The Abatement RegisterMontgomeryAgreement 0003330
Texas Chapter 380 / 381 agreement · Montgomery

Montgomery County Municipal Utility District No. 180

Agreement 0003330, filed with the Texas Comptroller by Montgomery County, Texas.

2,818,180committed capital investment
$19,500,000.00grant or incentive
December 31, 2033performance deadline
The obligation

What the contract requires.

“The Road Improvements Completion Date shall be no later than December 31, 2033 unless otherwise agreed to by the County.”Executed agreement, p. 3
“Contingency 2,818,180”Executed agreement, p. 16
The remedy

What the contract says happens.

“Failure in Road Improvements Completion Date. In the event that the District fails to meet its obligation to complete the Road Improvements by the Road Improvements Completion Date in accordance with Section 3.., the County shall have, as its sole remedy, the right to suspend the Annual Payments and to receive from the District, as liquidated damages, a sum equal to the amount of all Annual Payments made to the Distr”Executed agreement, p. 8

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 · Road Improvements

What was abated, and for how long.

—August 31st of each year

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 bodyMontgomery County, TexasMontgomery County, Texas, a body corporate and politic under the laws of the State of Texas, by and through its Commissioners Court (the “County”)1
Contracting entityMontgomery County Municipal Utility District No. 180Montgomery County Municipal Utility District No. 180 (the “District”), a body corporate and politic and a governmental agency of the State of Texas1
Parent / guarantorThe Signorelli CompanyDeveloper” means The Signorelli Company, a Texas corporation, its subsidiaries, affiliates, successors, and assigns.3
InstrumentAgreement for the Financing and Construction of Road ImprovementsAGREEMENT FOR THE FINANCING AND CONSTRUCTION OF ROAD IMPROVEMENTS1
Governing chapterChapter 381, Local Government CodeGENERAL SCOPE OF THE AGREEMENT A) B) C) D) The Parties hereby agree to establish a program to finance and develop certain major thoroughfare and loop road improvements and related improvements in aid of such road improvements (the “Road Improvements”) in accordance with Chapter 381, Texas Local Government Code (“Chapter 381”), under which the County has the authority to use public funds for the pu—
Capital investment2,818,180Contingency 2,818,18016
Grant or incentive$19,500,000.00“Reimbursement Cap” with respect to Road Improvements means Nineteen Million, Five Hundred Thousand and no/100 dollars ($19,500,000.00).3
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage665.9 ACRESMAGNOLIA SPRINGS 665.9 ACRES OF LAND17
Performance deadlineDecember 31, 2033The Road Improvements Completion Date shall be no later than December 31, 2033 unless otherwise agreed to by the County.3
ExpirationNot stated in the agreement—
Effective dateSeptember 27, 2021Date: Seplewbea. ZY 202114
SignatoryHu Hain T ftikherHu Hain T ftikher , President Board of Directors15
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 18
R405118 · R325135 · R395164 · R405115 · R509329 · R395163
How to check this page

Every line above is in the contract.

Agreement 0003330 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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