Peak Rentals, LLC

Agreement 0010596, filed with the Texas Comptroller by City of Gainesville, Texas.

40%of Sales and/or Use Tax Receipts abated

January 1, 2027performance deadline

The obligation

What the contract requires.

“hire and maintain 15 employees by January 1, 2027”Executed agreement, p. 7

The repayment remedy

What happens if it is not met.

“THE COMPANY SHALL BE RESPONSIBLE FOR THE REPAYMENT OF ANY USE TAX GRANTS PAID TO THE COMPANY HEREIN BY THE CITY THAT INCLUDES USE TAX RECEIPTS THAT THE STATE OF TEXAS HAS DETERMINED WERE PAID ERRONEOUSLY”Executed agreement, p. 8

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 · Sales and/or Use Tax Receipts · p. 4

What was abated, and for how long.

40%quarterly

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.

Field	Value & quoted source	Page
Granting body	City of Gainesville, TexasA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GAINESVILLE, TEXAS, AUTHORIZING THE MAYOR TO EXECUTE ON BEHALF OF THE CITY OF GAINESVILLE, TEXAS, A CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT FOR SALES TAX REBATE WITH PEAK RENTALS, LLC.	1
Contracting entity	Peak Rentals, LLCA CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT FOR SALES TAX REBATE WITH PEAK RENTALS, LLC.	1
Parent / guarantor	Not stated in the agreement	—
Instrument	Sales Tax RebateA CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT FOR SALES TAX REBATE WITH PEAK RENTALS, LLC.	1
Governing chapter	Chapter 380, Local Government Code12-17-2024A A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GAINESVILLE, TEXAS, AUTHORIZING THE MAYOR TO EXECUTE ON BEHALF OF THE CITY OF GAINESVILLE, TEXAS, A CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT FOR SALES TAX REBATE WITH PEAK RENTALS, LLC.	—
Capital investment	Not stated in the agreement	—
Grant or incentive	Not stated in the agreement	—
Jobs committed	15 the quoted sentence states no obligationhire and maintain 15 employees by January 1, 2027	7
Wage requirement	Not stated in the agreement	—
Square footage	Not stated in the agreement	—
Acreage	Not stated in the agreement	—
Performance deadline	January 1, 2027hire and maintain 15 employees by January 1, 2027	7
Expiration	December 31, 2029The final Grant Period for the initial five (5) year term of the Agreement would end on December 31, 2029.	3
Effective date	January 1, 2025For illustration purposes, assume the Effective Date is January 1, 2025	3
Signatory	Lisa CurryName: Z/SAl CUBR	15
Chain status	Terminal 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 0010596 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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