Agreement 0011597, filed with the Texas Comptroller by City of Plano, Texas.
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.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | City of Plano, TexasThis Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Plano, Texas (“City”), and Dematic Corp., a Delaware corporation (“Company”), | 1 |
| Contracting entity | Dematic Corp.This Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Plano, Texas (“City”), and Dematic Corp., a Delaware corporation (“Company”), | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Incentive AgreementREVISED AND RESTATED ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government CodeGov’ T CODE §380.001 ef seq. | — |
| Capital investment | $750,000plans to add Seven Hundred Fifty Thousand Dollars ($750,000) of Business Personal Property (“BPP”) on the Real Property | 1 |
| Grant or incentive | $123,480The City agrees to provide the Company a cash grant of up to One Hundred Twenty-Three Thousand Four Hundred Eighty Dollars ($123,480) | 3 |
| Jobs committed | 196transfer, create and maintain up to 196 Full-Time Job Equivalent(s) | 1 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 11,860Company agrees to lease and occupy at least 11,860 gross square feet of office space | 1 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | December 31, 2023By December 31, 2023, and subject to maintaining the required number of Full-Time Job Equivalent(s) | 3 |
| Expiration | December 31, 2028The term of this Agreement shall begin on the Commencement Date and continue for seven (7) years thereafter, unless sooner terminated as provided herein. | 2 |
| Effective date | April 7, 2025Date: April 7. 2025 | 10 |
| Signatory | Nigel AndersonName: Nigel Anderson | 10 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0011597 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.
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.