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Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts

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 2402 went into effect or agreements that have been entered into, amended or renewed since then are required to be reported to the database.

Travis

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: 0005313
Type of agreement: New

Record filed: 04/30/2022 09:36


Address of Local Government

Address
P.O. Box 1748
Austin, TX 78701


Contact information for officer/other person representing the local government

Andy Brown
County Judge
512-854-9555 
PBO-OpenRecords@traviscountytx.gov


Entity Information

Charles Schwab & Co., Inc.


Agreement Information

Effective Date of Agreement: 08/14/2014
Expiration Date of Agreement: 12/31/2027
Counties that the agreement affects:


Agreement Information

Agreement Number: 0005313

Purpose of Agreement

Location. The Project must be located at a specific location within the City of Austin's Desired Development Zone. Ownership and Use. The Company or its affiliate must retain ownership of the land and improvements no later than 12/31/14. A change in ownership may occur with proper notice. Construction and Required Investment. Over the course of two phases, a minimum investment of $197,142,652 for new improvements and new machinery must be made no later than 12/31/2023. Annual Grant Payment. For the Payment Term, defined as 1/1/18-12/31/27, the Grant Payment shall be computed as 48.5% o


Copy of the agreement
Previous Agreement Number:

Contact information for person submitting agreement to database

Christy Moffett
Director, Economic Development & Strategic Investments
512-854-1161 
christy.moffett@traviscountytx.gov