The Abatement RegisterAlvinAgreement 0011770
Texas Chapter 380 / 381 agreement · Alvin

Schneider Investment Group, Inc.

Agreement 0011770, filed with the Texas Comptroller by City of Alvin.

$100,000.00grant or incentive
60permanent jobs committed
The obligation

What the contract requires.

“The Company agrees that it will create a total of sixty (60) full-time equivalent (FTE) new jobs at the Project Site.”Executed agreement, p. 2
The remedy

The agreement terminates.

“if the Company fails to meet its obligations under this Agreement, the City shall have the right to terminate this Agreement.”Executed agreement, p. 2

This clause ends the agreement. It states no repayment of money already received.

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 AlvinCity of Alvin, a Texas home rule municipality organized under the Constitution and laws of the State of Texas, located in Brazoria County, Texas (the “City”)1
Contracting entitySchneider Investment Group, Inc.Schneider Investment Group, Inc. (the “Company”), with its principal place of business located at 107 East Sealy, Alvin, Texas 77511.1
Parent / guarantorNot stated in the agreement—
Instrumentincentivethe City agrees to remit payment of $100,000.00 to the Company as an incentive to the increased valuation of the Project Site.2
Governing chapterChapter 380, Local Government CodeWITNESSETH: WHEREAS, pursuant to Article III, Section 52-a of the Texas Constitution and Chapter 380 of the Texas Local Government Code, it is the established policy of the City to adopt such reasonable programs and measures from time-to-time, as are permitted by law, to promote local economic development, to attract industry, create and retain primary jobs, expand the growth of the City, to stimu—
Capital investmentNot stated in the agreement—
Grant or incentive$100,000.00the City agrees to remit payment of $100,000.00 to the Company as an incentive to the increased valuation of the Project Site.2
Jobs committedsixty (60) full-time equivalent (FTE) new jobsThe Company agrees that it will create a total of sixty (60) full-time equivalent (FTE) new jobs at the Project Site.2
Wage requirementNot stated in the agreement—
Square footage14,800 square feetwhich consists of approximately 14,800 square feet of retail space1
AcreageNot stated in the agreement—
Performance deadlineNot stated in the agreement—
Expirationfive (5) yearsshall remain in effect for a period of five (5) years.2
Effective dateNot stated in the agreement—
SignatoryJospeh Schneiderby Jospeh Schneider, for and on behalf of said Company.6
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 0011770 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.

[email protected]