The Abatement RegisterMcGregorAgreement 0013587
Texas Chapter 380 / 381 agreement · McGregor

MESSER LLC

Agreement 0013587, filed with the Texas Comptroller by CITY OF McGREGOR, TEXAS.

$80,000,000.00committed capital investment
50%of personal property ad valorem taxes abated
December 31, 2029performance deadline
The obligation

What the contract requires.

“When placed in service on or before December 31, 2029”Executed agreement, p. 6
“will create a minimum of twenty (20) new full-time employment positions”Executed agreement, p. 1
“Messer shall expend at least Eighty Million and No/100 Dollars ($80,000,000.00) for the construction and placement of taxable real and personal property improvements”Executed agreement, p. 6
The remedy

What the contract says happens.

“Messer shall pay the following to the City: (i) an amount equal to the cumulative amount of economic development grants paid to Messer under Section I.B. above prior to the date of the Substantial Breach; and (ii) the amount of One Hundred Thousand and No/100 Dollars ($100,000.00) times the number of years otherwise left on the ten (10) year grant period after the date of the Substantial Breach.”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 · personal property ad valorem taxes · p. 5

What was abated, and for how long.

50%10 years

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 McGREGOR, TEXASCITY OF McGREGOR, TEXAS ("City" or "City of McGregor")1
Contracting entityMESSER LLCMESSER LLC ("Messer")1
Parent / guarantorNot stated in the agreement—
InstrumentDevelopment AgreementThis Development Agreement ("Agreement")1
Governing chapterChapter 380, Local Government Codeand WHEREAS, the former naval weapons reserve production facility is now known as “McGregor Industrial Park;” and WHEREAS, the City has economic development and related powers under Chapter 380 of the Texas Local Government Code, Chapter 311 of the Texas Tax Code, that the City may exercise in order to attract business, increase employment opportunities, decrease unemployment and underemployment a—
Capital investment$80,000,000.00Messer shall expend at least Eighty Million and No/100 Dollars ($80,000,000.00) for the construction and placement of taxable real and personal property improvements6
Grant or incentiveNot stated in the agreement—
Jobs committed20 recital language, not a covenantwill create a minimum of twenty (20) new full-time employment positions1
Wage requirement$60,000.00at an average salary of at least Sixty Thousand and No/100 Dollars ($60,000.00) per year6
Square footageNot stated in the agreement—
Acreage57.209approximately fifty-seven and 209/1000 (57.209) acres2
Performance deadlineDecember 31, 2029When placed in service on or before December 31, 20296
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryRob CapellmanPrint Name: _ Rob Capellman16
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Project components · p. 19

Construction/installation of an Air Separation Unit and related improvements.

How to check this page

Every line above is in the contract.

Agreement 0013587 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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