The Abatement RegisterGarlandAgreement 0011280
Texas Chapter 380 / 381 agreement · Garland

Trilogy - BRD Acquisitions, LLC

Agreement 0011280, filed with the Texas Comptroller by City of Garland.

$150,000,000.00committed capital investment
$3,400,000.00grant or incentive
100%of Development Fees abated
December 31, 2030performance deadline
The obligation

What the contract requires.

“Developer must have at least one Building Final issued for a single-family home for the Development by December 31, 2030”Executed agreement, p. 5
“initial capital investment of approximately one hundred fifty million ($150,000,000.00)”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“the Developer shall repay the amount of the Incentive paid to and received by Developer from and by the City as of the date of such violation within 120 business days after the date the Developer is notified by the City of such violation, plus interest at the rate of 6% compounded annually from the date of violation until paid.”Executed agreement, p. 11

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 · Development Fees · p. 7

What was abated, and for how long.

up to one hundred percent (100%)annually beginning in 2027 for tax year 2026

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 GarlandCity of Garland, a Texas home-rule municipality1
Contracting entityTrilogy - BRD Acquisitions, LLCTrilogy - BRD Acquisitions, LLC, a Delaware limited liability company1
Parent / guarantorTrilogy Investment Company, LLCTrilogy Investment Company, LLC 6260 Avalon Blvd Alpharetta, GA 3000910
InstrumentEconomic Development grantan agreement by the City to provide an Economic Development grant to the Developer1
Governing chapterChapter 380, Local Government Coderecitals are true and correct and that the same is a material part of this Agreement: WHEREAS, the City desires to further the public interest and welfare and to induce the investment of private resources in productive business enterprises located within the City that will increase tax revenue and promote or develop new business enterprises through Economic Development Agreements as authorized by —
Capital investment$150,000,000.00initial capital investment of approximately one hundred fifty million ($150,000,000.00)1
Grant or incentive$3,400,000.00maximum reimbursement of Three Million Four Hundred Thousand Dollars and No Cents ($3,400,000.00)2
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage178.1836 acresapproximately 178.1836 acres at 3000 S. Country Club Road1
Performance deadlineDecember 31, 2030Developer must have at least one Building Final issued for a single-family home for the Development by December 31, 20305
ExpirationDecember 31, 2036terminate either upon the complete performance by the Parties of all obligations and conditions within this Agreement or on December 31, 2036, whichever is first.3
Effective dateNot stated in the agreement—
SignatoryJohn BonifaceJohn iface, Authorized Signatory12
Chain statusSuperseded by agreement 0013769—
How to check this page

Every line above is in the contract.

Agreement 0011280 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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