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.


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: 0006616
Type of agreement: Amend

Record filed: 10/03/2022 02:50

Address of Local Government

710 South Main Street, Suite 301
Georgetown, TX 78626

Contact information for officer/other person representing the local government

Bill Gravell, Jr
County Judge

Entity Information

Entity Name: Property Reserve, Inc.
Assumed Name of the Entity:
Business Address of Entity:
Entity Contact Phone Number:
Entity Contact Email:

Agreement Information

Effective Date of Agreement: 03/31/2022
Expiration Date of Agreement: 03/01/2032
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: 0006616

Purpose of Agreement

Change of Ownership from Titan Gateway35, LLC to Property Reserve, Inc. Approximately 300,000 sq. ft. of land will be used to construct a building. By the 6th anniversary date, Owner and Lessee intend to have a combined capital investment of ~ $80 million in improvements and tangible personal property. County agrees to abate 50% of the Taxable Value of the land and improvements 75% of the taxable value of the lessee's tangible personal property for 10 years. The operations of Lessee will maintain and enhance the commercial and industrial economic and employment in the Williamson County area.

Copy of the agreement
Previous Agreement Number: 0003955

Contact information for person submitting agreement to database

Officer Name: Andrea Bigon
Officer Title: Accountant II
Phone Number: 512-943-1574