o/2114 (Date) (Signature) yeor in tratve Nssiste at (Printed Name and Title) By: CHAMBERS COUNTY Tim Sylvia, County Tudge (Printed Name and Title) Moy at, 201% (Date) CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT — PAGE 9 <<<PAGE 10>>> ise : (Printed Name and Title) 1 illite ieee CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT — PAGE 10 <<<PAGE 11>>> CH | — |
| Capital investment | $250,000,000“Project” means TARGA’s planned construction of the new 8" fractionation facility to be constructed at its complex in Chambers County, with an estimated construction cost of $250,000,000. | 4 |
| Grant or incentive | $1,000,000.00“Chapter 381 Infrastructure Payment” shall mean one or more payments totaling in the aggregate an amount equal to ONE MILLION DOLLARS and NO/100 ($1,000,000.00) made by TARGA to the County | 3 |
| Jobs committed | 12 the quoted sentence states no obligationUpon completion of construction, there will be at minimum 12, full-time salaried positions in Mont Belvieu for the maintenance and operation of the facility. | 26 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | Not stated in the agreement | — |
| Performance deadline | December 2020Construction is anticipated to commence in April 2019, and the facility will be fully operational by December 2020. | 24 |
| Expiration | November 30, 2029“Chapter 381 Final Payment Date” shall mean November 31, 2029. | 3 |
| Effective date | May 2, 2019May 2+ 2019 | 22 |
| Signatory | Tonw D. ThompsonTonw D. Thompson Vice thes went, TA | 9 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Pre-treatment Systems, De-Ethanizer Unit, De-Propanizer Unit, De-Butanizer Unit, Associated Towers, Additional Storage Facilities for Y-grade liquids and other components, All Appurtenant Components, Heat Medium, Gasoline Treater, Compression Equipment, Butane Splitter
Agreement 0010556 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.