The Abatement RegisterMabankAgreement 0011583
Texas Chapter 380 / 381 agreement · Mabank

JAMBC INVESTMENTS, LLC

Agreement 0011583, filed with the Texas Comptroller by MABANK ECONOMIC DEVELOPMENT CORPORATION.

$24,000.00grant or incentive
50%of removal of the unsightly shrubbery and improved sight lines and curb appeal abated
six monthsperformance deadline
The obligation

What the contract requires.

“REEDY TIRE shall commence and complete the improvements at the Location within six months of the date of this Agreement.”Executed agreement, p. 2
The repayment remedy

What happens if it is not met.

“Failure to comply with Subsections 2.1 of this Agreement shall result in REEDY TIRE repaying to the MEDC the sum of $24,000.00”Executed agreement, p. 2

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 · removal of the unsightly shrubbery and improved sight lines and curb appeal · p. 2

What was abated, and for how long.

50%
50%
50%

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 bodyMABANK ECONOMIC DEVELOPMENT CORPORATIONMABANK ECONOMIC DEVELOPMENT CORPORATION ("MEDC"), an Industrial Development Non-Profit Corporation1
Contracting entityJAMBC INVESTMENTS, LLCJAMBC INVESTMENTS, LLC, (sometimes hereinafter, "REEDY TIRE"), a Texas limited liability company1
Parent / guarantorNot stated in the agreement—
InstrumentPerformance AgreementPERFORMANCE AGREEMENT1
Governing chapterNot stated in the agreement—
Capital investmentNot stated in the agreement—
Grant or incentive$24,000.00The MEDC will grant REEDY TIRE the sum of not more than Twenty Four Thousand and No/100 Dollars ($24,000.00)2
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlinesix monthsREEDY TIRE shall commence and complete the improvements at the Location within six months of the date of this Agreement.2
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryApril ParkName: April Park9
Chain statusTerminal 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 0011583 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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