The Abatement RegisterWaxahachieAgreement 0012649
Texas Chapter 380 / 381 agreement · Waxahachie

Holt Texas, Ltd.

Agreement 0012649, filed with the Texas Comptroller by City of Waxahachie, Texas.

$9,600,000.00committed capital investment
25permanent jobs committed
50%of Sales Tax Receipts abated
October 1, 2026performance deadline
The obligation

What the contract requires.

“Company shall, subject to events of Force Majeure, cause Completion of Construction of the Improvements to occur on or before October 1, 2026.”Executed agreement, p. 9
“Company is required to create, within the first year following the Effective Date, and thereafter maintain a workforce of a minimum of twenty-five (25) full time employees”Executed agreement, p. 10
“Company intends to invest approximately Nine Million, Six Hundred Thousand Dollars ($9,600,000.00) in land, infrastructure, real property improvements, and business personal property at the Premises”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“Company shall immediately repay to City an amount equal to the Sales Tax Reimbursements previously paid by City to Company as of the date of termination, plus interest.”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 · Sales Tax Receipts · p. 5

What was abated, and for how long.

50%Period 1
50%Period 2
50%Periods 3-5

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 Waxahachie, TexasThis Economic Development Agreement ("Agreement") is made by and between City of Waxahachie, Texas ("City"), and Holt Texas, Ltd.1
Contracting entityHolt Texas, Ltd.This Economic Development Agreement ("Agreement") is made by and between City of Waxahachie, Texas ("City"), and Holt Texas, Ltd., a Texas limited partnership ("Company")1
Parent / guarantorCaterpillarWHEREAS, Company is an authorized CaterpillarĀ® heavy equipment and engine dealer1
InstrumentEconomic Development Incentive AgreementThis Economic Development Agreement ("Agreement") is made by and between City of Waxahachie, Texas ("City"), and Holt Texas, Ltd.1
Governing chapterChapter 380, Local Government Codeand WHEREAS, the City Council has reviewed the application and the proposed Agreement and determined that the Agreement meets the requirements of Article III, Section 52-a of the Texas Constitution, of Texas Local Government Code Chapter 380 and of City of Waxahachie Resolution No, 1155;—
Capital investment$9,600,000.00Company intends to invest approximately Nine Million, Six Hundred Thousand Dollars ($9,600,000.00) in land, infrastructure, real property improvements, and business personal property at the Premises1
Grant or incentiveNot stated in the agreement—
Jobs committed25Company is required to create, within the first year following the Effective Date, and thereafter maintain a workforce of a minimum of twenty-five (25) full time employees10
Wage requirementNot stated in the agreement—
Square footage8,700intends to construct a minimum of 8,700 square feet of commercial development on the Land1
Acreage22.5Company owns or is under contract to purchase approximately 22.5 acres of land located at 550 Austin Rd., Waxahachie, Texas1
Performance deadlineOctober 1, 2026Company shall, subject to events of Force Majeure, cause Completion of Construction of the Improvements to occur on or before October 1, 2026.9
ExpirationOne year after the fifth anniversary date of the Commencement Date"Expiration Date" shall mean one year after the fifth (S"") anniversary date of the Commencement Date.3
Effective dateOctober 13, 2025This instrument was acknowledged before me on the [ 3 day of Oc? , 202517
SignatoryMicetker Pub YHby Micetker Pub YH, SECKETKY/ of Holt, Texas, Ltd.17
Chain statusSuperseded by agreement 0014729—
Parcels · p. 18
R28485 · R1026 · R21748
How to check this page

Every line above is in the contract.

Agreement 0012649 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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