The Abatement RegisterMcLennanAgreement 0010883
Texas Chapter 380 / 381 agreement · McLennan

Envases Commerce, LLC

Agreement 0010883, filed with the Texas Comptroller by Waco McLennan County Economic Development Corporation.

$65,000,000.00committed capital investment
90%of Personal Property Investment abated
December 31, 2024performance deadline
The obligation

What the contract requires.

“The Facility shall be operational as an aluminum beverage packaging manufacturing plant on or before December 31, 2024.”Executed agreement, p. 1
“no less than sixty-five million dollars ($65,000,000.00) in personal property improvements including machinery and equipment”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“Companies shall reimburse WMCEDC proportionally based on the percentage of non-compliance on an annual basis.”Executed agreement, p. 2

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 · Personal Property Investment · p. 2

What was abated, and for how long.

90%December 31, 2023

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 bodyWaco McLennan County Economic Development CorporationWaco McLennan County Economic Development Corporation, a Texas non-profit corporation ("WMCEDC")1
Contracting entityEnvases Commerce, LLCEnvases Commerce, LLC, a Delaware limited liability company ("Envases")1
Parent / guarantorIZ Texas, LLCIZ Texas, LLC, a Texas limited liability company ("IZ")1
InstrumentProgram Project AgreementFIRST AMENDMENT TO PROGRAM PROJECT AGREEMENT1
Governing chapterNot stated in the agreement—
Capital investment$65,000,000.00no less than sixty-five million dollars ($65,000,000.00) in personal property improvements including machinery and equipment1
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage450,000 square feetcertificate of occupancy for an aluminum beverage packaging manufacturing use at the Facility which shall be at a minimum 450,000 square feet1
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2024The Facility shall be operational as an aluminum beverage packaging manufacturing plant on or before December 31, 2024.1
ExpirationDecember 31, 2027This Agreement shall be effective from the Effective Date until December 31, 2027.2
Effective datePkumbor 12 _, 2024this “First Amendment”) is made effective for all purposes as of Pkumbor 12 _, 20241
SignatoryNot stated in the agreement—
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 0010883 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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