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.
Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.
Local government type: County
Local government code: 0005320
Type of agreement: New
Record filed: 04/30/2022 11:09
P.O. Box 1748
Austin, TX 78701
HID Global Corporation
Effective Date of Agreement: 10/01/2012
Expiration Date of Agreement: 12/31/2025
Counties that the agreement affects:
Agreement Number: 0005320
Rebate. Payment Term, defined as 1/1/16-12/31/25, shall be computed as an amount equal to 40% of the excess of the Payment Year Ad Valorem Taxes paid on Eligible Property of the Base Year Ad Valorem Taxes paid on Eligible Property. The grant percentage is subject to adjustments contained within the Agreement. Minimum investment. $36,000,000 for New Improvements and New Machinery and Equipment. Location. The project must be located at a specific location Ownership and Use. Property must be owned by the Company or its Affiliate and used for the Company’s Center. MWBE Requirements. Good f