Agreement 0005374, filed with the Texas Comptroller by COUNTY OF EL PASO, TEXAS.
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| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | COUNTY OF EL PASO, TEXASCOUNTY OF EL PASO, TEXAS (“COUNTY”), a political subdivision of the State of Texas | 1 |
| Contracting entity | CENTER AT ZARAGOZA, LLC, a Colorado Limited Liability Company authorized to do business in Texas, and EAST EL PASO SNF, LLC, a Colorado Limited Liability Company authorized to do business in TexasCENTER AT ZARAGOZA, LLC, a Colorado Limited Liability Company authorized to do business in Texas, and EAST EL PASO SNF, LLC, a Colorado Limited Liability Company authorized to do business in Texas | 1 |
| Parent / guarantor | Veritas Management GroupVeritas Management Group Attn: Monte Murdock [email protected] 9208 Grand Cordera Parkway, Colorado Springs, CO 80924 | 12 |
| Instrument | Chapter 381 Economic Development Program AgreementThis Chapter 381 Economic Development Program Agreement (“Agreement”) is made and entered into by and between the COUNTY OF EL PASO, TEXAS (“COUNTY”), a political subdivision of the State of Texas, and CENTER AT ZARAGOZA, LLC, a Colorado Limited Liability Company authorized to do business in Texas, and EAST EL PASO SNF, LLC, a Colorado Limited Liability Company authorized to do business in Texas; | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> Dock Z0LGO4SE7S STATE OF TEXAS ) ) CHAPTER 381 ECONOMIC DEVELOPMENT COUNTY OF EL PASO _ ) PROGRAM AGREEMENT This Chapter 381 Economic Development Program Agreement (“Agreement”) is made and entered into by and between the COUNTY OF EL PASO, TEXAS (“COUNTY”), a political subdivision of the State of Texas, and CENTER AT ZARAGOZA, LLC, a Colorado Limited Liability Company authorized to d | — |
| Capital investment | $20,900,000.00Minimum Investment: Means those costs incurred by COMPANIES or third parties for the improvements of the land and the building and construction or furnishing for the Development, to include cash and in-kind contributions in an amount no less than [TWENTY MILLION, NINE HUNDRED THOUSAND, and 00/100 DOLLARS ($20,900,000.00)] | 3 |
| Grant or incentive | $416,965.71Grant. Means each annual reimbursement of property taxes made to COMPANIES under the terms of this Agreement computed Property Tax Rebate, which in no event shall exceed [FOUR HUNDRED SIXTEEN THOUSAND, NINE HUNDRED SIXTY-FIVE AND 71/100 DOLLARS ($416,965.71)] over the Term of the Agreement. | 3 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 67,173 square feetProperty. Means approximately 67,173 square feet of building and 204,732 square feet of real property located approximately at the corner of Pebble Hills and North Zaragoza Road and more specifically described in EXHIBIT A. | 3 |
| Acreage | 4.4501 acresSaid parcel of land containing 4.4501 acres (197,766.90 sq. ft.) of land, more or less. | 17 |
| Performance deadline | Not stated in the agreement | — |
| Expiration | Not stated in the agreement | — |
| Effective date | Not stated in the agreement | — |
| Signatory | George LowenBy:__ e¥Gz7.2 x<oy0n Name; ‘2. > (00LK/ Title: A2ustee | 15 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Development. Means the construction of a skilled nursing facility that will encompass three stories and include eighty (80) private patient suites, a physical rehabilitation gym, full service kitchen, dining area, activity areas, and administrative offices. Landscape features will include outdoor dining and therapy spaces as more fully described in EXHIBIT B, which is attached hereto and incorporated herein for all purposes.
Agreement 0005374 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.
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.