Agreement 0012832, filed with the Texas Comptroller by Comal County, Texas.
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 | Comal County, Texasbetween Comal County, Texas, a political subdivision of the State of Texas (the “County”) | 1 |
| Contracting entity | Continental Autonomous Mobility US, LLCContinental Autonomous Mobility US, LLC (“Company”) | 1 |
| Parent / guarantor | Continental Automotive Systems, Inc.WHEREAS, the County and Continental Automotive Systems, Inc. (“CAS”) previously entered into a Chapter 381 Economic Development Agreement | 1 |
| Instrument | Chapter 381 Economic Development AgreementThis Chapter 381 Economic Development Agreement (this “Agreement”) | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN COMAL COUNTY, TEXAS AND CONTINENTAL AUTONOMOUS MOBILITY US, LLC This Chapter 381 Economic Development Agreement (this “Agreement”) is entered into between Comal County, Texas, a political subdivision of the State of Texas (the “County”) and Continental Autonomous Mobility US, LLC (“Company”), collectively referred to as the “Parties.” | — |
| Capital investment | $110,000,000.00Company desires to invest approximately $110,000,000.00 cumulatively in (i) an expansion of its manufacturing and research facility | 1 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 676 recital language, not a covenantanticipated additional job and wage creation throughout the term of this Agreement up to 676 fulltime employees | 1 |
| Wage requirement | $42,156,036an annual payroll of $42,156,036 | 1 |
| Square footage | 65,000by adding approximately 65,000 square feet onto the existing structure | 1 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | January 1, 2030Company must complete the new expansion to the Facility by January 1, 2030. | 3 |
| Expiration | Not stated in the agreement | — |
| Effective date | OCT 23 2023Date: OCT 23 2023 | 12 |
| Signatory | Ibro MuharemovicIf to Company: Ibro Muharemovic | 9 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0012832 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.