The Abatement RegisterHuttoAgreement 0014278
Texas Chapter 380 / 381 agreement · Hutto

Hutto Data Center Campus LLC

Agreement 0014278, filed with the Texas Comptroller by City of Hutto.

$10,000,000,000committed capital investment
50%of Tangible Personal Property abated
five years after this Agreement is fully executedperformance deadline
The obligation

What the contract requires.

“have achieved Completion of Construction of the first Building within five years after this Agreement is fully executed”Executed agreement, p. 4
“intends to make a total combined minimum capital investment of at least $10,000,000,000 in the Improvements and Tangible Personal Property on the Land”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“Upon termination of this Agreement by the City for Owner’s breach of this Agreement, with respect to tax abatement for Owner’s Tangible Personal Property at or near a Building, the Recapture Amount shall become a debt to the City as liquidated damages.”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 · Tangible Personal Property · p. 1

What was abated, and for how long.

fifty percent (50%)ten (10) consecutive years

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 HuttoCity of Hutto, a Texas home-rule municipal corporation with principal administrative offices at Hutto City Hall. 500 West Oak Street, Hutto, TX 78634, in Williamson County, Texas (the “City”)1
Contracting entityHutto Data Center Campus LLCHutto Data Center Campus LLC ("Owner")1
Parent / guarantorPrologis, Inc.By: Prologis, Inc., a Maryland corporation, its general partner11
InstrumentTax Abatement AgreementTax Abatement Agreement1
Governing chapterChapter 312, Tax Code (property tax abatement)| (the "Zone"), for commercial/industrial tax abatement, as authorized by the Property-Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code, as amended (the "Act");—
Capital investment$10,000,000,000intends to make a total combined minimum capital investment of at least $10,000,000,000 in the Improvements and Tangible Personal Property on the Land1
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage3.7 million square feetapproximately 3.7 million square feet of space for Data Centers and related improvements1
Acreage158 acresWHEREAS, HDCC is the owner of that certain tract of land containing approximately 158 acres15
Performance deadlinefive years after this Agreement is fully executedhave achieved Completion of Construction of the first Building within five years after this Agreement is fully executed4
ExpirationDecember 31"Expiration Date" shall mean December 31 of the last calendar year of possible abatement hereunder.3
Effective dateMay 4, 2023"Development Agreement" shall mean that certain development agreement by and between the City and Owner executed on May 4, 2023.3
SignatoryJC WittBy: [1 JIC Witt, Vice President11
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 0014278 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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