The Abatement RegisterCopperas CoveAgreement 0014371
Texas Chapter 380 / 381 agreement · Copperas Cove

Cullinan Copperas Cove MSOPC, LLC

Agreement 0014371, filed with the Texas Comptroller by City of Copperas Cove.

$70,000,000committed capital investment
$7,598,473.00grant or incentive
5–100%of Real Property Taxes abated
December 31, 2028performance deadline
The obligation

What the contract requires.

“ending on December 31, 2028”Executed agreement, p. 4
“equals or exceeds $70,000,000.”Executed agreement, p. 4
The repayment remedy

What happens if it is not met.

“reimburse to City 100% of the Grant Payments received to date”Executed agreement, p. 9

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 Property Taxes · p. 10

What was abated, and for how long.

100%During construction
50%Year 1 through Year 10
25%Year 11
20%Years 12-13
15%Years 14-16
10%Years 17-18
5%Years 19-20

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 Copperas CoveCity of Copperas Cove, a Texas home-rule municipal corporation (the “City”)1
Contracting entityCullinan Copperas Cove MSOPC, LLCCullinan Copperas Cove MSOPC, LLC, an Illinois limited liability company1
Parent / guarantorCullinan Companies L.L.C.Cullinan Companies L.L.C., an Illinois limited liability company25
InstrumentGrant Payments“Grant Payments” means City’s reimbursement payments to Developer3
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT This CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT (this “Agreement”) is entered into to be effective as of the 30% day of Ju uly , 2026 (the “Effective Date”), by and between the City of Copperas Cove, a Texas home-rule municipal corporation (the “City”), and Cullinan Copperas Cove MSOPC, LLC, an Illinois limited liability company authorized to—
Capital investment$70,000,000equals or exceeds $70,000,000.4
Grant or incentive$7,598,473.00$7,598,473.00 (the “Maximum Aggregate Grant Payment”)10
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage250,000 gross square feetThe Facility will be approximately 250,000 gross square feet4
Acreage21.465-acrethe approximate 21.465-acre tract of real property3
Performance deadlineDecember 31, 2028ending on December 31, 20284
ExpirationDecember 31, 2050December 31, 2050 (the “Outside Date”)11
Effective dateJuly 30, 2026effective as of the 30% day of Ju uly , 20261
SignatoryDiane A. OberhelmanDiane Cullinan Oberhelman26
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 0014371 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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