The Abatement RegisterVictoriaAgreement 0011811
Texas Chapter 380 / 381 agreement · Victoria

HALLIBURTON ENERGY SERVICES, INC

Agreement 0011811, filed with the Texas Comptroller by CITY OF VICTORIA, TEXAS.

$500,000grant or incentive
40permanent jobs committed
January 31performance deadline
The obligation

What the contract requires.

“The COMPANY shall submit the notarized Certificate of Compliance via mail or electronic transmission to the CITY before January 31‘ of each year”Executed agreement, p. 3
“shall maintain no less than forty (40) Local Employees each year for the term of this Agreement.”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“CITY may not pursue a refund for any Grant Payments that were received in prior years during the term of the Agreement.”Executed agreement, p. 4

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 · Sales and Use tax Revenues

What was abated, and for how long.

—January 1, 2025 to December 31, 2029

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 VICTORIA, TEXAS"CITY OF VICTORIA, TEXAS ("CITY"), a municipal corporation of the State of Texas"1
Contracting entityHALLIBURTON ENERGY SERVICES, INC"HALLIBURTON ENERGY SERVICES, INC, ("COMPANY"), a corporation authorized to do business in the State of Texas."1
Parent / guarantorHalliburton Company"Associated Companies" is any company owned or operated by Halliburton Company.1
InstrumentrebateCITY will provide an economic development rebate to the COMPANY as follows:3
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> Docusign Envelope ID: 2B8EC69B-2679-493A-A9D0-F CD4DEOCB2D9 CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT This CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT ("Agreement") is made and entered into between the CITY OF VICTORIA, TEXAS ("CITY"), a municipal corporation of the State of Texas, and HALLIBURTON ENERGY SERVICES, INC, ("COMPANY"), a corporation authorized to do business in the State —
Capital investmentNot stated in the agreement—
Grant or incentive$500,000which is capped at a maximum of $500,000 per year on an annual basis during the term of this Agreement.3
Jobs committed40shall maintain no less than forty (40) Local Employees each year for the term of this Agreement.3
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage21.824"Tract" means the 21.824 acre of land located at 101 Holt Road in the City of Victoria, Texas.1
Performance deadlineJanuary 31The COMPANY shall submit the notarized Certificate of Compliance via mail or electronic transmission to the CITY before January 31‘ of each year3
ExpirationDecember 31, 2029end on December 31* 2029, unless terminated otherwise.3
Effective date3/19/2025Date: 3/19/20256
SignatoryLorsre LiPstName: Lorsre LiPst)6
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 0011811 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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