Agreement 0010909, filed with the Texas Comptroller by City of Rockwall, 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.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | City of Rockwall, TexasCity of Rockwall, Texas, a Texas home-rule municipality (the “City”) | 1 |
| Contracting entity | IKEA Property, Inc.IKEA Property, Inc., a Delaware corporation (“IKEA”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | CHAPTER 380 ECONOMIC DEVELOPMENT AND PERFORMANCE AGREEMENTCHAPTER 380 ECONOMIC DEVELOPMENT AND PERFORMANCE AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government CodeCHAPTER 380 ECONOMIC DEVELOPMENT AND PERFORMANCE AGREEMENT This CHAPTER 380 ECONOMIC DEVELOPMENT AND PERFORMANCE AGREEMENT (“Agreement”) is entered into by and between the City of Rockwall, Texas, a Texas home-rule municipality (the “City”), Rockwall Economic Development Corporation, a Texas Type A development corporation (the “REDC’), and IKEA Property, Inc., a Delaware corporation (“IKEA”) (the | — |
| Capital investment | $20,000,000Minimum Investment $20,000,000 | 5 |
| Grant or incentive | ELEVEN MILLION, FIVE HUNDRED TWO THOUSAND, EIGHT HUNDRED NINETY-FIVE DOLLARS ($11,502,895)total incentive package of ELEVEN MILLION, FIVE HUNDRED TWO THOUSAND, EIGHT HUNDRED NINETY-FIVE DOLLARS ($11,502,895). | 2 |
| Jobs committed | 90Minimum Employees (part time and full time) 90 | 5 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 108,000 square feetminimum of 108,000 square feet on the Property | 1 |
| Acreage | 66.025 acresapproximately 66.025 acres located within the City of Rockwall | 1 |
| Performance deadline | thirty-six (36) months from the Effective Dateopened the IKEA Store for business to the public on or before that date thirty-six (36) months from the Effective Date | 3 |
| Expiration | Not stated in the agreement | — |
| Effective date | Not stated in the agreement | — |
| Signatory | Doug GreenholzDoug Greenholz, President | 11 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0010909 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.