The Abatement RegisterComalAgreement 0012641
Texas Chapter 380 / 381 agreement · Comal

LEFKO USA, INC.

Agreement 0012641, filed with the Texas Comptroller by COMAL COUNTY, TEXAS.

$15,000,000.00committed capital investment
54%of Business Personal Property Tax Revenue abated
March 31, 2026performance deadline
The obligation

What the contract requires.

“goal of securing a certificate of occupancy no later than March 31, 2026”Executed agreement, p. 4
“Company intends to create a minimum of 150 full-time skilled and semi-skilled jobs”Executed agreement, p. 1
“in no event will the cumulative investment by the Company be less than $15,000,000.00 over the course of the Term.”Executed agreement, p. 5
The repayment remedy

What happens if it is not met.

“If this Agreement is terminated by the County pursuant to any of the conditions contained herein, the Company agrees to repay, one hundred percent (100%) of the last Chapter 381 Payment rebated to Company for the rebate year in which the default occurred.”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 · Business Personal Property Tax Revenue · p. 2

What was abated, and for how long.

54%8 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 bodyCOMAL COUNTY, TEXASCOMAL COUNTY, TEXAS, a political subdivision of the State of Texas (the “County”)1
Contracting entityLEFKO USA, INC.LEFKO USA, INC., a Delaware corporation, its successors and assigns (the “Company”)1
Parent / guarantorLefko Plastic Products Inc.Company is the United States-based manufacturing operation of Lefko Plastic Products Inc.1
InstrumentChapter 381 Economic Development AgreementThis Chapter 381 Economic Development Agreement (this “Agreement”)1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN COMAL COUNTY, TEXAS AND LEFKO USA, INC.—
Capital investment$15,000,000.00in no event will the cumulative investment by the Company be less than $15,000,000.00 over the course of the Term.5
Grant or incentiveNot stated in the agreement—
Jobs committed150 recital language, not a covenantCompany intends to create a minimum of 150 full-time skilled and semi-skilled jobs1
Wage requirement115% the average wage in Comal Countythe average annual wage paid by the Company to employees is at least 115% the average wage in Comal County1
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineMarch 31, 2026goal of securing a certificate of occupancy no later than March 31, 20264
ExpirationJanuary 1, 2035Term. This Agreement shall become enforceable beginning January 1, 2027 as described herein and shall terminate on the first to occur of (a) the Term of Eight Years4
Effective dateSep 25, 2025Date: SCPr 2S 202515
SignatoryEric BlondeauName: Eric Blondeau, President & General Manager15
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 0012641 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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