Agreement 0010704, filed with the Texas Comptroller by City of Richardson, Texas.
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.
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| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | City of Richardson, TexasThis Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Richardson, Texas (the “City”), and Alamo Richardson, LLC, a Delaware limited liability company (“Company”) | 1 |
| Contracting entity | Alamo Richardson, LLCThis Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Richardson, Texas (the “City”), and Alamo Richardson, LLC, a Delaware limited liability company (“Company”) | 1 |
| Parent / guarantor | Alamo Drafthouse CinemaAttn: Chris Drazba Chief Development Officer Alamo Drafthouse Cinema 250 Dodd Lane Alpharetta, Georgia 30005 | 8 |
| Instrument | Economic Development Incentive AgreementSTATE OF TEXAS § § ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government Codeand WHEREAS, City is authorized by Article III, Section 52-a of the Texas Constitution and Texas Local Government Code Chapter 380 to provide economic development grants to promote local economic development and to stimulate business and commercial activity in City; | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | Four Hundred Thousand and No/100 Dollars ($400,000.00)City agrees to provide to Company the Grant in an amount not to exceed Four Hundred Thousand and No/100 Dollars ($400,000.00), to be paid in two (2) installments | 4 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 29,800 square feetCompany currently leases approximately 29,800 square feet of space in the Richardson Heights Shopping Center | 1 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | sixty (60) days after the Effective DateCompany shall, subject to events of Force Majeure, cause Completion of Construction of the Renovations Leased to occur no less than sixty (60) days after the Effective Date. | 6 |
| Expiration | tenth (10th) anniversary following the Commencement Date“Expiration Date” shall mean the tenth (10th) anniversary following the Commencement Date. | 3 |
| Effective date | February 4, 2025EXECUTED this the 4 day of February , 2025. | 10 |
| Signatory | Michael KustermannALAMO RICHARDSON, LLC, a Delaware limited liability company Michael Kustermann, CEO | 10 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
installation of new carpet and aisle lighting; new 4K movie projectors for all seven (7) movie auditoriums within the Cinema with required screen replacements; a Dolby Atmos immersive sound package for auditorium # 6 within the Cinema; drapery and a premium large format (“PLF”) entry for auditorium #6 within the Cinema; and related improvements to the interior of the Cinema.
Agreement 0010704 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.