Agreement 0014617, filed with the Texas Comptroller by CITY OF FORT WORTH, TEXAS.
The dated sentence above defines a term used elsewhere in the contract. It is recorded here as a definition, not as a performance obligation.
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.
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 | CITY OF FORT WORTH, TEXASCITY OF FORT WORTH, TEXAS, a Texas home-rule municipal corporation (“City”) | 1 |
| Contracting entity | ADOM INDUSTRIES, INC.ADOM INDUSTRIES, INC., a Delaware corporation authorized to do business in the State of Texas (“Company”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Chapter 380 ECONOMIC DEVELOPMENT PROGRAM AGREEMENTChapter 380 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government CodeWORTH, TX Chapter 380 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT This CHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT (“Agreement”) is entered into by and between the CITY OF FORT WORTH, TEXAS, a Texas home-rule municipal corporation (“City”), and ADOM INDUSTRIES, INC., a Delaware corporation authorized to do business in the State of Texas (“Company”) or an Affiliate (as defined and permitted in th | — |
| Capital investment | $243,750,000.00investment exceeding $243,750,000.00 in new qualified research and development (“R&D”) costs | 1 |
| Grant or incentive | $15,000,000.00aggregate amount not to exceed $15,000,000.00 (the “Grant(s)”) | 2 |
| Jobs committed | 267at least 267 Full-Time Jobs, inclusive of the FTJ Commitment — Phase 1, FTJ Commitment — Phase 2, and FTJ Commitment — Phase 3 | 7 |
| Wage requirement | $91,000.00average annualized Salary, measured on a calendar year basis, for all Full-Time Jobs employed and retained at the Project Site must equal at least $91,000.00 | 8 |
| Square footage | 10,000 square feetThe Company will occupy approximately 10,000 square feet of industrial space | 1 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | December 31, 2033 defined term, not a covenantCompletion Deadline — RPI — Phase 4 means on or before December 31, 2033. | 3 |
| Expiration | fifteen (15) years from the start of the First Operating Yearexpires fifteen (15) years from the start of the First Operating Year (“Term”). | 4 |
| Effective date | Not stated in the agreement | — |
| Signatory | John LauerBy: John Lauer (Jul 31, 2026 11:46:21 CDT) Signature John Lauer Printed Name | 23 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0014617 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.