The Abatement RegisterEl PasoAgreement 0011733
Texas Chapter 380 / 381 agreement · El Paso

Schneider Electric USA, Inc.

Agreement 0011733, filed with the Texas Comptroller by El Paso County, TEXAS.

$50,300,000.00committed capital investment
$822,893.12grant or incentive
500permanent jobs committed
75%of Incremental Ad Valorem Property Tax Revenue abated
December 31, 2027performance deadline
The obligation

What the contract requires.

“Failure of the Company to obtain a permanent Certificate of Occupancy for the Development by December 31, 2027 shall result in the immediate termination of this Agreement”Executed agreement, p. 6
“The Company agrees to create FIVE HUNDRED (500) new Full-Time Employment positions over the course of this Agreement.”Executed agreement, p. 8
“Minimum Investment of not less than the Fifty Million Three Hundred Thousand Dollars and Zero Cents ($50,300,000.00).”Executed agreement, p. 8
The repayment remedy

What happens if it is not met.

“The County may recapture from Company any amount equal to the amount actually paid to Company as a Grant Payment and/or Property Tax Rebate made by the County (“Recapture Amount”).”Executed agreement, p. 15

The remedy here is discretionary — the clause says it may be applied, not that it must be.

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 · Incremental Ad Valorem Property Tax Revenue · p. 6

What was abated, and for how long.

75%10 years

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 bodyEl Paso County, TEXASentered into by and between E] Paso County, TEXAS (“County”), a political subdivision of the State of Texas1
Contracting entitySchneider Electric USA, Inc.Schneider Electric USA, Inc., (“Company” and “Applicant”), a ’ Delaware corporation authorized to do business in Texas1
Parent / guarantorPlexxar 1625, LLCjoined proforma by Plexxar 1625, LLC, a Texas limited liability company, a real estate developer (“Plexxar”).1
InstrumentChapter 381 Economic Development Program AgreementThis Chapter 381 Economic Development Program Agreement (“Agreement”)1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> STATE OF TEXAS ) ) CHAPTER 381 ECONOMIC DEVELOPMENT COUNTY OF EL PASO ) PROGRAM AGREEMENT This Chapter 381 Economic Development Program Agreement (“Agreement”) is made and entered into by and between E] Paso County, TEXAS (“County”), a political subdivision of the State of Texas and Schneider Electric USA, Inc., (“Company” and “Applicant”), a ’ Delaware corporation authorized to do bu—
Capital investment$50,300,000.00Minimum Investment of not less than the Fifty Million Three Hundred Thousand Dollars and Zero Cents ($50,300,000.00).8
Grant or incentive$822,893.12Company is eligible to receive up to Eight Hundred Twenty-Two Thousand Eight Hundred Ninety-Three Dollars and Twelve Cents ($822,893.12).5
Jobs committed500The Company agrees to create FIVE HUNDRED (500) new Full-Time Employment positions over the course of this Agreement.8
Wage requirement$17.31 per hourthe Median County Wage for 2025 is $17.31 per hour5
Square footage273,442approximately 273,442 square feet of industrial facility.23
Acreage15.9810 Acrescontaining approximately (15.9810 Acres)24
Performance deadlineDecember 31, 2027Failure of the Company to obtain a permanent Certificate of Occupancy for the Development by December 31, 2027 shall result in the immediate termination of this Agreement6
ExpirationApril 23, 2038thirteen years (13) from the Effective Date7
Effective dateApril 23, 2025Date: 4 ( 23 \202522
SignatoryJeff MorrisPrinted Name: Jeff Morris22
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 24
268792
How to check this page

Every line above is in the contract.

Agreement 0011733 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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