The Abatement RegisterMontgomeryAgreement 0005564
Texas Chapter 380 / 381 agreement · Montgomery

Montgomery County Municipal Utility District No. 123

Agreement 0005564, filed with the Texas Comptroller by Montgomery County, Texas.

$18,800,000committed capital investment
50%of Taxable Value Increment abated
December 2024performance deadline
The obligation

What the contract requires.

“The District and the County will use their best efforts to complete construction within 24 months after the Project engineer is authorized to advertise for bids. As such, the anticipated completion date for Segment 1 is December 2024.”Executed agreement, p. 4
“$18,800,000”Executed agreement, p. 16
Abatement schedule · Taxable Value Increment · p. 3

What was abated, and for how long.

50%August 31, 2024

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. 123Montgomery County Municipal Utility District No. 123 (the "District"), being a body corporate and politic and a governmental agency of the State of Texas1
Parent / guarantorSR Superior LLC"Developer" means SR Superior LLC, a Wisconsin limited liability company, its subsidiaries, affiliates, successors and assigns.3
InstrumentAgreement for the Financing and Construction of Road ImprovementsThis Agreement for the Financing and Construction of Road Improvements (this “Agreement’”)1
Governing chapterNot stated in the agreement—
Capital investment$18,800,000$18,800,00016
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage8,200 acresThis Area of Benefit encompasses approximately 8,200 acres2
Performance deadlineDecember 2024The District and the County will use their best efforts to complete construction within 24 months after the Project engineer is authorized to advertise for bids. As such, the anticipated completion date for Segment 1 is December 2024.4
Expiration2051Term. This Agreement will be in full force and effect until the earlier of: (i) the date on which all Road Improvement Costs have been paid in full by the County, or (ii) thirty (30) years from the date of this Agreement.8
Effective date2021the Agreement dated effective , 2021 (the "Agreement")19
SignatoryQGmicy F1stename-QGmicy F1ste15
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 0005564 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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