Agreement 0014287, filed with the Texas Comptroller by County of Austin, Texas.
Texas Government Code 2264 requires this provision in every such agreement. It is triggered by employing unauthorised workers, not by missing a build or jobs target. The contract records no repayment remedy for the obligations above.
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 | County of Austin, TexasThis Chapter 381 ECONOMIC DEVELOPMENT AGREEMENT (hereinafter referred to as “the Agreement”) is made, entered, and executed between the County of Austin, Texas, (“COUNTY”) | 1 |
| Contracting entity | HENDRIX INDUSTRIES, INCand HENDRIX INDUSTRIES, INC, (“HENDRIX INDUSTRIES’) | 1 |
| Parent / guarantor | HENDRIX INTERESTS, LLCand HENDRIX INTERESTS, LLC (“HENDRIX INTERESTS’) | 1 |
| Instrument | Property Tax GrantGrant shall mean a Property Tax Grant made by the COUNTY from lawfully available funds | 3 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> ECONOMIC DEVELOPMENT AGREEMENT Revised Agreement takes the place of Court Order 21-181 Agreement STATE OF TEXAS § COUNTY OF AUSTIN § This Chapter 381 ECONOMIC DEVELOPMENT AGREEMENT (hereinafter referred to as “the Agreement”) is made, entered, and executed between the County of Austin, Texas, (“COUNTY”) duly acting herein by and through its Commissioner’s Court and County Judge, and H | — |
| Capital investment | $ 800,000.00Added Taxable Value shall mean a minimum of $ 800,000.00 in added value to the Property above the Base Year Value | 2 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 50HENDRIX INDUSTRIES creating at least 50 full-time employees | 3 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | 25.25058 acresa certain 25.25058 acres tract of land located at the corner of FM 3538 & FM 3013 within the COUNTY | 1 |
| Performance deadline | April 2, 2024should HENDRIX INDUSTRIES not create at least 50 full-time employees with a start date at the Property by April 2, 2024 | 4 |
| Expiration | Not stated in the agreement | — |
| Effective date | February 2, 2025This instrument was acknowledged before me on-February 2¢/_, 2025, by Tim Lapham, County Judge of Austin County, Texas for and behalf of the Commissioner's Court and Austin County. | 11 |
| Signatory | Hank VuThis instrument was acknowledged before me on February 6 _, 2025, by Hank Vu, President, for and on behalf of HENDRIX INDUSTRIES, Inc. | 11 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0014287 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.