The Abatement RegisterHarrisAgreement 0012661
Texas Chapter 380 / 381 agreement · Harris

I-10 Group Property Holding LLC

Agreement 0012661, filed with the Texas Comptroller by City of Baytown, Texas.

$3,500,000.00committed capital investment
$105,000.00grant or incentive
25permanent jobs committed
June 1, 2026performance deadline
The obligation

What the contract requires.

“in no event shall be later than June 1, 2026”Executed agreement, p. 2
“create and retain 25 additional full-time equivalent (FTE) employment positions”Executed agreement, p. 2
“add a minimum taxable value of $3,500,000.00 in improvements”Executed agreement, p. 2
The remedy

What the contract says happens.

“such failure or omission to perform shall constitute an “Event of Default” under this Agreement”Executed agreement, p. 4

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 · three percent of the amount of the increased Added Taxable Value annually

What was abated, and for how long.

—five total payments

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 Baytown, TexasCity of Baytown, Texas (the “City’”)1
Contracting entityI-10 Group Property Holding LLCI-10 Group Property Holding LLC (the “Company”)1
Parent / guarantorNot stated in the agreement—
InstrumentReimbursementthe ‘“Reimbursement’’3
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF BAYTOWN, TEXAS AND I-10 GROUP PROPERTY HOLDING LLC This Chapter 380 Economic Development Agreement (“Agreement”) is made and entered into as of Mosc VY], 2025 (the “Effective Date”) by and I-10 Group Property Holding LLC (the “Company”), and the City of Baytown, Texas (the “City’”).—
Capital investment$3,500,000.00add a minimum taxable value of $3,500,000.00 in improvements2
Grant or incentive$105,000.00in no event shall the total amount of the Reimbursement paid by City under this Agreement exceed $105,000.003
Jobs committed25create and retain 25 additional full-time equivalent (FTE) employment positions2
Wage requirementNot stated in the agreement—
Square footage10,000 square footconstruct a 10,000 square foot Facility1
AcreageNot stated in the agreement—
Performance deadlineJune 1, 2026in no event shall be later than June 1, 20262
Expirationfive (5) yearsThe term of this Agreement will begin on the Effective Date and continue for five (5) years4
Effective dateMosc VY], 2025as of Mosc VY], 2025 (the “Effective Date”)1
SignatoryFrancisco AlvarezFrancisco Alvarez8
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 0012661 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.

[email protected]