Agreement 0011193, filed with the Texas Comptroller by City of Corinth, 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 Corinth, TexasCity of Corinth, Texas, a home rule municipality (the “City”), the Corinth Economic Development Corporation, a Type B corporation organized under the Development Corporation Act (Chapters 501 and 505 of the Texas Local Government Code) (the “CEDC”) | 1 |
| Contracting entity | Kairos Communities Partners, LLCKairos Communities Partners, LLC, a Texas limited liability company, or its assigns as authorized by the terms of this Agreement (the “Developer”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Incentive AgreementCHAPTER 380 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government Code<<<PAGE 1>>> Docusign Envelope ID: 8C15534C-A836-4881-9BAA-33C9C20936EE CHAPTER 380 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT This Economic Development Incentive Agreement (the “Agreement”) is made by and among the City of Corinth, Texas, a home rule municipality (the “City”), the Corinth Economic Development Corporation, a Type B corporation organized under the Development Corporation Act (Chapter | — |
| Capital investment | $45,000,000Developer intends to invest a cumulative minimum of Forty-Five Million Dollars ($45,000,000) for the Projects | 1 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 60,000-75,000 square feetplanned developments, consisting of a minimum of 60,000-75,000 square feet of commercial space | 1 |
| Acreage | +19.33 acrespurchase approximately +19.33 acres of land | 1 |
| Performance deadline | 36 monthsthe Completion of the Construction be completed on the Properties within thirty-six (36) months from the respective Commencement of Construction for the Projects | 4 |
| Expiration | August 21, 2030The term of this A greement (the “Term”’) shall begin on the Effective Date and continue until either the earlier of Completion of Construction or August 21, 2030 | 3 |
| Effective date | March 14, 2025Date:March 14, 2025 | 18 |
| Signatory | Ryan ClarkBy: Ryan Clark | 19 |
| Chain status | Superseded by agreement 0013422 | — |
Agreement 0011193 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.