The Abatement RegisterMontgomeryAgreement 0003348
Texas Chapter 380 / 381 agreement · Montgomery

Montgomery County Municipal Utility District No. 131

Agreement 0003348, filed with the Texas Comptroller by Montgomery County, Texas.

$16,904,600committed capital investment
$79,227,000.00grant or incentive
The obligation

What the contract requires.

“Crossing Improvements, Bridges and Culverts $16,904,600”Executed agreement, p. 16
Abatement schedule · Road Improvement Costs

What was abated, and for how long.

—August 31, 2020

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. 131Montgomery County Municipal Utility District No. 131 (the "District")1
Parent / guarantorAudubon Magnolia Development, LLCAudubon Magnolia Development, LLC (the "Developer"), successor in interest to Magnolia 1138, Ltd. and 1488 Corp.1
InstrumentAgreement for the Financing and Construction of Road ImprovementsAGREEMENT FOR THE FINANCING AND CONSTRUCTION OF ROAD IMPROVEMENTS1
Governing chapterChapter 381, Local Government Codeewalks, bicycle lanes, pedestrian improvements, traffic improvements, traffic control devices, safety enhancements, signage, bridges, drainage, lighting, streetscape, and beautification improvements (collectively, the "Road Improvements") and the estimated costs therefor are more fully described on Exhibit "A" and depicted on Exhibit "B" attached hereto and incorporated herein, in accordance with —
Capital investment$16,904,600Crossing Improvements, Bridges and Culverts $16,904,60016
Grant or incentive$79,227,000.00Reimbursement Cap" means Seventy Nine Million, Two Hundred Twenty Seven Thousand and No/100 ($79,227,000.00).3
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineNot stated in the agreement—
Expirationthirty (30) years from the date of this Agreementthirty (30) years from the date of this Agreement7
Effective date2018the District dated effective , 2018 (the "Agreement")22
SignatoryPeter MainguyPeter Mainguy, Assistant Secretary Board of Directors15
Chain statusSuperseded by agreement 0005563—
How to check this page

Every line above is in the contract.

Agreement 0003348 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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