The Abatement RegisterDallasAgreement 0003114
Texas Chapter 380 / 381 agreement · Dallas

Epic Dallas Hotel, LP

Agreement 0003114, filed with the Texas Comptroller by Dallas County.

90%of real property abated
January 1, 2021performance deadline
The obligation

What the contract requires.

“effective no later than January 1, 2021”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“all taxes which otherwise would have been paid to the County without the benefit of the Tax Abatement, including interest and penalties thereon (“Recapture Liability’), will become a debt to the County”Executed agreement, p. 9

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 · real property · p. 7

What was abated, and for how long.

90%10 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.

FieldValue & quoted sourcePage
Granting bodyDallas CountyDallas County, Texas (“County’), a political subdivision of the State of Texas duly acting by and through its Commissioners Court4
Contracting entityEpic Dallas Hotel, LPEpic Dallas Hotel, LP, a Texas limited partnership (“Qwner’), duly acting by and through its authorized officers4
Parent / guarantorEpic Dallas Hotel GP, LLCBy: EPIC DALLAS HOTEL GP, LLC A Texas corporation — General Partner15
Instrumenttax abatementthe provision of a ten-year, 90% tax abatement on real property1
Governing chapterChapter 312, Tax Code, and Chapter 381, Local Government Codeacting by and through its authorized officers for the purposes and considerations stated below: WITNESSETH: WHEREAS, the County has adopted a Tax Abatement Policy (“Policy”), by the passage of Dallas County Commissioners Court Order 2017-0035 on the 3rd day of January, 2017, that contains the guidelines and criteria used to determine the provision of tax abatement assistance from the County under —
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage96,000-square-footconstruct a 96,000-square-foot structure that will connect with it2
Acreage1.137 acrescontaining 1.137 acres or 49,545 square feet of land16
Performance deadlineJanuary 1, 2021effective no later than January 1, 20211
ExpirationJanuary 1, 2031The Tax Abatement provided under this Agreement is for a period of ten (10) years and will begin no later than January 1, 20217
Effective dateAugust 7, 2018This Tax Abatement Agreement (“Agreement’) is made and entered into as of the 7th day of August , 20184
SignatoryJoseph G. BeardJoseph G. Beard President15
Chain statusTerminal 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 0003114 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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