BEST BOX LAKE WORTH TX PAUL MEADOR, LLC

Agreement 0012267, filed with the Texas Comptroller by CITY OF LAKE WORTH, TEXAS.

January 30performance deadline

The obligation

What the contract requires.

“an initial payment of $25,000.00 on or before January 30" in the year following Company’s receipt of a final Certificate of Occupancy”Executed agreement, p. 7

The repayment remedy

What happens if it is not met.

“Company shall repay the Grant herein and any other funds received by Company from City as of the date of such violation within one hundred twenty (120) days after the date Company is notified by City of such violation, plus interest at the rate of four percent (4%) compounded annually from the date of violation until paid.”Executed agreement, p. 9

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 · $25,000.00

What was abated, and for how long.

—first year

—second year

—third year

—fourth year

—fifth year

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.

Field	Value & quoted source	Page
Granting body	CITY OF LAKE WORTH, TEXASCITY OF LAKE WORTH, TEXAS ("City")	1
Contracting entity	BEST BOX LAKE WORTH TX PAUL MEADOR, LLCBest Box Lake Worth TX Paul Meador, LLC, a Missouri limited liability company ("Company")	5
Parent / guarantor	Not stated in the agreement	—
Instrument	Chapter 380 Economic Development AgreementThis Chapter 380 Economic Development Agreement ("Agreement")	5
Governing chapter	Chapter 380, Local Government CodeWITNESSETH THAT: WHEREAS, Assignor and City entered into that certain Chapter 380 Agreement dated May 18, 2023 (the “Agreement,” attached hereto as Exhibit A), which Agreement establishes a program under which Assignor may develop a self-storage facility on real property owned by Assignor in Lake Worth, Texas (the “Property”), all as more particularly described in the Agreement;	—
Capital investment	Not stated in the agreement	—
Grant or incentive	Not stated in the agreement	—
Jobs committed	Not stated in the agreement	—
Wage requirement	Not stated in the agreement	—
Square footage	Not stated in the agreement	—
Acreage	Not stated in the agreement	—
Performance deadline	January 30an initial payment of $25,000.00 on or before January 30" in the year following Company’s receipt of a final Certificate of Occupancy	7
Expiration	Not stated in the agreement	—
Effective date	April 18, 2023PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF LAKE WORTH, TEXAS, on this 18" day of April, 2023.	11
Signatory	Beau D. ReinbergName: Bean D, Euinperse	11
Chain status	Terminal 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 0012267 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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