Agreement 0011881, filed with the Texas Comptroller by City of Kerrville, Texas.
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.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | City of Kerrville, Texasbetween the City of Kerrville, Texas (“City”), a Texas home rule municipal corporation | 1 |
| Contracting entity | River Hills LLCand River Hills LLC, a Texas limited liability company (“Company”), | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development AgreementECONOMIC DEVELOPMENT AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government Codeand WHEREAS, the City is authorized by Article ITI, Section 52-a of the Texas Constitution and Chapter 380 of the Texas Local Government Code to provide economic development incentives to promote local economic development and to stimulate business and commercial activity in the City; | — |
| Capital investment | $4,000,000the Company has committed to cause a capital investment of four million dollars ($4,000,000) to renovate vacant spaces | 1 |
| Grant or incentive | $500,000.00with the total amount of the Annual Grants not to exceed $500,000.00. | 2 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 50,000 square feetseveral vacant retail spaces totaling approximately 50,000 square feet | 1 |
| Acreage | 20.329 acrescomprising 20.329 acres and described as Lot 1, Block 1 River Hills Mall Subdivision | 4 |
| Performance deadline | December 31, 2026Company shall cause the Capital Investment on the Property to be not less than $4,000,000 on or before December 31, 2026. | 9 |
| Expiration | June 1, 2032“Expiration Date” shall mean the date of the City’s last payment of an Annual Grant or June 1, 2032, whichever occurs first. | 3 |
| Effective date | Not stated in the agreement | — |
| Signatory | John Crenan CulpepperJohn Crenan Culpepper, President | 14 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0011881 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.