Gruma Corporation dba Mission Foods

Agreement 0001746, filed with the Texas Comptroller by City of Grand Prairie.

$1,000,000committed capital investment

75%of Added Taxable Business Personal Property Improvement Value abated

The obligation

What the contract requires.

“the total taxable value for property tax purposes of the Business Personal Property located on the Premises increasing by not less than $1,000,000.00”Executed agreement, p. 2

The repayment remedy

What happens if it is not met.

“Company shall repay the grants herein and any other funds received from City as of the date of such violation within 120 days after the date Company is notified by City of such violation, plus interest at the rate of 6% compounded annually from the date of violation until paid.”Executed agreement, p. 6

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · Added Taxable Business Personal Property Improvement Value · p. 2

What was abated, and for how long.

75%7 years

A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	City of Grand Prairiethe City of Grand Prairie, a Texas home rule city and municipal corporation (“City”)	1
Contracting entity	Gruma Corporation dba Mission FoodsGruma Corporation dba Mission Foods (“Company”)	1
Parent / guarantor	Gruma Grand Prairie, LLCinclude Gruma Grand Prairie, LLC as an owner and operator of ad valorem tangible business personal property improvements	12
Instrument	Chapter 380 AgreementA RESOLUTION OF THE CITY OF GRAND PRAIRIE, TEXAS, TO ENTER INTO A CHAPTER 380 AGREEMENT FOR ECONOMIC DEVELOPMENT INCENTIVES	8
Governing chapter	Chapter 380, Local Government CodeRECITALS: WHEREAS, City is authorized by Article II, Section 52-a of the Texas Constitution and Texas Local Government Code Chapter 380 to provide economic development grants to promote local economic development and to stimulate business and commercial activity in City;	—
Capital investment	$1,000,000the total taxable value for property tax purposes of the Business Personal Property located on the Premises increasing by not less than $1,000,000.00	2
Grant or incentive	Not stated in the agreement	—
Jobs committed	Not stated in the agreement	—
Wage requirement	Not stated in the agreement	—
Square footage	775,094+a new 775,094+ square foot light industrial building	1
Acreage	Not stated in the agreement	—
Performance deadline	Not stated in the agreement	—
Expiration	January 1, 2026The seven (7) year term of the grant herein, beginning on January 1, 2019, is the “Property Tax Grant Term.”	2
Effective date	February 19, 2019the 19th day of February, 2019 (the "Effective Date")	1
Signatory	Elizabeth OdomPrinted Name: Elizabeth Odom	7
Chain status	Terminal document — no later agreement in the registry names this one as its predecessor	—

How to check this page

Every line above is in the contract.

Agreement 0001746 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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