The Abatement RegisterHowardAgreement 0011308
Texas Chapter 380 / 381 agreement · Howard

CRUSOE ENERGY SYSTEMS LLC

Agreement 0011308, filed with the Texas Comptroller by HOWARD COUNTY, TEXAS.

$100,000,000.00committed capital investment
10permanent jobs committed
70–100%of Property Tax abated
December 31, 2025performance deadline
The obligation

What the contract requires.

“Owner covenants and agrees to achieve COD by no later than December 31, 2025”Executed agreement, p. 5
“The Owner commits to creating ten (10) Full-Time Equivalent Employment Positions”Executed agreement, p. 6
“minimum Project Investment of One Hundred Million and No/100 Dollars ($100,000,000.00)”Executed agreement, p. 5
The repayment remedy

What happens if it is not met.

“IN THE EVENT OF A BREACH OF THIS SECTION 5(C) OF THIS AGREEMENT, THE SOLE REMEDY OF THE COUNTY, AND OWNER’S SOLE LIABILITY, WILL BE FOR OWNER TO REPAY TO THE COUNTY THE FULL AMOUNT OF ANY TAX REIMBURSEMENTS RECEIVED UNDER THIS AGREEMENT ON THE REMOVED IMPROVEMENTS”Executed agreement, p. 8

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 · Property Tax · p. 6

What was abated, and for how long.

100%Year 1
70%Year 2
70%Years 3, 4 or 5

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 bodyHOWARD COUNTY, TEXASHOWARD COUNTY, TEXAS, a Texas political subdivision (hereinafter referred to as “County”)1
Contracting entityCRUSOE ENERGY SYSTEMS LLCCRUSOE ENERGY SYSTEMS LLC, a Colorado limited liability company (hereinafter referred to as the “Owner”)1
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development Incentive AgreementCHAPTER 381 ECONOMIC INCENTIVE AGREEMENT1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> DocuSign Envelope ID: C21447F9-BOA1 -4C96-83FC-B71EE100B013 CHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT This CHAPTER 381 ECONOMIC INCENTIVE AGREEMENT (hereinafter referred to as the “Agreement”) is made and entered into by and between HOWARD COUNTY, TEXAS, a Texas political subdivision (hereinafter referred to as “County”), and CRUSOE ENERGY SYSTEMS LLC, a Colorado limited li—
Capital investment$100,000,000.00minimum Project Investment of One Hundred Million and No/100 Dollars ($100,000,000.00)5
Grant or incentiveNot stated in the agreement—
Jobs committedten (10) Full-Time Equivalent Employment PositionsThe Owner commits to creating ten (10) Full-Time Equivalent Employment Positions6
Wage requirement$500,000.00with an annual payroll of Five-Hundred Thousand and No/100 Dollars ($500,000.00)6
Square footageNot stated in the agreement—
Acreage39.88-acreapproximately 39.88-acre tract of land4
Performance deadlineDecember 31, 2025Owner covenants and agrees to achieve COD by no later than December 31, 20255
ExpirationNot stated in the agreement—
Effective dateAugust 27, 2023By: Jamey Suly Date: August 27, 202315
SignatoryJamey SeelyBy: Jamey Suly Date: August 27, 2023 TESFUTUALOSAST7 Jamey Seely General Counsel15
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 0011308 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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