The Abatement RegisterHowardAgreement 0014215
Texas Chapter 380 / 381 agreement · Howard

LES BESS, LLC

Agreement 0014215, filed with the Texas Comptroller by HOWARD COUNTY, TEXAS.

$200,000,000.00committed capital investment
70–100%of Property Tax abated
December 31, 2028performance deadline
The obligation

What the contract requires.

“Owner covenants and agrees to achieve commencement of commercial operations (hereinafter referred to as “COD”) by no later than December 31, 2028”Executed agreement, p. 4
“$200 Million and No/100 Dollars ($200,000,000.00)”Executed agreement, p. 4
The remedy

What the contract says happens.

“Owner shall pay to County as liquidated damages for such removal from the Incentive in this Agreement, within thirty (30) days after demand, all taxes for such removed Improvements”Executed agreement, p. 7

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 · Property Tax · p. 5

What was abated, and for how long.

100%Year 1
70%Year 2
70%Year 3
70%Year 4
70%Year 5

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 bodyHOWARD COUNTY, TEXASHOWARD COUNTY, TEXAS, a Texas political subdivision (hereinafter referred to as “County”)1
Contracting entityLES BESS, LLCLES BESS, LLC, a Delaware limited liability corporation authorized to transact business in Texas (hereinafter referred to as the “Owner”)1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 Economic Development Incentive AgreementAgreement. The word “Agreement” means this Chapter 381 Economic Development Incentive Agreement2
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT This CHAPTER 381 ECONOMIC INCENTIVE AGREEMENT (hereinafter referred to as the “Agreement”) is made and entered into by and between HOWARD COUNTY, TEXAS, a Texas political subdivision (hereinafter referred to as “County”), and LES BESS, LLC, a Delaware limited liability corporation authorized to transact business in Texas (hereinafte—
Capital investment$200,000,000.00$200 Million and No/100 Dollars ($200,000,000.00)4
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—
Acreage32.159-acreapproximately 32.159-acre tract of land located in Howard County, Texas3
Performance deadlineDecember 31, 2028Owner covenants and agrees to achieve commencement of commercial operations (hereinafter referred to as “COD”) by no later than December 31, 20284
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryRaid StrandRaid Strand14
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 0014215 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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