Agreement 0011804, filed with the Texas Comptroller by WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION.
The remedy here is discretionary — the clause says it may be applied, not that it must be.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATIONWACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION, a Texas non-profit corporation (hereinafter “WMCEDC”). | 1 |
| Contracting entity | IDV TEXAS CENTRAL PARKWAY, LLCIDV TEXAS CENTRAL PARKWAY, LLC, a Texas limited liability company (hereinafter “IDV”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Program Project AgreementThis Program Project Agreement (the “Agreement”) | 1 |
| Governing chapter | Not stated in the agreement | — |
| Capital investment | $17,000,000IDV will make a “Facility Investment” in the Facility and the Property of at least $17,000,000. | 3 |
| Grant or incentive | $375,000WMCEDC shall pay IDV $375,000 to assist IDV with construction of the Wastewater Line Extension | 4 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 125,000 square feetIDV intends to construct approximately 125,000 square feet of facilities for warehousing and distribution | 1 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | March 1, 2025IDV will Substantially Complete the Facility on or before March 1, 2025 | 2 |
| Expiration | April 10, 2034“Expiration Date” means ten years from the Effective Date.’ | 1 |
| Effective date | April 10, 2024effective as of the 10" day AW a \ , 2024 (the “Effective Date”) | 1 |
| Signatory | Fimothy/C. HarringtonName: Fimothy/C. Harrington | 10 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0011804 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.