The Abatement RegisterLa PorteAgreement 0014735
Texas Chapter 380 / 381 agreement · La Porte

Spencer HWY Centre, LLC

Agreement 0014735, filed with the Texas Comptroller by City of La Porte, Texas.

$7,000,000.00committed capital investment
$12,000.00grant or incentive
20–100%of Municipal Property Tax abated
December 31, 2027performance deadline
The obligation

What the contract requires.

“in no event later than December 31, 2027”Executed agreement, p. 2
“Capital Investment by DEVELOPER of at least Seven Million Dollars ($7,000,000.00)”Executed agreement, p. 2
The repayment remedy

What happens if it is not met.

“DEVELOPER has thirty (30) days following receipt of said written notice to cure such breach, after which time this Agreement may be terminated by CITY, and the right of CITY to reclaim and recapture any and all funds granted to DEVELOPER under this Agreement shall then immediately accrue.”Executed agreement, p. 6

The remedy here is discretionary — the clause says it may be applied, not that it must be.

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 · Municipal Property Tax · p. 2

What was abated, and for how long.

100%Year 1
80%Year 2
60%Year 3
40%Year 4
20%Year 5

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 La Porte, TexasTHE CITY OF LA PORTE, TEXAS, AND SPENCER HWY CENTRE, LLC1
Contracting entitySpencer HWY Centre, LLCTHE CITY OF LA PORTE, TEXAS, AND SPENCER HWY CENTRE, LLC1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 380 AgreementTEXAS LOCAL GOVERNMENT CODE CHAPTER 380 AGREEMENT1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> TEXAS LOCAL GOVERNMENT CODE CHAPTER 380 AGREEMENT BETWEEN THE CITY OF LA PORTE, TEXAS, AND SPENCER HWY CENTRE, LLC This AGREEMENT is entered into by and between the City of La Porte, Texas, a Texas municipal corporation of Harris County, Texas (“CITY”), and Spencer HWY Centre, LLC., a limited liability company (hereinafter called “DEVELOPER”).—
Capital investment$7,000,000.00Capital Investment by DEVELOPER of at least Seven Million Dollars ($7,000,000.00)2
Grant or incentive$12,000.00in an amount not to exceed $12,000.003
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2027in no event later than December 31, 20272
ExpirationNot stated in the agreement—
Effective dateAugust 2, 2026Effective this the 2 day of Ausf , 2026.8
SignatoryJack GrossEXECUTED THIS 2.9 day of August _,2026, by Jack Gross _, Owner8
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 0014735 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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