Agreement 0012212, filed with the Texas Comptroller by CITY OF LAREDO.
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 LAREDOCITY OF LAREDO, a municipal corporation of the State of Texas (the “City”) | 6 |
| Contracting entity | KILLAM DEVELOPMENT, LTD.KILLAM DEVELOPMENT, LTD., a limited partnership registered to transact business in the State of Texas | 6 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 380 AgreementA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAREDO, TEXAS APPROVING A CHAPTER 380 AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government Code2025-R-149 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAREDO, TEXAS APPROVING A CHAPTER 380 AGREEMENT BETWEEN THE CITY OF LAREDO AND KILLAM DEVELOPMENT LTD, PURSUANT TO AN ECONOMIC DEVELOPMENT INCENTIVE UNDER CHAPTER 380 OF THE TEXAS LOCAL GOVERNMENT CODE AND AUTHORIZING THE CITY MANAGER TO EXECUTE ALL RELEVANT DOCUMENTS, AND ANY OTHER MATTERS INCIDENT THERETO; | — |
| Capital investment | $20,780,000$20,780,000 (Twenty Million Seven Hundred Eighty Thousand Dollars) for acquisition of the Facilities | 8 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 50 recital language, not a covenantRELOCATE AT LEAST FIFTY (50) FULL-TIME PERMANENT JOBS | 1 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 303,325consisting of approximately 303,325 square feet | 8 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | January 1, 2028the Company shall make a cumulative investment of not less than $4,000,000 in the Improvements described in Article III of this Agreement by no later than January 1, 2028 | 8 |
| Expiration | Not stated in the agreement | — |
| Effective date | June 2025PASSED BY THE CITY COUNCIL AND APPROVED BY THE MAYOR ON THIS DAYOF JUNC. 2025. | 2 |
| Signatory | Rolando OrtizRolando Ortiz Chief Operating Officer | 18 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0012212 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.