The Abatement RegisterCelinaAgreement 0011820
Texas Chapter 380 / 381 agreement · Celina

LOCAL DIVE COLLECTIVE, LLC

Agreement 0011820, filed with the Texas Comptroller by CITY OF CELINA, TEXAS.

$138,451.00committed capital investment
$25,000.00grant or incentive
7permanent jobs committed
December 31, 2025performance deadline
The obligation

What the contract requires.

“by December 31, 2025”Executed agreement, p. 4
“to employ and maintain a minimum of 7 Full-Time Equivalent Employment Positions”Executed agreement, p. 5
“in a minimum amount of One Hundred Thirty-Eight Thousand Four Hundred Fifty-One and No/100 Dollars ($138,451.00)”Executed agreement, p. 4
The remedy

What the contract says happens.

“the amounts provided by the City and CEDC to Developer pursuant to Sections 5(a) and 6(a) of this Agreement shall become immediately due and payable by Developer to the CEDC and City.”Executed agreement, p. 7

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 · $12,500.00

What was abated, and for how long.

—upon Developer’s receipt of a certificate of occupancy
—upon the one (1) year anniversary of Developer’s receipt of a certificate of occupancy

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 CELINA, TEXASCITY OF CELINA, TEXAS, a Texas home-rule municipality1
Contracting entityLOCAL DIVE COLLECTIVE, LLCLOCAL DIVE COLLECTIVE, LLC, a Texas limited liability company1
Parent / guarantorNot stated in the agreement—
InstrumentCHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENTCHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT AND PERFORMANCE AGREEMENT This CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT AND PERFORMANCE AGREEMENT by and between the CITY OF CELINA, TEXAS, a Texas home-rule municipality (hereinafter referred to as the “City”);—
Capital investment$138,451.00in a minimum amount of One Hundred Thirty-Eight Thousand Four Hundred Fifty-One and No/100 Dollars ($138,451.00)4
Grant or incentive$25,000.00in the amount of Twenty-Five Thousand and No/100 Dollars ($25,000.00)5
Jobs committed7to employ and maintain a minimum of 7 Full-Time Equivalent Employment Positions5
Wage requirementNot stated in the agreement—
Square footage2,280shall consist of a minimum of 2,280 square feet of restaurant and bar space2
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2025by December 31, 20254
ExpirationDecember 31, 2027shall continue thereafter until December 31, 20272
Effective date4/30/25Date Signed: ___ 4/30/2512
SignatoryKatie DunnKatie Dunn, Managing Member12
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 0011820 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]