The Abatement RegisterMcLennanAgreement 0013830
Texas Chapter 380 / 381 agreement · McLennan

ENVASES COMMERCE, LLC AND IZ TEXAS, LLC

Agreement 0013830, filed with the Texas Comptroller by MCLENNAN COUNTY, TEXAS.

$117,600,000.00committed capital investment
50%of City of Waco taxes paid on the increase in taxable value of the Personal Property improvements abated
December 31, 2026performance deadline
The obligation

What the contract requires.

“On or before December 31, 2026, the Companies shall invest at the Premises no less than One Hundred and Seventeen Million Six Hundred Thousand Dollars ($117,600,000.00)”Executed agreement, p. 4
“the Companies shall invest at the Premises no less than One Hundred and Seventeen Million Six Hundred Thousand Dollars ($117,600,000.00) in personal property improvements”Executed agreement, p. 4
The remedy

What the contract says happens.

“If during any year during the Term of this Agreement, the amount of Property investment, less depreciation (and amortization of architectural and engineering costs, construction management fees, and permit and inspection fees), is less than the amounts required by Sections 1.2.1 and 1.2.2, City shall reduce the Incentive Grants by an amount equal to the percentage that Property Investment falls short of the amounts r”Executed agreement, p. 6

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 · City of Waco taxes paid on the increase in taxable value of the Personal Property improvements · p. 6

What was abated, and for how long.

50%Years 1 — 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 bodyMCLENNAN COUNTY, TEXASMCLENNAN COUNTY, TEXAS ("COUNTY")1
Contracting entityENVASES COMMERCE, LLC AND IZ TEXAS, LLCENVASES COMMERCE, LLC AND IZ TEXAS, LLC1
Parent / guarantorNot stated in the agreement—
InstrumentIndustrial Business GrantIndustrial Business Grant Agreement1
Governing chapterNot stated in the agreement—
Capital investment$117,600,000.00the Companies shall invest at the Premises no less than One Hundred and Seventeen Million Six Hundred Thousand Dollars ($117,600,000.00) in personal property improvements4
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2026On or before December 31, 2026, the Companies shall invest at the Premises no less than One Hundred and Seventeen Million Six Hundred Thousand Dollars ($117,600,000.00)4
ExpirationDecember 31, 2034The term of the Personal Property Grant shall begin on January 1, 2025, and end December 31, 20346
Effective dateOctober 7, 202510/7/254
SignatoryFrancisco Javier Pietrini ZapataFrancisco Javier Pietrini Zapata, Manager3
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
How to check this page

Every line above is in the contract.

Agreement 0013830 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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