The Abatement RegisterHopkinsAgreement 0013233
Texas Chapter 380 / 381 agreement · Hopkins

D6 INC.

Agreement 0013233, filed with the Texas Comptroller by HOPKINS COUNTY, TEXAS.

$2,714,316committed capital investment
31permanent jobs committed
10–100%of County Ad Valorem Taxes abated
December 31, 2022performance deadline
The obligation

What the contract requires.

“Developer covenants and agrees to complete construction of the Project by December 31, 2022.”Executed agreement, p. 3
“Developer agrees to create thirty-one (31) new Full-Time Positions”Executed agreement, p. 1
“capital investment of not less than Two Million, Seven Hundred Fourteen Thousand, Three Hundred Sixteen dollars ($2,714,316)”Executed agreement, p. 1
The remedy

What the contract says happens.

“the aggregate total of all financial assistance provided by the County to Developer pursuant to Section 5 of this Agreement, shall become immediately due and payable by Developer to the County.”Executed agreement, p. 6

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 · County Ad Valorem Taxes · p. 5

What was abated, and for how long.

100%2022
90%2023
80%2024
70%2025
60%2026
50%2027
40%2028
30%2029
20%2030
10%2031

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 bodyHOPKINS COUNTY, TEXASHOPKINS COUNTY, TEXAS, a Texas political subdivision (hereinafter referred to as "County")1
Contracting entityD6 INC.D6 INC. (hereinafter referred to as the "Developer")1
Parent / guarantorNot stated in the agreement—
InstrumentProgram GrantProgram Grant or Program Grant Payment. The words "Program Grant" or "Program Grant Payment" mean the economic development grants paid by the County to Developer3
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> EXHIBIT 5 HOPKINSCOUNTY CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT This CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT (hereinafter referred to as the "Agreement") is made and entered into by and between HOPKINS COUNTY, TEXAS, a Texas political subdivision (hereinafter referred to as "County"), and D6 INC.—
Capital investment$2,714,316capital investment of not less than Two Million, Seven Hundred Fourteen Thousand, Three Hundred Sixteen dollars ($2,714,316)1
Grant or incentiveNot stated in the agreement—
Jobs committedthirty-one (31)Developer agrees to create thirty-one (31) new Full-Time Positions1
Wage requirementNot stated in the agreement—
Square footage66,000 sq. ft.construct a 66,000 sq. ft. addition to building located at 201 Commercial Services Dr.1
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2022Developer covenants and agrees to complete construction of the Project by December 31, 2022.3
ExpirationDecember 31, 2032shall continue thereafter until December 31, 2032, unless terminated sooner under the provisions hereof.2
Effective date3-Al-22Date Signed: 3-Al- 2210
SignatoryEDWARD DOMINIONby EDWARD DOMINION, of D6 Inc., on behalf of said company.10
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 0013233 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]