Agreement 0014212, filed with the Texas Comptroller by CITY OF SELMA, TEXAS.
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 | CITY OF SELMA, TEXASthe CITY OF SELMA, TEXAS, a Texas General Law Type A municipality (the "City") | 1 |
| Contracting entity | SONIC AUTOMOTIVE, INC.SONIC AUTOMOTIVE, INC., a Delaware corporation | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Incentive and Tax Abatement AgreementECONOMIC DEVELOPMENT INCENTIVE AND TAX ABATEMENT AGREEMENT | 1 |
| Governing chapter | Chapter 312, Tax Code, and Chapter 380, Local Government Codeand WHEREAS, the City is further authorized by Chapter 312 of the Texas Tax Code ("Chapter 312") to designate reinvestment zones and, by written agreement, to abate ad valorem taxes on eligible real and personal property located within such a zone, in accordance with the procedures set forth therein; | — |
| Capital investment | $30,000,000.00aggregate capital investment on the Lambeth Tract in excess of Thirty Million and No/100 Dollars ($30,000,000.00) | 2 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | seventy-five (75) recital language, not a covenantemployment of approximately seventy-five (75) associates | 2 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | 16.11510.00 acres, more or less, located in Guadalupe County, Texas...6.115 acres, more or less, located in Bexar County, Texas | 1 |
| Performance deadline | forty-eight (48) months after the Effective DateIf Sonic does not obtain the initial certificate of occupancy for the automobile dealership improvements on the Lambeth Tract within forty-eight (48) months after the Effective Date | 8 |
| Expiration | Not stated in the agreement | — |
| Effective date | , 2026is entered into effective as of , 2026 (the "Effective Date") | 1 |
| Signatory | John E. Russ IIIName: John E. Russ III | 13 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0014212 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.