The Abatement RegisterKrumAgreement 0012238
Texas Chapter 380 / 381 agreement · Krum

MATO MATA INVESTMENTS, LLC

Agreement 0012238, filed with the Texas Comptroller by City of Krum, Texas.

$80,000.00grant or incentive
one (1) year after construction commencesperformance deadline
The obligation

What the contract requires.

“The Deadline for Developer to obtain a Certificate of Occupancy for the Project is one (1) year after construction commences.”Executed agreement, p. 3
The remedy

The agreement terminates.

“Developer shall pay the City in the amount of $80,000.00; the amount approved for permit fees which shall be determined solely by the City; and any amounts due under Section 8.09 within 15 business days of the date of termination”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 Krum, TexasTHIS INCENTIVE AGREEMENT FOR NEW ECONOMIC DEVELOPMENT (this "Agreement"") is entered into by and between the City of Krum, Texas (the "City")1
Contracting entityMATO MATA INVESTMENTS, LLCMATO MATA INVESTMENTS, LLC, a Texas limited liability company “Developer’).1
Parent / guarantorNot stated in the agreement—
InstrumentIncentive Grantthe City is willing to allow the Incentive Grant under and subject to the terms and conditions of this Agreement1
Governing chapterChapter 380, Local Government Codeand WHEREAS, the City is authorized to grant the Incentive Grant under Chapter 380 of the Texas Local Gov't Code;—
Capital investmentNot stated in the agreement—
Grant or incentive$80,000.00WHEREAS, as an incentive to develop the Project, the Developer has requested a grant of $80,000.001
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage0.5165 acresDeveloper owns real property consisting of approximately 0.5165 acres1
Performance deadlineone (1) year after construction commencesThe Deadline for Developer to obtain a Certificate of Occupancy for the Project is one (1) year after construction commences.3
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryKo mesh SapteBefore me, on this day personally appeared Ko mesh Sapte , known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same in his capacity as Wren of Mato Mata Investments, LLC13
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 0012238 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.

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