The Abatement RegisterBig SpringAgreement 0012431
Texas Chapter 380 / 381 agreement · Big Spring

CROSS-ELL RANCH CORPORATION

Agreement 0012431, filed with the Texas Comptroller by CITY OF BIG SPRING, TEXAS.

100%of Undeveloped portions of the Property abated
three (3) years of the date of this Agreementperformance deadline
The obligation

What the contract requires.

“failure to deliver utilities to the Property, within three (3) years of the date of this Agreement”Executed agreement, p. 8
The repayment remedy

What happens if it is not met.

“Developer shall repay the amount of any public subsidy provided under this Agreement to Developer plus six percent (6.0%)”Executed agreement, p. 12

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 · Undeveloped portions of the Property · p. 3

What was abated, and for how long.

100%ten (10) consecutive 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 bodyCITY OF BIG SPRING, TEXASCITY OF BIG SPRING, TEXAS1
Contracting entityCROSS-ELL RANCH CORPORATIONCROSS-ELL RANCH CORPORATION1
Parent / guarantorNot stated in the agreement—
Instrument380 ECONOMIC DEVELOPMENT AND PERFORMANCE AGREEMENTThis 380 ECONOMIC DEVELOPMENT AND PERFORMANCE AGREEMENT1
Governing chapterChapter 380, Local Government CodeLocal Gov’t Code § 380.001;—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage443.607 acresapproximately 443.607 acres located in Howard County, Texas1
Performance deadlinethree (3) years of the date of this Agreementfailure to deliver utilities to the Property, within three (3) years of the date of this Agreement8
ExpirationTwenty-Five (25) years after the Effective Datebut in any event no longer than Twenty-Five (25) years after the Effective Date3
Effective datethe date the Property is annexed to the City of Big SpringEffective Date shall mean the date in which the Agreement is effective, which is the date the Property is annexed to the City of Big Spring.4
SignatoryAnxzrel PP Le2 IperName: <Anxzrel PP Le2 Iper15
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 1
297545
How to check this page

Every line above is in the contract.

Agreement 0012431 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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