The Abatement RegisterChambersAgreement 0010597
Texas Chapter 380 / 381 agreement · Chambers

CEDAR BAYOU FRACTIONATORS, L.P.

Agreement 0010597, filed with the Texas Comptroller by CHAMBERS COUNTY, TEXAS.

$298,500,000committed capital investment
100%of County property taxes abated
The obligation

What the contract requires.

“substantially complete, or cause to be substantially completed, the Project on or before February I, 2016”Executed agreement, p. 17
“At start/opening 10 in year 2016”Executed agreement, p. 3
“with an estimated construction cost of $298,500,000”Executed agreement, p. 15

The date in this field is not fully supported by the sentence quoted beside it, usually because the scan is damaged or the contract states a period rather than a date. It is shown as read, flagged, and not relied on.

The repayment remedy

What happens if it is not met.

“if Company fails to meet the Construction Covenant, Company shall repay to the County, without penalty or interest, all tax abatements received under this Agreement”Executed agreement, p. 19

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 · County property taxes · p. 17

What was abated, and for how long.

100%2016
100%2017
100%2018
100%2019
100%2020
100%2021
100%2022
100%2023
100%2024
100%2025

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 bodyCHAMBERS COUNTY, TEXASCHAMBERS COUNTY, TEXAS (the “County”)12
Contracting entityCEDAR BAYOU FRACTIONATORS, L.P.CEDAR BAYOU FRACTIONATORS, L.P., a limited partnership (“Company”)12
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development Program and Tax Abatement AgreementThis Economic Development Program and Tax Abatement Agreement12
Governing chapterChapter 312, Tax Code, and Chapter 381, Local Government CodeWe respectfully request this Chapter 312 abatement of the Texas Tax Code.—
Capital investment$298,500,000with an estimated construction cost of $298,500,00015
Grant or incentiveNot stated in the agreement—
Jobs committed10 figure taken from a schedule, not from covenant languageAt start/opening 10 in year 20163
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage18.59 ACReinvestment zone is 18.59 AC2
Performance deadlineFebruary 1, 2016 date not fully supported by the quoted sentencesubstantially complete, or cause to be substantially completed, the Project on or before February I, 201617
ExpirationNot stated in the agreement—
Effective dateFebruary 12, 2015entered into this! 2 day of February, 2015 (the “Effective Date”)12
SignatoryowName: ow26
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Project components · p. 11

DeEthanizer, DePropanizer, Debutanizer, Towers, Heat Medium, Gasoline Treater, Compression Equipment

How to check this page

Every line above is in the contract.

Agreement 0010597 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.

[email protected]