The Abatement RegisterClevelandAgreement 0013971
Texas Chapter 380 / 381 agreement · Cleveland

BCS Cleveland LLC, a Texas limited liability company

Agreement 0013971, filed with the Texas Comptroller by City of Cleveland, a State of Texas home rule city.

10permanent jobs committed
65%of Sales Tax Revenues abated
The obligation

Terms the contract defines.

“(3) “Conditions Satisfaction Deadline” shall mean the date that is twenty-four (24) months after the date of the Effective Date, unless extended by delays caused by Force Majeure.”Executed agreement, p. 3
“Creation of at least ten (10) jobs associated with the Facility.”Executed agreement, p. 5

The dated sentence above defines a term used elsewhere in the contract. It is recorded here as a definition, not as a performance obligation.

The repayment remedy

What happens if it is not met.

“Company shall repay to City and the CEDC the total amount of Economic Development Grant Payments paid to Company under this Agreement, plus interest at Agreed Rate (as hereinafter defined), not later than the one hundred twentieth (120") day after the date City or the CEDC notifies Company of the violation.”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 · Sales Tax Revenues · p. 6

What was abated, and for how long.

sixty-five percent (65%)annual

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 Cleveland, a State of Texas home rule cityThis Economic Development Agreement (this “Agreement”) is made by and between the City of Cleveland, a State of Texas home rule city (the “City”), the Cleveland Economic Development Corporation, a State of Texas Type B economic development corporation (the “CEDC’), and BCS Cleveland LLC, a Texas limited liability company (“Company”)1
Contracting entityBCS Cleveland LLC, a Texas limited liability companyThis Economic Development Agreement (this “Agreement”) is made by and between the City of Cleveland, a State of Texas home rule city (the “City”), the Cleveland Economic Development Corporation, a State of Texas Type B economic development corporation (the “CEDC’), and BCS Cleveland LLC, a Texas limited liability company (“Company”)1
Parent / guarantorBCS Capital Group LLCBCS Capital Group LLC Houston, TX United States X24
InstrumentEconomic Development AgreementThis Economic Development Agreement (this “Agreement”) is made by and between the City of Cleveland, a State of Texas home rule city (the “City”), the Cleveland Economic Development Corporation, a State of Texas Type B economic development corporation (the “CEDC’), and BCS Cleveland LLC, a Texas limited liability company (“Company”)1
Governing chapterChapter 380, Local Government CodeRECITALS WHEREAS, Chapter 380 of the Texas Local Government Code (“Chapter 380”) allows the City to make grants of public funds for the public purposes of promoting local economic development and stimulating business and commercial activity within the City, which the City memorializes in an economic development agreement to a grantee (a “380 Agreement”);—
Capital investmentNot stated in the agreement—
Grant or incentivetwo hundred seventy-five thousand dollars ($275,000)A. Subject to the satisfaction of the performance criteria set forth in Section 5.A above, the City and the CEDC shall be obligated to reimburse to Company a portion of the Sales Tax Revenues as provided herein, in an amount up to but not to exceed a cumulative total amount of two hundred seventy-five thousand dollars ($275,000) over a period not to exceed the Term of Ten Years.6
Jobs committedten (10) jobsCreation of at least ten (10) jobs associated with the Facility.5
Wage requirementNot stated in the agreement—
Square footage24,707 square feetBeing a tract of land containing 0.5672 acre (24,707 square feet), located in the J.B. Boothe Survey, Abstract 139, in Liberty County, Texas;19
Acreage0.56 acresWHEREAS, Company has acquired ownership rights in approximately 0.56 acres of land located at 508 South Washington Ave. in the boundaries of the City (the “Property”),1
Performance deadlinetwenty-four (24) months after the date of the Effective Date defined term, not a covenant(3) “Conditions Satisfaction Deadline” shall mean the date that is twenty-four (24) months after the date of the Effective Date, unless extended by delays caused by Force Majeure.3
ExpirationTerm of Ten YearsA. This Agreement shall become enforceable upon the Effective Date and will terminate on the first to occur upon the: (1) Term of Ten Years;4
Effective dateFeb 25, 2026Company effective as of Feb 25, 2026 (the “Agreement”).20
SignatoryUglbevt (AMMOby _Uglbevt (AMMO ithe NAAN ag tir of BCS CLEVELAND LLC, a Texas limited liability company for and on behalf of said corporation.18
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 0013971 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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