The Abatement RegisterComalAgreement 0010900
Texas Chapter 380 / 381 agreement · Comal

COSTCO WHOLESALE CORPORATION

Agreement 0010900, filed with the Texas Comptroller by COMAL COUNTY, TEXAS.

$25,000,000committed capital investment
$750,000.00grant or incentive
The obligation

Terms the contract defines.

“Conditions Satisfaction Deadline" shall mean December 31, 2028.”Executed agreement, p. 2
“capital investment of not less than Twenty-five Million Dollars ($25,000,000)”Executed agreement, p. 4

The dated sentence above defines a term used elsewhere in the contract. It is recorded here as a definition, not as a performance obligation.

The repayment remedy

What happens if it is not met.

“Incentive Recapture. Ifthe County terminates this Agreement as a result of the Company's default as set forth herein, the rebate will be immediately abolished, and sales tax will be due for the entire year in which termination occurred, and no rebate shall accrue for all tax years thereafter.”Executed agreement, p. 10

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 · Sales Tax Revenue · p. 3

What was abated, and for how long.

50monthly

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 bodyCOMAL COUNTY, TEXASCOMAL COUNTY, TEXAS, a political subdivision of the State of Texas (the "County")1
Contracting entityCOSTCO WHOLESALE CORPORATIONCOSTCO WHOLESALE CORPORATION, a Washington corporation, its successors and assigns (the "Company")1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 Economic Development AgreementThis Chapter 381 Economic Development Agreement (this "Agreement")1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN COMAL COUNTY, TEXAS AND COSTCO WHOLESALE CORPORATION This Chapter 381 Economic Development Agreement (this "Agreement") is entered into between COSTCO WHOLESALE CORPORATION, a Washington corporation, its successors and assigns (the "Company"), and COMAL COUNTY, TEXAS, a political subdivision of the State of Texas (the "County"), other—
Capital investment$25,000,000capital investment of not less than Twenty-five Million Dollars ($25,000,000)4
Grant or incentive$750,000.00Maximum Reimbursement Amount" means Seven Hundred and Fifty Thousand Dollars ($750,000.00).3
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage150,000Costco Facility, containing at least one hundred fifty thousand (150,000) square feet of Floor Area4
Acreage19.9983approximately 19.9983 acres of land located at the northeastern corer of Kohlenberg Road and Interstate Highway 351
Performance deadlineDecember 31, 2028 defined term, not a covenantConditions Satisfaction Deadline" shall mean December 31, 2028.2
ExpirationNot stated in the agreement—
Effective datePRU, 2025EXECUTED to be effective as of the ath, of PRU, 2025.15
SignatoryDAV pagName: DAV pag15
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 0010900 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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