Agreement 0013560, filed with the Texas Comptroller by CITY OF FORT WORTH, TEXAS.
The dated sentence above defines a term used elsewhere in the contract. It is recorded here as a definition, not as a performance obligation.
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 FORT WORTH, TEXASCITY OF FORT WORTH, TEXAS ("City"), a Texas home-rule municipal corporation | 1 |
| Contracting entity | BELL TEXTRON INC.BELL TEXTRON INC. ("Company"), a Delaware for-profit corporation | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | TAX ABATEMENT AND Chapter 380 ECONOMIC DEVELOPMENT PROGRAM AGREEMENTTAX ABATEMENT AND Chapter 380 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT | 1 |
| Governing chapter | Chapter 312, Tax Code, and Chapter 380, Local Government CodeThe Tax Abatement Policy contains guidelines and criteria governing approved tax abatement agreements that are entered into by the City within duly created Tax Abatement Reinvestment Zones pursuant to Chapter 312 of the Texas Tax Code, as amended (“Tax Code”). | — |
| Capital investment | $400,000,000$400,000,000 of installed business personal property at the Facility | 1 |
| Grant or incentive | $1,000,000.00a one-time grant from the City’s Economic Development Initiatives Fund ("EDIF") of up to $1,000,000.00 ("EDIF Grant") | 2 |
| Jobs committed | 520provide at least 520 new Full-Time Jobs | 1 |
| Wage requirement | $85,000average annualized salary equal to at least $85,000 | 1 |
| Square footage | 448,000the Development of a Minimum 448,000 Square Foot Manufacturing Facility | 30 |
| Acreage | 34.331 acresapproximately 34.331 acres located at 15100 N. Beach St. and 15120 N. Beach St. | 1 |
| Performance deadline | December 31, 2039 defined term, not a covenantCompletion Deadline — FTJ — Phase 4 means on or before December 31, 2039. | 1 |
| Expiration | 20 years from signed date TBD 2046Expiration Date: 20 years from signed date TBD 2046 | 28 |
| Effective date | March 3, 20263 March Signed on this the day of , 2026. | 22 |
| Signatory | Rachel BaileyRachel Bailey Printed Name | 24 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0013560 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.