The Abatement RegisterEl PasoAgreement 0011749
Texas Chapter 380 / 381 agreement · El Paso

Schneider Electric USA, Inc.

Agreement 0011749, filed with the Texas Comptroller by City of El Paso.

$50,333,000committed capital investment
$2,145,287grant or incentive
500permanent jobs committed
10–100%of Grant Payments abated
December 31, 2027performance deadline
The obligation

What the contract requires.

“Failure of the Applicant 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
“Applicant agrees that it shall create, staff, and maintain at least 500 Full-Time Employment positions as described in Exhibit B by December 31, 2028, and shall maintain the Full-Time Employment positions for the Development through the entire Grant Period of the Agreement.”Executed agreement, p. 7
“Minimum Investment. The term Minimum Investment means costs totaling at least $50,333,000 that the Applicant incurs directly, contracts out to third parties, self-performs, or causes its Landlord to incur as Qualified Expenditures for the Development.”Executed agreement, p. 4
The repayment remedy

What happens if it is not met.

“Should the Applicant default under Section 5 of this Agreement and provided that the applicable cure period for such Applicant Event of Default has expired, the City shall have the right to recapture Grant payments previously paid by the City pursuant to this Agreement”Executed agreement, p. 9

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 · Grant Payments · p. 9

What was abated, and for how long.

100%Year 1
70%Year 2
60%Year 3
50%Year 4
40%Year 5
30%Year 6
20%Year 7
10%Year 8

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 bodyCity of El PasoThat the City Manager be authorized to execute a Chapter 380 Economic Development Program Agreement (“Agreement”) by and between the City of El Paso, a home-rule municipality (the “City”) and Schneider Electric USA, Inc.1
Contracting entitySchneider Electric USA, Inc.Schneider Electric USA, Inc., a Delaware Corporation (the “Applicant”), for the expansion of its operations within the city limits of the City of El Paso.1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 380 Economic Development Program Agreementfh Chap 80 Economic Development Program Agreement (“Agreement”) is made this day of Yh y] , 2025 between the CITY OF EL PASO, TEXAS a Texas home-rule municipal corporation, (the “City”) and Schneider Electric USA, Inc.2
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EL PASO: That the City Manager be authorized to execute a Chapter 380 Economic Development Program Agreement (“Agreement”) by and between the City of El Paso, a home-rule municipality (the “City”) and Schneider Electric USA, Inc., a Delaware Corporation (the “Applicant”), for the expansion of its operations within the city l—
Capital investment$50,333,000Minimum Investment. The term Minimum Investment means costs totaling at least $50,333,000 that the Applicant incurs directly, contracts out to third parties, self-performs, or causes its Landlord to incur as Qualified Expenditures for the Development.4
Grant or incentive$2,145,287Grant. The term Grant means each annual payment to the Applicant under the terms of this Agreement computed as the sum of the applicable rebates: (1) Construction Materials Sales Tax Rebate; (11) Development and Building Fee Rebate; and (111) Property Tax Rebate. For purposes of this Agreement, the aggregate Grant payments will not exceed $2,145,287.4
Jobs committed500Applicant agrees that it shall create, staff, and maintain at least 500 Full-Time Employment positions as described in Exhibit B by December 31, 2028, and shall maintain the Full-Time Employment positions for the Development through the entire Grant Period of the Agreement.7
Wage requirementNot stated in the agreement—
Square footage300,000The incremental real property component of the Development is proposed as a proximately located standalone state-of-the-art 300,000-square foot build-to-suit facility to be developed by the Applicant’s Landlord and operated under lease at 1625 N. Resler Dr. El Paso, TX 79912.16
Acreage15.9810Legal Description: 6 NORTHWESTERN CORPORATE CTR #5 LOT 1 (EXC WLY PT) (15.9810 AC)17
Performance deadlineDecember 31, 2027Failure of the Applicant to obtain a permanent Certificate of Occupancy for the Development by December 31, 2027 shall result in the immediate termination of this Agreement6
ExpirationNot stated in the agreement—
Effective date2025fh Chap 80 Economic Development Program Agreement (“Agreement”) is made this day of Yh y] , 2025 between the CITY OF EL PASO, TEXAS a Texas home-rule municipal corporation, (the “City”) and Schneider Electric USA, Inc.2
SignatoryJeff MorrisBy: GUY. — Name: Je k Title: Senior Director State Government Relations15
Chain statusSuperseded by agreement 0011891—
Parcels · p. 17
268792
How to check this page

Every line above is in the contract.

Agreement 0011749 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.

[email protected]