The Abatement RegisterChambersAgreement 0010662
Texas Chapter 380 / 381 agreement · Chambers

BGFP Houston Industrial LLC

Agreement 0010662, filed with the Texas Comptroller by Chambers County, Texas.

$32,500,000committed capital investment
100%of Eligible Property Value abated
December 30, 2024performance deadline
The obligation

What the contract requires.

“BGFP or an BGFP Affiliate covenant to substantially complete, or cause to be substantially completed, construction of the Cold Storage Facility on or before December 30, 2024”Executed agreement, p. 5
“By the end of 2025, we anticipate creating approximately 60 full-time jobs at the site.”Executed agreement, p. 33
“Est. Value of Improvements: 32,500,000”Executed agreement, p. 35
The repayment remedy

What happens if it is not met.

“BGFP shall repay all taxes previously abated by virtue of this Agreement with interest at the rate of three percent (3%) per annum”Executed agreement, p. 7

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 · Eligible Property Value · p. 4

What was abated, and for how long.

100%2025-2034

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, a Texas political subdivision (“County”)1
Contracting entityBGFP Houston Industrial LLCBGFP Houston Industrial LLC, a FreezPak Logistics Affiliate (“BGFP”)1
Parent / guarantorFreezPak LogisticsBGFP Houston Industrial LLC, a FreezPak Logistics Affiliate (“BGFP”)1
InstrumentEconomic Development Program AgreementThis Economic Development Program Agreement (the “Agreement”)1
Governing chapterChapter 312, Tax Code, and Chapter 381, Local Government Codeambers County, Texas (“County Commissioners Court”) has the authority to develop and administer a program for entering into a tax abatement agreement with an owner or lessee of a property interest subject to ad valorem taxation, provided the execution, duration, and other terms of the agreement are governed, to the extent practicable, by the provisions of Sections 312.204, 312.205, and 312.211 of —
Capital investment$32,500,000Est. Value of Improvements: 32,500,00035
Grant or incentiveNot stated in the agreement—
Jobs committed60 recital language, not a covenantBy the end of 2025, we anticipate creating approximately 60 full-time jobs at the site.33
Wage requirementNot stated in the agreement—
Square footage270,000It is our intention to build a new 270,000 square foot cold storage facility33
Acreage30.75RESOLVED and ORDERED by the Court that the 30.75-acre tract of land described in the attached Exhibit is hereby designated as the FREEZPAK LOGISTICS REINVESTMENT ZONE #139
Performance deadlineDecember 30, 2024BGFP or an BGFP Affiliate covenant to substantially complete, or cause to be substantially completed, construction of the Cold Storage Facility on or before December 30, 20245
ExpirationJanuary 1, 2035The tax abatement shall begin on January 1, 2025 and shall continue for ten years.4
Effective dateDecember 14, 2023entered into this 14th day of December , 20231
SignatoryDAVE SAOUDDAVE SAOUD13
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 0010662 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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