Agreement 0014745, filed with the Texas Comptroller by Harrison County, 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.
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.
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 | Harrison County, TexasHarrison County, Texas (hereinafter “County”). | 1 |
| Contracting entity | Eastman Circular Ventures, LLCEastman Circular Ventures, LLC, a Delaware limited liability company, (hereinafter referred to as “Company”) | 1 |
| Parent / guarantor | Eastman Chemical CompanyAffiliates. The term “Affiliates” means a subsidiary or contracted agent of Eastman Chemical Company, the parent or owner of Eastman Circular Ventures, LLC | 2 |
| Instrument | TAX ABATEMENT & ECONOMIC DEVELOPMENT AGREEMENTTAX ABATEMENT & ECONOMIC DEVELOPMENT AGREEMENT | 1 |
| Governing chapter | Chapter 312, Tax Code, and Chapter 381, Local Government Codeand WHEREAS, the Property is located in an area that has been designated as a Reinvestment Zone under Chapter 312 of the Texas Tax Code; | — |
| Capital investment | $755,000,000$755,000,000 (said investment herein called “Additional Capital Investment”) in furniture, fixtures, and equipment | 1 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | 204 recital language, not a covenantthe Company expects to employ, directly or through Affiliates, at least 204 Full-Time Employees | 1 |
| Wage requirement | $89,441$89,441 Avg Annual Salary | 22 |
| Square footage | 0 SFSpace 0 SF | 22 |
| Acreage | 300 acresapproximately 300 acres within the approximate 6,000 acres, known as the Texas Eastman Campus | 1 |
| Performance deadline | January 1, 2027 defined term, not a covenantOccupancy Date. The term "Occupancy Date" means January 1, 2027. | 3 |
| Expiration | January 31, 2040Unless earlier terminated as provided herein, the 381 Agreement shall terminate as of the earlier of the final County Improvement Rebate Payment or January 31, 2040. | 9 |
| Effective date | March 28, 2023approved by the Commissioner’s Court at their meeting on March 28, 2023. | 29 |
| Signatory | Andrew CogginsAndrew Coggins Authorized Represéntative | 16 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
four main units, including: (1) a mixed waste processing unit, (2) a methanolysis unit, (3) a polymerization unit, and (4) an intermediates unit
Agreement 0014745 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.