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Economic Development Incentive Agreements
| Resolution / Date | Term | Company | Physical Address | Company Obligations: Capital Investments / Improvements / Jobs | Incentive / Grant Payment |
| 2005-166R / November 1, 2006 (PDF) |
2007-2012 | Prime Outlets | 3939 IH 35 | $46000000/Phase 2: 73,000 sq. ft. retail store and office space./N/A | Not to exceed $3,000,000 in sales tax rebates |
| 2007-150R / August 21, 2007 (PDF) | 5 years | Stone Creek Crossing | IH 35 | $3311000 /Develop 119.2 acres fronting IH-35 as a retail development / N/A | 100% increased Ad Valorem Tax Rev greater than 2007 Ad Valorum. Not to exceed $2M |
| 2008-44R / February 18, 2008 (PDF) | 2009-2013 | Clovis Barker Business Park | 1600 Clovis Barker Business Park | $5.95M/Construction 3 Buildings -distribution/warehouse facilities Building 1 -64,260 Sq Ft Building 2 - 84,640 Building 3 - 148,900 /N/A |
Tax Abatement 50% taxable value 2009-2010 25% taxable value 2011-2013 |
| 2008-170R / December 16, 2008 (PDF) |
2008-2029 | HEB Grocery | HEB Distribution Center- 2301 Hunter Road | $2.0M/phase (6 phases)/ Acquisition of 47.5 acres. Build up to 750,000 square feet of distribution warehouse space in one or multiple phases / 320 new FT positions, in phases estimated total payroll of $16,260,707 |
100% of Ad Valorem revenue of the value of qualified building improvement. |
| 2012-33R / April 17, 2012 (PDF) | 6 years after completion of Building 1 | Hay County Developer | 1251 Sadler Dr | N/A / Construction 3 Class A Med/Prof Buildings of 18,000 Sq Ft each Ph 1 - June 1, 2012 Ph 2 - October 1, 2013 Ph 3 - March 1, 2015 / N/A |
Building 1 - 100% ad valorem real property taxes Building 2 - 75% ad valorem real property taxes Building 3 - 50% ad valorem real property taxes |
| 2013-154R / October 2, 2013 (PDF) |
10/2013 - 11/2014 | Mensor Corp | 201 Barnes Dr. | N/A / Build a new 45,000 sq ft building adjacent existing 26,000 building / N/A | Waiver of sidewalk standards under LDC |
| 2013-172R / November 19, 2013 (PDF) | November 19, 2013 - Date of 3rd Payment | Clovis Barker Business Park | 1600 Clovis Barker | $5.95M / Build 2 Buildings 67,670 and 94,800 Sq Ft= total 162,000 Sq Ft / N/A | 1st year - 100% Real Property Tax 2nd Year 75% 3rd Year 50% |
| 2013-175R / November 25, 2013 (PDF) |
2013-2024 | Corvac Composites | 2350 Clovis Barker | $3.65M / Lease 100,000 Sq Ft Facility by February 1, 2014 Complete improvements by March 31, 2014 / N/A | 80% Property Tax |
| 2014-170R / December 16, 2014 (PDF) | 2016-2025 | Epic Piping | 2301 N IH 35 | N/A / Relocate the companies manufacturing facility to the former Butler Mfg facility / 140 jobs by December 31, 2016 70 jobs each subsequent year until 2019 mini 210 jobs December 31, 2017 mini 280 jobs December 31, 2018 Total jobs - 350 December 31, 2019 |
80% of Additional Prop Taxes |
| 2015-94R / July 21, 2015 (PDF) | 2015-2036 | Amazon.com | 1401 McCarty Lane | $60M Capital Invt $131M Pers Property / 855,000 Sq Ft building warehouse and distribution space / Min. 350 jobs by December 31, 2017 Maintained for term. Aggregate payroll approximately $11,284,000 |
40% real property taxes 85% personal property taxes 15%-85% sales tax revenues (incrementally) |
| 2015-91R / July 21, 2015 (PDF) | 10 years from initial grant payment request | Springtown Shopping Center | IH 35, Springtown Way and Thorpe | $27.5M Capital Invt $7M Tenant Capital Invt / Redevelop site as a "Class A" retail shopping center / N/A | Based on additional property and sales taxes Declining scale from year 1 to year 10 Ex: year 1 - 100% Prop Taxes and 90% Sales Taxes year 10 - 20% Prop Taxes and 20% Sales Taxes Grant payments subject to reduction if Cap Invt is less than $27M |
| 2015-93R / July 21, 2015 (PDF) | 2016-2025 | Tanger Properties | IH 35 and Centerpoint | $6M Additional Retail Space $2.11M Additional Enhancements / Redevelop site 24,000 square foot new retail space / N/A | 75% additional real property taxes within site 75% additional sales taxes within site Subject to reductions if tenants relocate Grant Payments not to exceed $2.5M |
| 2016-112R / August 16, 2016 (PDF) | 2017-2026 | BestBuy.com | 900 Bugg Lane | N/A / Occupy ~10,000 square feet existing call-center space / 50 "Jobs" by 2020 (>30 hours per week, minimum wage of $15 per hour, including health insurance) | 50% of personal property tax revenue 75% of sales tax revenue |