Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts
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Glenn Hegar
Texas Comptroller of Public Accounts
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Comptroller’s Online Chapter 380-381 Economic Development Agreements Database

Note: For agreements that do not have a set expiration date, the expiration date will show as 12/31/2078. All information has been provided by local governments. Only agreements that are or were active as of Sept. 1, 2021, when HB 2404 went into effect or agreements that have been entered into, amended or renewed since then are required to be reported to the database.

Williamson

Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.

About This Local Government

Local government type: County
Local government code: 0005237
Type of agreement: New

Record filed: 04/29/2022 04:18


Address of Local Government

Address
710 South Main Street, Suite 301
Georgetown, TX 78626


Contact information for officer/other person representing the local government

Bill Gravell, Jr
County Judge
512-943-5150 
ctyjudge@wilco.org


Entity Information

Entity Name: Lone Star Tangible Assets, L.P
Assumed Name of the Entity:
Business Address of Entity:
Entity Contact Phone Number:
Entity Contact Email:


Agreement Information

Effective Date of Agreement: 11/16/2017
Expiration Date of Agreement: 11/16/2025
Counties that the agreement affects:
Total Monetary Value of Agreement:
Terms on Which Agreement Expires:
Source of Money Used or Type of Tax Implicated By the Agreement:


Agreement Information

Agreement Number: 0005237

Purpose of Agreement

The intent of this agreement is to construct a building and other improvement on 10 acres in the City of Leander and increase the taxable value by ~$10M, increase economic development, and provide for health, safety, and welfare of its citizens. Lone Star Tangible Asset agrees to create up to 160 Full-Time equivalent positions. Williamson County agrees to reimburse 50% of Real Property Ad Valorem Taxes and 100% of Personal Property Ad Valorem Taxes.


Copy of the agreement
Previous Agreement Number:

Contact information for person submitting agreement to database

Officer Name: Andrea Bigon
Officer Title: Accountant II
Phone Number: 512-943-1574 
Email: andrea.bigon@wilco.org