The Abatement RegisterEl PasoAgreement 0013575
Texas Chapter 380 / 381 agreement · El Paso

EAST FM SIERRA VISTA HOLDING CO. LLC

Agreement 0013575, filed with the Texas Comptroller by CITY OF EL PASO.

$4,921,544.00committed capital investment
$210,293.02grant or incentive
50–100%of Property Tax Rebate abated
12 months from the Effective Dateperformance deadline
The obligation

What the contract requires.

“must obtain the building permits for the Project within 12 months from the Effective Date”Executed agreement, p. 6
“$4,921, 544.00”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“recapture any Grant Payments previously made by the City”Executed agreement, p. 9

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 · Property Tax Rebate · p. 20

What was abated, and for how long.

100%Year 1
100%Year 2
100%Year 3
75%Year 4
75%Year 5
50%Year 6
50%Year 7
50%Year 8
50%Year 9
50%Year 10

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 bodyCITY OF EL PASOCITY OF EL PASO1
Contracting entityEAST FM SIERRA VISTA HOLDING CO. LLCEAST FM SIERRA VISTA HOLDING CO. LLC, a Texas limited liability company1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 380 Economic Development Program AgreementChapter 380 Economic Development Program Agreement1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EL PASO: That the City Manager be authorized to sign a Chapter 380 Economic Development Program Agreement (“Agreement”) by and between CITY OF EL PASO (“City”) and EAST FM SIERRA VISTA HOLDING CO.—
Capital investment$4,921,544.00$4,921, 544.001
Grant or incentive$210,293.02aggregate Grant payments will not exceed $210,293.024
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage40,060construct a new 40,060-square-foot office facility17
Acreage43,559 SQ FTSIERRA VISTA ACRES LOT 2 (43,559 SQ FT)16
Performance deadline12 months from the Effective Datemust obtain the building permits for the Project within 12 months from the Effective Date6
ExpirationJune 7, 203913 years from the Effective Date6
Effective dateJune 7, 2026onthis 7+ day of ume , 2026 (“Effective Date”)2
SignatoryBernardindBernardind od que _as managing PAYMELY (title) of East FM Sierra Vista Holding Co. LLC15
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Project components · p. 17

office space, laboratories, a cafeteria, wellness amenities such as a racquetball court

How to check this page

Every line above is in the contract.

Agreement 0013575 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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