The Abatement RegisterNorth Richland HillsAgreement 0012211
Texas Chapter 380 / 381 agreement · North Richland Hills

MAD NRH, LLC

Agreement 0012211, filed with the Texas Comptroller by City of North Richland Hills.

$2,550,000.00grant or incentive
50permanent jobs committed
The obligation

What the contract requires.

“MAD shall retain or create in the City at least fifty (50) jobs during the first year of operation of the restaurants.”Executed agreement, p. 5
The remedy

What the contract says happens.

“If MAD fails to complete the Project Improvements according to this Agreement by the deadlines established in this Agreement, and fails to cure any deficiencies identified by the City in writing within ninety (90) days of being notified by the City, the Property will automatically revert to be 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.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyCity of North Richland Hillsbetween the City of North Richland Hills, a Texas home rule municipality ("City")1
Contracting entityMAD NRH, LLCMAD NRH, LLC, a Texas limited liability company, including its wholly-owned subsidiaries1
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development Incentive GrantEconomic Development Incentive Grant. As an economic development incentive grant to assist MAD with a portion of the Project Improvements3
Governing chapterChapter 380, Local Government CodeIII, Chapter 52-a”) and Chapter 380, Texas Local Government Code, as amended (“Chapter 380”) under which the City has the authority to make grants of public funds to private sector entities for the public purposes of developing and diversifying the economy of the State of Texas, eliminating unemployment or underemployment in the State of Texas, and developing or expanding transportation or commerc—
Capital investmentNot stated in the agreement—
Grant or incentive$2,550,000.00The City will reimburse actual capital expenditures from MAD in an amount not to exceed $2,550,000.00.3
Jobs committedfifty (50) jobsMAD shall retain or create in the City at least fifty (50) jobs during the first year of operation of the restaurants.5
Wage requirementNot stated in the agreement—
Square footage8,000 square feettwo (2) restaurants totaling a minimum combined building size of 8,000 square feet4
Acreage3.454 acresredevelop approximately 3.454 acres of the 4.411 acre Property1
Performance deadlineNot stated in the agreement—
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryCourtney LindleyCourtii¢y Lindlty : Manager15
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 0012211 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]