The Abatement RegisterChambersAgreement 0010687
Texas Chapter 380 / 381 agreement · Chambers

Targa Downstream, LLC

Agreement 0010687, filed with the Texas Comptroller by Chambers County, Texas.

$295,000,000committed capital investment
100%of County Property Tax abated
December 30, 2025performance deadline
The obligation

What the contract requires.

“TARGA or a TARGA Affiliate covenant to substantially complete, or cause to be substantially completed, construction of Fractionation Facility 10 on or before December 30, 2025”Executed agreement, p. 6
“at least twelve (12) Permanent Employee positions will be created at Fractionation Facility 10”Executed agreement, p. 7
“The estimated investment for this project is $295,000,000.”Executed agreement, p. 36
The repayment remedy

What happens if it is not met.

“TARGA shall repay all taxes previously abated by virtue of this Agreement with interest at the rate of four percent (4%) 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 · County Property Tax · p. 5

What was abated, and for how long.

100%2026
100%2027
100%2028
100%2029
100%2030
100%2031
100%2032
100%2033
100%2034
100%2035

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 entityTarga Downstream, LLCTarga Downstream, LLC, ("TARGA")1
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development Program AgreementECONOMIC DEVELOPMENT PROGRAM AGREEMENT1
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$295,000,000The estimated investment for this project is $295,000,000.36
Grant or incentiveNot stated in the agreement—
Jobs committed12 recital language, not a covenantat least twelve (12) Permanent Employee positions will be created at Fractionation Facility 107
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage32.5+/- acresThree tracts of land comprising 32.5+/- acres of land located at 9615 Warren Road, Mont Belvieu, Texas 7758046
Performance deadlineDecember 30, 2025TARGA or a TARGA Affiliate covenant to substantially complete, or cause to be substantially completed, construction of Fractionation Facility 10 on or before December 30, 20256
ExpirationDecember 31, 2035shall continue for ten years5
Effective dateJanuary 1, 2026The tax abatement shall begin on January 1, 20265
SignatoryNot stated in the agreement—
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Project components · p. 41

NGL Fractionation, Pre-treatment Systems, De-Ethanizer Unit, De-Propanizer Unit, De-Butanizer Unit, Associated Towers, Additional Storage Facilities for Y-grade liquids and other components

Parcels · p. 46
110795 · 15132 · 16887
How to check this page

Every line above is in the contract.

Agreement 0010687 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]