Agreement 0013714, filed with the Texas Comptroller by El Paso County, Texas.
The remedy here is discretionary — the clause says it may be applied, not that it must be.
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 | El Paso County, Texasbetween E] Paso County, Texas (“County”), a political subdivision of the State of Texas | 1 |
| Contracting entity | Faith Technologies, Inc.Faith Technologies, Inc. (“Company”), a foreign for-profit corporation, incorporated under the laws of the State of Wisconsin | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 381 Economic Development Program AgreementThis Chapter 381 Economic Development Program Agreement (“Agreement”) | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> STATE OF TEXAS ) CHAPTER 381 ECONOMIC ) DEVELOPMENT COUNTY OF EL PASO ) PROGRAM AGREEMENT This Chapter 381 Economic Development Program Agreement (“Agreement”) is entered into between E] Paso County, Texas (“County”), a political subdivision of the State of Texas, and Faith Technologies, Inc. | — |
| Capital investment | $52,500,000The total Minimum Investment for this Property will, in no instance, be less than Fifty- Two Million Five Hundred Thousand Dollars ($52,500,000). | 3 |
| Grant or incentive | $958,988Company is eligible to receive up to Nine Hundred Fifty-Eight Thousand Nine Hundred Eighty-Eight Dollars ($958,988) over the Term of this Agreement. | 3 |
| Jobs committed | 200The Company agrees to create a minimum of 200 new Full-Time Employment positions and maintain those through the Grant Period. | 6 |
| Wage requirement | $18.21 per hourthe current Median County Wage, which is $18.21 per hour. | 3 |
| Square footage | 500,000 sq. ft.Facility Size: ~500,000 sq. ft. | 17 |
| Acreage | 48 acresLand Area: 48 acres (pad-ready site) | 17 |
| Performance deadline | 12 months from the Effective DateThe Company or its Affiliate shall complete the Development within 12 months of the Effective Date of this Agreement | 4 |
| Expiration | Not stated in the agreement | — |
| Effective date | April 3, 2025This instrument was acknowledged before me on the 43” day of APr | 2025, by Ricardo Samaniego, as County Judge of the County of El Paso, Texas. | 15 |
| Signatory | Larry BoveeLarry Bovee Executive Vice President | 16 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Facility Size: ~500,000 sq. ft., Land Area: 48 acres (pad-ready site), Capital Investment: ~$84 million, Building Construction: $39 million, Machinery & Equipment: $13.5 million
Agreement 0013714 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.