Agreement 0011718, filed with the Texas Comptroller by CITY OF PILOT POINT, TEXAS.
Texas Government Code 2264 requires this provision in every such agreement. It is triggered by employing unauthorised workers, not by missing a build or jobs target. The contract records no repayment remedy for the obligations above.
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 PILOT POINT, TEXASThis Reinvestment Zone Number Five, City of Pilot Point, Texas, Economic Development Agreement (the “Agreement”) is entered into as of the 10" day of April, 2025 (the “Effective Date”), by and between the CITY OF PILOT POINT, TEXAS, (the “City”), MM BRYSON RANCH, LLC, a Texas limited liability company (the “Developer”), and the BOARD OF DIRECTORS (the “Board”) of Reinvestment Zone Number Five, Cit | 3 |
| Contracting entity | MM BRYSON RANCH, LLCThis Reinvestment Zone Number Five, City of Pilot Point, Texas, Economic Development Agreement (the “Agreement”) is entered into as of the 10" day of April, 2025 (the “Effective Date”), by and between the CITY OF PILOT POINT, TEXAS, (the “City”), MM BRYSON RANCH, LLC, a Texas limited liability company (the “Developer”), and the BOARD OF DIRECTORS (the “Board”) of Reinvestment Zone Number Five, Cit | 3 |
| Parent / guarantor | MMM Ventures, LLCBy: MMM Ventures, LLC, a Texas limited liability company, its Manager | 12 |
| Instrument | Chapter 380 TIRZ GrantA Chapter 380 TIRZ Grant equal to fifty (50%) of the City’s collected ad valorem tax increment in the TIRZ, based on the City’s tax rate in effect on the date of the establishment of the TIRZ, after reduction by Administrative Expenses, to be paid annually | 5 |
| Governing chapter | Chapter 380, Local Government Code2025-08-649 A RESOLUTION OF THE CITY OF PILOT POINT, TEXAS APPROVING A CHAPTER 380 INCENTIVE AGREEMENT WITH MM BRYSON RANCH, LLC TO INCENTIVIZE DEVELOPMENT OF BRYSON RANCH; | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | Not stated in the agreement | — |
| Performance deadline | Not stated in the agreement | — |
| Expiration | Not stated in the agreement | — |
| Effective date | April 10, 2025This Reinvestment Zone Number Five, City of Pilot Point, Texas, Economic Development Agreement (the “Agreement”) is entered into as of the 10" day of April, 2025 (the “Effective Date”), | 3 |
| Signatory | Mehrdad MoayediBy: Name: Mehrdad Moayedi Title: Manager | 12 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0011718 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.