The Abatement RegisterAustinAgreement 0014289
Texas Chapter 380 / 381 agreement · Austin

Hailiang Copper Texas Inc

Agreement 0014289, filed with the Texas Comptroller by County of Austin, Texas.

$90,000,000.00committed capital investment
250permanent jobs committed
40–100%of Added Taxable Value abated
December 31, 2025performance deadline
The obligation

What the contract requires.

“creating and retaining at least two hundred fifty (250) Full Time Employees by December 31, 2025”Executed agreement, p. 5
“creating and retaining at least two hundred fifty (250) Full Time Employees by December 31, 2025”Executed agreement, p. 5
“HAILIANG makes at least an Added Taxable Value to the Property of $90,000,000.00”Executed agreement, p. 5
Statutory clause

This is not a performance remedy.

“if HAILIANG is convicted of a violation under 8 U.S.C. Section 1324a(f), HAILIANG shall repay to the COUNTY the full Property Tax Reimbursement Grant amount of payments made under this Agreement, plus ten percent (10%) per annum from the date the payment was made.”Executed agreement, p. 7

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.

Abatement schedule · Added Taxable Value · p. 5

What was abated, and for how long.

100%Tax Year 2023
90%Tax Year 2024
80%Tax Year 2025
70%Tax Year 2026
60%Tax Year 2027
50%Tax Year 2028
40%Tax Year 2029

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 bodyCounty of Austin, TexasThis Chapter 381 ECONOMIC DEVELOPMENT AGREEMENT (hereinafter referred to as (‘Agreement’) is made, entered, and executed between the County of Austin, Texas, (“COUNTY”)1
Contracting entityHailiang Copper Texas Incand Hailiang Copper Texas Inc, a Texas Corporation (“HAILIANG”)1
Parent / guarantorNot stated in the agreement—
InstrumentProperty Tax Reimbursement GrantConsideration of Property Tax Reimbursement Grant5
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT AGREEMENT STATE OF TEXAS § COUNTY OF AUSTIN § This Chapter 381 ECONOMIC DEVELOPMENT AGREEMENT (hereinafter referred to as (‘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 Hailiang Copper Texas Inc, a Texas Corporation (“HAILIANG”—
Capital investment$90,000,000.00HAILIANG makes at least an Added Taxable Value to the Property of $90,000,000.005
Grant or incentiveNot stated in the agreement—
Jobs committed250creating and retaining at least two hundred fifty (250) Full Time Employees by December 31, 20255
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage196.1030ACRES: 196.103031
Performance deadlineDecember 31, 2025creating and retaining at least two hundred fifty (250) Full Time Employees by December 31, 20255
ExpirationNot stated in the agreement—
Effective dateAugust 15, 2023is entered into as of the 15th day of August, 2023. (the “Effective Date’).1
SignatoryJianhua YuJianhua Yu, Vice President27
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 31
R000014268 · 9005192 · 9005193 · 9018358 · 9019989
How to check this page

Every line above is in the contract.

Agreement 0014289 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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