Agreement 0010593, filed with the Texas Comptroller by CHAMBERS COUNTY, TEXAS.
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.
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, TEXASDUTTON LAKE, LLC, a Texas limited liabilitycompany (the "Developer") and CHAMBERS COUNTY, TEXAS (the “County”). | 1 |
| Contracting entity | DUTTON LAKE, LLCDUTTON LAKE, LLC, a Texas limited liabilitycompany (the "Developer") | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 381 Economic Development AgreementCHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT | 1 |
| Governing chapter | Chapter 312, Tax Code, and Chapter 381, Local Government Codecial activity in the County, and WHEREAS, Chambers County desires to provide financial incentives to select private businesses that contribute to economic development, and WHEREAS, Chambers County desires to provide such incentives to projects whose properties are subject to Chambers County ad valorem taxes, and WHEREAS, Chapter 381 can be used in conjunction with tax abatement provided for under | — |
| Capital investment | $779,914.00to pay for sixty-five percent (65%) of the $779,914.00 cost of certain Public Improvements | 5 |
| Grant or incentive | $506,944.00to pay for sixty-five percent (65%) of the $779,914.00 cost of certain Public Improvements or $506,944.00 | 5 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | 132-acreCypress Point Subdivision, a planned 132-acre tract residential subdivision | 1 |
| Performance deadline | January 1, 2021if the Project does not achieve ad valorem taxable values of at least Ten Million Dollars ($10,000,000.00) on the tract by January 1, 2021 | 5 |
| Expiration | ten (10) years thereafterfor a term expiring the earlier of ten (10) years thereafter, or on the date that all payments required hereunder have been made, | 8 |
| Effective date | Spear eT 2020this _|\“* day of Spear eT 2020 (the “Effective Date”) | 1 |
| Signatory | Jay AtchleyDUTTON LAKE, LLC By: va Jay Atchley, me | 9 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0010593 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.