The Abatement RegisterSulphur SpringsAgreement 0011737
Texas Chapter 380 / 381 agreement · Sulphur Springs

SSDC1, LLC

Agreement 0011737, filed with the Texas Comptroller by CITY OF SULPHUR SPRINGS, TEXAS.

The obligation

Terms the contract defines.

“Completion Deadline means the date that is three (3) years after the Conveyance Date.”Executed agreement, p. 3

The dated sentence above defines a term used elsewhere in the contract. It is recorded here as a definition, not as a performance obligation.

The remedy

What the contract says happens.

“Developer shall execute and deliver to the City a deed of trust (the “Performance Deed of Trust”) encumbering the Land in favor of the City to secure Developer’s obligations under this Agreement.”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.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyCITY OF SULPHUR SPRINGS, TEXASCITY OF SULPHUR SPRINGS, TEXAS, a Texas home-rule municipality (the “City”)1
Contracting entitySSDC1, LLCSSDC1, LLC, a Texas limited liability company and a wholly owned subsidiary of MSB Global Services, LLC, a Florida limited liability company (the “Developer”)1
Parent / guarantorMSB Global Services, LLCSSDC1, LLC, a Texas limited liability company and a wholly owned subsidiary of MSB Global Services, LLC, a Florida limited liability company1
Instrumenteconomic development grantdesires to offer the economic development grant described herein to Developer1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> THE STATE OF TEXAS Cr LN COUNTY OF HOPKINS CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT This Chapter 380 Economic Development Agreement (the “Agreement”) is entered into by and between the CITY OF SULPHUR SPRINGS, TEXAS, a Texas home-rule municipality (the “City”), and SSDC1, LLC, a Texas limited liability company and a wholly owned subsidiary of MSB Global Services, LLC, a Florida limi—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage72 acresthe City owns certain real property consisting of approximately 72 acres1
Performance deadlinethree (3) years after the Conveyance Date defined term, not a covenantCompletion Deadline means the date that is three (3) years after the Conveyance Date.3
ExpirationNot stated in the agreement—
Effective date04/30/2025Date: 04/30/202522
SignatoryMark BlanchardName: Mark Blanchard22
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 0011737 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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