The Abatement RegisterArlingtonAgreement 0010646
Texas Chapter 380 / 381 agreement · Arlington

Pershing Development LLC

Agreement 0010646, filed with the Texas Comptroller by City of Arlington.

$1,550,000committed capital investment
$1,550,000grant or incentive
December 31, 2027performance deadline
The obligation

What the contract requires.

“Complete construction of the Development by no later than December 31, 2027”Executed agreement, p. 6
“Up to One Million, Five Hundred and Fifty Thousand and 00/100 Dollars ($1,550,000) in reimbursement for verified costs of Demolition and/or of constructing the Public Improvements”Executed agreement, p. 7
The remedy

What the contract says happens.

“In the event DEVELOPER fails to satisfy the Conditions and Requirements outlined in Sections [V.D, IV.E, IV.F, IV.G, and/or IV.H, and fails to timely cure in accordance with Section [X.B., DEVELOPER shall transfer the PREMISES to CITY for zero dollars ($0.00) via special warranty deed”Executed agreement, p. 10

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.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyCity of ArlingtonA resolution authorizing the execution of TIRZ Chapter 380 Grant Agreement by and between Pershing Development LLC, the City of Arlington, and the Board of Directors of Tax Increment Reinvestment Zone Number One, City of Arlington, Texas-Downtown1
Contracting entityPershing Development LLCA resolution authorizing the execution of TIRZ Chapter 380 Grant Agreement by and between Pershing Development LLC, the City of Arlington, and the Board of Directors of Tax Increment Reinvestment Zone Number One, City of Arlington, Texas-Downtown1
Parent / guarantorNot stated in the agreement—
InstrumentTIRZ Chapter 380 Grant AgreementA resolution authorizing the execution of TIRZ Chapter 380 Grant Agreement by and between Pershing Development LLC, the City of Arlington, and the Board of Directors of Tax Increment Reinvestment Zone Number One, City of Arlington, Texas-Downtown1
Governing chapterChapter 380, Local Government Code24-357 A resolution authorizing the execution of TIRZ Chapter 380 Grant Agreement by and between Pershing Development LLC, the City of Arlington, and the Board of Directors of Tax Increment Reinvestment Zone Number One, City of Arlington, Texas-Downtown Pershing Development LLC, (“Developer”) plans to acquire 1.146 acres of real property located on Dugan Street in downtown Arlington, Texas (“Premi—
Capital investment$1,550,000Up to One Million, Five Hundred and Fifty Thousand and 00/100 Dollars ($1,550,000) in reimbursement for verified costs of Demolition and/or of constructing the Public Improvements7
Grant or incentive$1,550,000Up to One Million, Five Hundred and Fifty Thousand and 00/100 Dollars ($1,550,000) in reimbursement for verified costs of Demolition and/or of constructing the Public Improvements7
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage1.146 acresPershing Development LLC, (“Developer”) plans to acquire 1.146 acres of real property located on Dugan Street in downtown Arlington, Texas4
Performance deadlineDecember 31, 2027Complete construction of the Development by no later than December 31, 20276
ExpirationDecember 31, 2038Upon the expiration of the term of the TIRZ on December 31, 2038, or any subsequently extended date8
Effective dateNot stated in the agreement—
SignatoryEdward ManuelName: Edward Manuel14
Chain statusSuperseded by agreement 0014640—
How to check this page

Every line above is in the contract.

Agreement 0010646 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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