The Abatement RegisterAthensAgreement 0010756
Texas Chapter 380 / 381 agreement · Athens

JAB REALTY INVESTMENTS, LLC

Agreement 0010756, filed with the Texas Comptroller by CITY OF ATHENS, TEXAS.

August 31, 2025performance deadline
The obligation

What the contract requires.

“Developer covenants and agrees to make a capital investment of not less than One-Million ($1,000,000) towards the Project by August 31, 2025”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“In the event Developer defaults and is unable or unwilling to cure said default within the prescribed time period, the aggregate total of all financial assistance provided by the City to Developer pursuant to Section 5 of this Agreement, shall become immediately due and payable by Developer to the City.”Executed agreement, p. 5

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 · necessary infrastructure for Cardinal Estates Subdivision

What was abated, and for how long.

—Phase 1
—Phase 2

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.

FieldValue & quoted sourcePage
Granting bodyCITY OF ATHENS, TEXASCITY OF ATHENS, TEXAS, a Texas home-rule municipality (“hereinafter referred to as the “City”)1
Contracting entityJAB REALTY INVESTMENTS, LLCJAB REALTY INVESTMENTS, LLC, a Texas limited liability company (hereinafter referred to as “Developer”)1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 380 Economic Development Program and AgreementThis CHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> CITY OF ATHENS, TEXAS AND JAB REALTY INVESTMENTS, LLC CHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT This CHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT (hereinafter referred to as the “Agreement”) is made and entered into by and between the CITY OF ATHENS, TEXAS, a Texas home-rule municipality (“hereinafter referred to as the “City”), and JAB REALTY INVESTMENTS, LLC, —
Capital investmentNot stated in the agreement—
Grant or incentiveOne Hundred Twenty-Five Thousand Dollars ($125,000)City shall pay Developer One Hundred Twenty-Five Thousand Dollars ($125,000) upon the final completion, acceptance, and release of all liens for the necessary infrastructure for Cardinal Estates Subdivision4
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage7.69 ACRES7.69 ACRES11
Performance deadlineAugust 31, 2025Developer covenants and agrees to make a capital investment of not less than One-Million ($1,000,000) towards the Project by August 31, 20253
ExpirationDecember 31, 2028shall continue thereafter until December 31, 2028, unless terminated sooner under the provisions hereof.2
Effective dateNot stated in the agreement—
SignatoryEdgar BobadillaEdgar Bobadilla, President10
Chain statusSuperseded by agreement 0013444—
Parcels · p. 12
R4738 · R4739
How to check this page

Every line above is in the contract.

Agreement 0010756 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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