Sally Holdings LLC

Agreement 0011311, filed with the Texas Comptroller by City of Plano, Texas.

$8,300,000.00committed capital investment

$2,525,000.00grant or incentive

750permanent jobs committed

June 1, 2027performance deadline

The obligation

What the contract requires.

“Company shall submit its Initial Grant Request to the City after 180 days of actual Occupancy and not later than June 1, 2027.”Executed agreement, p. 5

“transfer or create and maintain up to 750 Full-Time Job Equivalents”Executed agreement, p. 1

“real property improvements that have a minimum fair market value of $8,300,000.00”Executed agreement, p. 1

The repayment remedy

What happens if it is not met.

“If any Event of Default, excluding an Event of Default under Section 4.03(a)(4) and (a)(5), occurs after Grant funds have been paid to the Company by the City, then Company shall repay to the City all Grant funds paid to Company within thirty (30) days of written notice of default from the City.”Executed agreement, p. 6

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 · Renovation Grant

What was abated, and for how long.

—By the Commencement Date

—By December 31, 2031

—By December 31, 2036

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.

Field	Value & quoted source	Page
Granting body	City of Plano, Texasthe City of Plano, Texas (“City”), a home-rule municipal corporation	1
Contracting entity	Sally Holdings LLCSally Holdings LLC, a Delaware limited liability company (“Company”)	1
Parent / guarantor	Not stated in the agreement	—
Instrument	Economic Development Incentive AgreementECONOMIC DEVELOPMENT INCENTIVE AGREEMENT	1
Governing chapter	Chapter 380, Local Government CodeGov’T CODE §380.001 et seg.	—
Capital investment	$8,300,000.00real property improvements that have a minimum fair market value of $8,300,000.00	1
Grant or incentive	$2,525,000.00City agrees to provide the Company a grant of up to $2,525,000.00	4
Jobs committed	750 Full-Time Job Equivalentstransfer or create and maintain up to 750 Full-Time Job Equivalents	1
Wage requirement	Not stated in the agreement	—
Square footage	110,000 square feetOccupy a minimum of 110,000 square feet of office space	1
Acreage	Not stated in the agreement	—
Performance deadline	June 1, 2027Company shall submit its Initial Grant Request to the City after 180 days of actual Occupancy and not later than June 1, 2027.	5
Expiration	fifteen (15) years thereafterThe term of this Agreement shall begin on the Commencement Date and continue for fifteen (15) years thereafter	3
Effective date	Not stated in the agreement	—
Signatory	Tony DuganDocuSigned by: \| flony Dugan. By: \| J D Name: gan Name: .	12
Chain status	Terminal document — no later agreement in the registry names this one as its predecessor	—

How to check this page

Every line above is in the contract.

Agreement 0011311 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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