The Abatement RegisterBexarAgreement 0005914
Texas Chapter 380 / 381 agreement · Bexar

305 Soledad Lot, Ltd

Agreement 0005914, filed with the Texas Comptroller by County of Bexar.

$107,072,000committed capital investment
40%of County ad valorem taxes abated
December 31, 2024performance deadline
The obligation

What the contract requires.

“all of the capital investments contemplated by this Paragraph 5.02 must be substantially complete on or before December 31,2024”Executed agreement, p. 9
“with an estimated investment of $107,072,000 in downtown San Antonio.”Executed agreement, p. 2
The repayment remedy

What happens if it is not met.

“REPAYMENT SCHEDULE Total Value of all Economic Development Grants Received: -- Shall. be e Multiplied by During the Economic Development Grant Period ” 100%"”Executed agreement, p. 11

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 · County ad valorem taxes · p. 1

What was abated, and for how long.

40%6-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 bodyCounty of Bexarbetween the County of Bexar, a political subdivision of the State of Texas (“COUNTY”)4
Contracting entity305 Soledad Lot, Ltdand 305 Soledad Lot, Ltd, a Texas limited partnership4
Parent / guarantorWeston UrbanName of parent company (if applicable): 305 Soledad Lot Ltd. Website: www.westonurban.com25
Instrument381 Grant Agreement381 Grant Agreement with 305 Soledad Lot, Ltd1
Governing chapterChapter 381, Local Government CodeWITNESSETH: WHEREAS, pursuant to the authority granted under Article 3, Section 52-a of the Texas Constitution, the Texas Legislature has determined through Section 381.004(b)(1) and (3) of the Texas Local Government Code (“Code”) that a public purpose is served by a county stimulating business and commercial activity by developing and administering a program for: state and local economic developm—
Capital investment$107,072,000with an estimated investment of $107,072,000 in downtown San Antonio.2
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage7,250 square feetThe Project will include approximately 7,250 square feet of ground floor retail space4
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2024all of the capital investments contemplated by this Paragraph 5.02 must be substantially complete on or before December 31,20249
ExpirationDecember 31, 2030The grant period begins January 1, 2025 and runs through December 31, 2030.3
Effective dateFebruary 8, 2022February 8, 2022 Economic and Community Development1
SignatoryRandal C. SmithName: Randal C. Smith16
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 27
00154 · 0170
How to check this page

Every line above is in the contract.

Agreement 0005914 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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