The Abatement RegisterLancasterAgreement 0014276
Texas Chapter 380 / 381 agreement · Lancaster

Bridor USA, Inc.

Agreement 0014276, filed with the Texas Comptroller by City of Lancaster, Texas.

$150,000,000committed capital investment
50–55%of Real and Business Personal Property Combined Taxes abated
January 1, 2030performance deadline
The obligation

What the contract requires.

“Occupation of Facility. Developer covenants and agrees to occupy Phase I of the Facility on or before January 1, 2030 subject to Excused Delays, and thereafter during the term of this Agreement.”Executed agreement, p. 18
“Job Creation Requirement. The Developer commits that one hundred eleven (111) Full Time Equivalent Employment Positions will be located at the Facility on or before January 1, 2030.”Executed agreement, p. 18
“Minimum Investment Threshold. Developer covenants and agrees to show evidence of a minimum investment for the Facility (excluding land value) and all Business Personal Property at the Facility of one hundred fifty million dollars ($150,000,000)”Executed agreement, p. 4
The repayment remedy

What happens if it is not met.

“In the event the Developer defaults and is unable or unwilling to cure said default within the prescribed time period, the Program Payments provided by the City to Developer pursuant to Section 5(a) of this Agreement, shall become immediately due and payable by the Developer to the City.”Executed agreement, p. 25

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 · Real and Business Personal Property Combined Taxes · p. 21

What was abated, and for how long.

55%1-10
50%1-7

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 Lancaster, TexasCITY OF LANCASTER, TEXAS, a Texas home-rule municipality (hereinafter referred to as the “City”)15
Contracting entityBridor USA, Inc.BRIDOR USA, Inc., a Delaware Corporation (hereinafter referred to as “BRIDOR” or the “Developer”)15
Parent / guarantorNot stated in the agreement—
InstrumentChapter 380 Economic Development Program and AgreementThis CHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT (hereinafter referred to as the “Agreement”)15
Governing chapterChapter 380, Local Government Code2025-12-119 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LANCASTER, TEXAS, APPROVING A FIRST AMENDMENT TO THE CHAPTER 380 AGREEMENT BY AND BETWEEN THE CITY OF LANCASTER, TEXAS AND BRIDOR USA, INC.;—
Capital investment$150,000,000Minimum Investment Threshold. Developer covenants and agrees to show evidence of a minimum investment for the Facility (excluding land value) and all Business Personal Property at the Facility of one hundred fifty million dollars ($150,000,000)4
Grant or incentiveNot stated in the agreement—
Jobs committed111 the quoted sentence states no obligationJob Creation Requirement. The Developer commits that one hundred eleven (111) Full Time Equivalent Employment Positions will be located at the Facility on or before January 1, 2030.18
Wage requirement$29 per hourFull Time Equivalent Employment Positions. The words “Full-Time Equivalent Employment Position(s)” mean a job requiring a minimum of One Thousand Nine Hundred Twenty (1,920) hours of work averaged over a twelve-month period with such hours being inclusive of any vacation and sick leave paying a median wage of no less than $29 per hour.17
Square footage450,000Facility. The word Facility means all buildings and improvements located on the Property located in Lancaster, Texas and as described and/or depicted in Exhibit A of this Agreement, which is attached hereto and incorporated herein for all purposes. It is anticipated that the Developer will build approximately four hundred fifty thousand (450,000) square feet of manufacturing space in three (3) pha17
Acreage49.926containing a computed area of 2,174,775 square feet or 49.926 acres of land.32
Performance deadlineJanuary 1, 2030Occupation of Facility. Developer covenants and agrees to occupy Phase I of the Facility on or before January 1, 2030 subject to Excused Delays, and thereafter during the term of this Agreement.18
ExpirationDecember 31, 2050This Agreement shall be effective as of the Effective Date of this Agreement, as defined herein, and shall continue thereafter until December 31, 2050, unless otherwise terminated pursuant to the terms of this Agreement.16
Effective dateDecember 9, 2024WHEREAS, Developer and City previously entered into a Chapter 380 Agreement approved by City Council of the City of Lancaster on December 9, 2024 via Resolution No. 2024-12-119;2
SignatoryNot stated in the agreement—
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 0014276 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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