Agreement 0006727, filed with the Texas Comptroller by Hays County.
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| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | Hays Countybetween Hays County, a political subdivision of the State of Texas (the “County”), and Majestic Realty Co. | 1 |
| Contracting entity | Majestic Realty Co.between Hays County, a political subdivision of the State of Texas (the “County”), and Majestic Realty Co., a Texas limited liability company (“Developer”). | 1 |
| Parent / guarantor | Walton Global Holdings, LLCThrough a joint venture arrangement with Walton Global Holdings, LLC, Developer proposes to cause the acquisition of land and construction of speculative or “spec” shell buildings | 1 |
| Instrument | Chapter 381 Economic Development Incentive Agreementthis Chapter 381 Economic Development Incentive Agreement (the “Agreement”) is entered into | 1 |
| Governing chapter | Chapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT As of the latest date reflected on the Signature Page, below (the “Effective Date”), this Chapter 381 Economic Development Incentive Agreement (the “Agreement”) is entered into between Hays County, a political subdivision of the State of Texas (the “County”), and Majestic Realty Co., a Texas limited liability company (“Developer”). | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 800,000 square feet“Building Improvements” means an estimated 800,000 square feet of new “spec” buildings located on the Land | 2 |
| Acreage | 202.2-acresa 37.99-acre tract, an 81.79-acre tract and an 82.42-acre tract, for a total of 202.2-acres of a larger 409.65-acre tract | 3 |
| Performance deadline | April 1, 2024Commencement of the first phase of Building Improvements is estimated to occur by April 1, 2024. | 4 |
| Expiration | September 5, 2032The “Term” of this Agreement shall commence on the Effective Date and continue until September 5, 2032 | 3 |
| Effective date | 10/27/2022By: tek com om 10/27/2022 Al Sorrels, Senior Vice-President DATE | 18 |
| Signatory | Al SorrelsBy: tek com om 10/27/2022 Al Sorrels, Senior Vice-President DATE | 18 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0006727 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.