The Abatement RegisterWacoAgreement 0010885
Texas Chapter 380 / 381 agreement · Waco

Tru Jamaica, LLC, 937T, LLC

Agreement 0010885, filed with the Texas Comptroller by CITY OF WACO.

$325,000.00committed capital investment
$150,000grant or incentive
seven employeespermanent jobs committed
April 30, 2025performance deadline
The obligation

What the contract requires.

“Grantee will Substantially Complete the Project on or before April 30, 2025 (the “Substantial Completion Date’).”Executed agreement, p. 3
“The restaurant must have employees actively engaged in its operations. This includes maintaining a minimum of seven employees”Executed agreement, p. 14
“Grantee will make an investment in the Property of at least $325,000.00 in real and personal property improvements”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“If this Agreement is terminated as a result of default, whether a general default under this Section 5.05, or a default under Sections 5.01 through 5.04, Grantee will repay to the City all Grant and Loan amounts or a portion of the Grant or Loan, as required by the specific default.”Executed agreement, p. 7

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 · Loan

What was abated, and for how long.

—five years

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 WACOCITY OF WACO, a Texas home rule city and municipal corporation ("City")1
Contracting entityTru Jamaica, LLC, 937T, LLCTru Jamaica, LLC, a Texas limited liability company and 937T, LLC, a Texas limited liability company (collectively referred to as “Grantee’’)1
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development AgreementECONOMIC DEVELOPMENT AGREEMENT1
Governing chapterChapter 380, Local Government Codeectively as the “Parties” and individually as a “Party.” BACKGROUND In order to provide for business investment in areas in need of revitalization which results in the creation of new jobs, new income, and provide for positive economic growth and economic stabilization beneficial to the City as a whole, the City desires to enter into this Agreement with Grantee for economic incentives pursuant to —
Capital investment$325,000.00Grantee will make an investment in the Property of at least $325,000.00 in real and personal property improvements3
Grant or incentive$150,000This City will pay to Grantee a cash grant in the amount of $150,000 (the “Grant”)4
Jobs committedseven employeesThe restaurant must have employees actively engaged in its operations. This includes maintaining a minimum of seven employees14
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineApril 30, 2025Grantee will Substantially Complete the Project on or before April 30, 2025 (the “Substantial Completion Date’).3
Expirationtenth anniversary of the Substantial Completion Date“Expiration Date” means the tenth anniversary of the Substantial Completion Date.2
Effective dateFebruary 28 2025effective as of February 28 2025 (the “Effective Date”)1
SignatoryAniceto CharlesName: Aniceto Charles12
Chain statusSuperseded by agreement 0012668—
How to check this page

Every line above is in the contract.

Agreement 0010885 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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