Agreement 0006734, filed with the Texas Comptroller by Fort Bend County, Texas.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | Fort Bend County, TexasFort Bend County, Texas, a political subdivision of the State of Texas (the “County”) | 1 |
| Contracting entity | Parkway Lakes Master, Ltd.Parkway Lakes Master, Ltd., a Texas limited partnership (the “Developer”) | 1 |
| Parent / guarantor | Coastal Rim Development, Inc.By: Coastal Rim Development, Inc, its General Partner | 17 |
| Instrument | Economic Development AgreementECONOMIC DEVELOPMENT AGREEMENT | 1 |
| Governing chapter | Chapter 381, Local Government Codeand WHEREAS, pursuant to Article IIL, Section 52-a of the Texas Constitution and Chapter 381 of the Texas Local Government Code, as amended, the County may make economic development grants from any legally available funds; | — |
| Capital investment | $13,972,692Note (2): Total County share of $13,972,692 plus estimated $14 Million in interest contribution | 30 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 250,000 square feetDeveloper (and other sales tax generating retailers) have not constructed at least an additional 150,000 square feet (for a total of 250,000 square feet) | 6 |
| Acreage | approximately 260-acrescertain tracts of land totaling approximately 260-acres in Fort Bend County | 1 |
| Performance deadline | seven (7) years from the Effective Datewithin seven (7) years from the Effective Date of this Agreement | 6 |
| Expiration | May 15, 2042this Agreement shall cease on May 15, 2042 | 6 |
| Effective date | May 2019entered into on this AZ" day of nhey 2019 (the “Effective Date”) | 1 |
| Signatory | Robert B. Ferguson, Sr.Robert B. Ferguson, St., President | 17 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0006734 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.