BRAZOS RIVER VENTURES, LLC

Agreement 0013412, filed with the Texas Comptroller by WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION.

$140,000,000committed capital investment

$2,500,000grant or incentive

149permanent jobs committed

December 31, 2026performance deadline

The obligation

What the contract requires.

“Grantees will Substantially Complete construction of the Facility on or before December 31, 2026 (the “Substantial Completion Date”).”Executed agreement, p. 3

“Grantees will create and fill at least 149 new Eligible Jobs at the Facility.”Executed agreement, p. 4

“at least $140,000,000 in business personal property improvements”Executed agreement, p. 3

The repayment remedy

What happens if it is not met.

“If this Agreement is terminated as a result of default, whether a general default under this Section 5.06, or a default under Sections 5.01 through 5.05, or if Grantees are required to repay any funds received under this Agreement (even if the Agreement is not terminated), Grantees will repay to WMCEDC all Grant Funds or a portion thereof, as required by the specific default.”Executed agreement, p. 7

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.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATIONWACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION, a Texas non-profit corporation (hereinafter “WMCEDC”)	1
Contracting entity	BRAZOS RIVER VENTURES, LLCBRAZOS RIVER VENTURES, LLC, a Delaware limited liability company (hereinafter “BRV”)	1
Parent / guarantor	ELECTROLIT MANUFACTURING USA, INC.ELECTROLIT MANUFACTURING USA, INC., a Texas corporation, (hereinafter “Electrolit”	1
Instrument	GrantWMCEDC will pay to Grantees an amount not to exceed $2,500,000 to assist Grantees with the construction of the Atmos Infrastructure and Oncor Electric Infrastructure (the “Grant Funds”).	5
Governing chapter	Not stated in the agreement	—
Capital investment	$140,000,000at least $140,000,000 in business personal property improvements	3
Grant or incentive	$2,500,000WMCEDC will pay to Grantees an amount not to exceed $2,500,000	5
Jobs committed	149Grantees will create and fill at least 149 new Eligible Jobs at the Facility.	4
Wage requirement	$15.00 per hourpay its employees in the Required Jobs a minimum wage of no less than $15.00 per hour	4
Square footage	Not stated in the agreement	—
Acreage	Not stated in the agreement	—
Performance deadline	December 31, 2026Grantees will Substantially Complete construction of the Facility on or before December 31, 2026 (the “Substantial Completion Date”).	3
Expiration	15 years from the Substantial Completion Date“Expiration Date” means the date that is 15 years from the Substantial Completion Date.	2
Effective date	the date of last signature to this AgreementThis Economic Development Agreement (the “Agreement”) is entered into to be effective as of the date of last signature to this Agreement (the “Effective Date”)	1
Signatory	Jeffery HoverJeffery Hover	12
Chain status	Terminal 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 0013412 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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