Agreement 0013503, filed with the Texas Comptroller by CITY OF WACO.
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 | CITY OF WACOCITY OF WACO, a Texas home rule city and municipal corporation (“City”) | 1 |
| Contracting entity | Rio Brazos Investment Group, LLCRio Brazos Investment Group, LLC, a Texas limited liability company (“Grantee”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development AgreementECONOMIC DEVELOPMENT AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government Codevely as the “Parties” and individually as a “Party.” BACKGROUND In order to provide for investment in areas in need of revitalization by businesses which result in the creation of new jobs, new income, and provide for positive economic growth and economic stabilization beneficial to the City as a whole, the City desires to enter into this Agreement with Grantee for economic incentives pursuant to | — |
| Capital investment | $1,000,000.00Grantee will make an investment in the Property of at least $1,000,000.00 in real and personal property improvements | 3 |
| Grant or incentive | $500,000the City will pay to Grantee a “Grant” in an amount not to exceed of $500,000 | 4 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 4,200 square feet eachGrantee will construct the Project so that it includes two aircraft hangars at least 4,200 square feet each. | 3 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | October 31, 2025Grantee will Substantially Complete the Project on or before October 31, 2025 (the “Substantial Completion Date”). | 3 |
| Expiration | ten years from the Substantial Completion Date“Expiration Date” means the date that is ten years from the Substantial Completion Date. | 2 |
| Effective date | January 21, 2025effective as of January 21, 2025 (the “Effective Date”) | 1 |
| Signatory | Jim AllmonAttn: Jim Allmon | 8 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0013503 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.