The Abatement RegisterHopkinsAgreement 0014022
Texas Chapter 380 / 381 agreement · Hopkins

MY PERFECT PET INC.

Agreement 0014022, filed with the Texas Comptroller by HOPKINS COUNTY, TEXAS.

$3,000,000.00committed capital investment
15permanent jobs committed
10–100%of County Ad Valorem Taxes abated
September 1, 2020performance deadline
The obligation

What the contract requires.

“complete construction of the Project by September 1, 2020”Executed agreement, p. 3
“create fifteen (15) new Full-Time Equivalent Employment Positions”Executed agreement, p. 1
“capital investment of more than Three Million and No/100 Dollars ($3,000,000.00)”Executed agreement, p. 1
The remedy

What the contract says happens.

“aggregate total of all financial assistance provided by the County to Developer pursuant to Section 5 of this Agreement, shall become immediately due and payable by Developer to the County”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 · County Ad Valorem Taxes · p. 5

What was abated, and for how long.

100%2020
90%2021
80%2022
70%2023
60%2024
50%2025
40%2026
30%2027
20%2028
10%2029

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 bodyHOPKINS COUNTY, TEXASHOPKINS COUNTY, TEXAS, a Texas political subdivision1
Contracting entityMY PERFECT PET INC.MY PERFECT PET INC., a Delaware company1
Parent / guarantorNot stated in the agreement—
InstrumentProgram GrantProgram Grant or Program Grant Payment3
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> EXHIBIT > HOPKINS COUNTY CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT This CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT (hereinafter referred to as the “Agreement”) is made and entered into by and between HOPKINS COUNTY, TEXAS, a Texas political subdivision (hereinafter referred to as “County”), and MY PERFECT PET INC., a Delaware company (hereinafter referred to a—
Capital investment$3,000,000.00capital investment of more than Three Million and No/100 Dollars ($3,000,000.00)1
Grant or incentiveNot stated in the agreement—
Jobs committed15create fifteen (15) new Full-Time Equivalent Employment Positions1
Wage requirementNot stated in the agreement—
Square footage19,000construction of a minimum 19,000 square foot lightly cooked pet food manufacturing facility3
Acreage5.99approximately 5.99 acre tract or tracts of land3
Performance deadlineSeptember 1, 2020complete construction of the Project by September 1, 20203
ExpirationDecember 31, 2030shall continue thereafter until December 31, 20302
Effective dateNot stated in the agreement—
SignatoryKaren NeolaKaren Neola, Pack Lead10
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 0014022 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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