Agreement 0014275, filed with the Texas Comptroller by City of Lancaster, 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 Lancaster, TexasCITY OF LANCASTER, TEXAS | 2 |
| Contracting entity | Redwood Dallas SPV LLCREDWOOD DALLAS SPV LLC , a Delaware Limited Liability Company | 2 |
| Parent / guarantor | YondrREDWOOD DALLAS SPV LLC , a Delaware Limited Liability Company (“YONDR” or the “Developer,” | 2 |
| Instrument | Chapter 380 Economic Development Program and AgreementCHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT | 2 |
| Governing chapter | Chapter 380, Local Government Code2025-03-34 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LANCASTER, TEXAS, APPROVING A CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF LANCASTER, TEXAS AND REDWOOD DALLAS SPV LLC ("‘YONDR’); | — |
| Capital investment | $110,000,000minimum taxable value for the Real Property (excluding land value), but including and not limited to all design work, construction, equipment, fixtures, landscaping etc.) and Business Personal Property of Developer and any Tenants of at least one hundred ten million dollars ($1 10,000,000) | 6 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 30The Developer (or its Tenant(s)) must employ at least thirty (30) Full-Time Equivalent Employment Positions | 6 |
| Wage requirement | $80,000with an average annual wage of no less than eighty thousand dollars ($80,000). | 6 |
| Square footage | 300,000Facility. The word “Facility” means each building and improvements each comprising approximately three hundred thousand (300,000) square feet of data center space | 4 |
| Acreage | 163located in the City of Lancaster, Texas consisting of approximately 163 acres | 2 |
| Performance deadline | December 31, 2030obtain a Certificate of Occupancy for a first Facility on or before December 31, 2030 | 5 |
| Expiration | December 31, 2041This Agreement shall be effective as of the Effective Date of this Agreement, as defined herein, and shall continue thereafter until December 31, 2041 | 3 |
| Effective date | April 28, 2025DULY PASSED and approved by the City Council of the City of Lancaster, Texas, on this the 28th day of April, 2025. | 1 |
| Signatory | Not stated in the agreement | — |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Developer will build a minimum of one building or “Facility” containing approximately 300,000 square feet for use as a data center located on approximately 10 acres in the City of Lancaster and may build additional Facilities of a, pproximately same size consistent with the concept plan below.
Agreement 0014275 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.