The Abatement RegisterSulphur SpringsAgreement 0011738
Texas Chapter 380 / 381 agreement · Sulphur Springs

SSDC1, LLC

Agreement 0011738, filed with the Texas Comptroller by CITY OF SULPHUR SPRINGS, TEXAS.

50%of Use Tax Receipts abated
September 1, 2025performance deadline
The obligation

What the contract requires.

“Developer shall use commercially reasonable efforts to commence construction of the Project and Improvements on lot 1-R5 on or before September 1, 2025”Executed agreement, p. 7
The remedy

What the contract says happens.

“City shall have the right to recover any economic development grants (including Land Grant(s)) or other financial contributions provided to Developer under this Agreement, to the extent that Developer is in breach of this Agreement or Developer has failed to meet or fulfill their obligations and conditions tied to these contributions.”Executed agreement, p. 17

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 · Use Tax Receipts · p. 4

What was abated, and for how long.

fifty percent (50%)six (6) month periods

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 SULPHUR SPRINGS, TEXASCITY OF SULPHUR SPRINGS, TEXAS, a Texas home-rule municipality1
Contracting entitySSDC1, LLCSSDC1, LLC, a Texas Limited Liability Company1
Parent / guarantorMSB Global Services, LLCa wholly owned subsidiary of MSB Global Services, LLC, a Florida Limited Liability Company1
InstrumentChapter 380 Economic Development AgreementCHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> /0B3 THE STATE OF TEXAS GP SI LP 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 (hereinafter referred to as “City”) and SSDC1, LLC, a Texas Limited Liability Company a wholly owned subsidiary of MSB Global Ser—
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—
Acreage1,677 gross acre / 1,201 net acreapproximately 1,677 gross acre / 1,201 net acre tracts1
Performance deadlineSeptember 1, 2025Developer shall use commercially reasonable efforts to commence construction of the Project and Improvements on lot 1-R5 on or before September 1, 20257
ExpirationDecember 31, 2037will continue until December 31, 2037, on which date it shall terminate4
Effective date04/30/2025Date: 04/30/202523
SignatoryMark BlanchardName: Mark Blanchard23
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 0011738 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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