The Abatement RegisterCarrolltonAgreement 0012445
Texas Chapter 380 / 381 agreement · Carrollton

UEP, Inc.

Agreement 0012445, filed with the Texas Comptroller by City of Carrollton, Texas.

$100,000,000committed capital investment
$1,231,703grant or incentive
50%of ad valorem taxes abated
December 31, 2026performance deadline
The obligation

What the contract requires.

“Phase 1 (a) Real Property Improvements. The Company shall construct Improvements having a minimum Construction Cost of Seven Million Dollars ($7,000,000). (b) | Commencement of Improvements. The Expansion and Improvements shall occur by December 31, 2026.”Executed agreement, p. 6
“plans to operate at 2323 McDaniel Drive, Carrollton, Texas, employing 60 persons”Executed agreement, p. 1
“installation of new furniture, fixtures, and equipment with an approximate value of One Hundred Million Dollars ($100,000,000)”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“Repayment. In the event the Agreement is terminated by the City pursuant to Section 5.1 (c), (d), (e), or (f), for a breach or default by the Company, the Company shall immediately pay to the City an amount equal to the sum of the Grant Payments paid by the City to the Company under this Agreement prior to the date of such termination, plus interest at the rate periodically announced in the Money Rates Section of the”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 · ad valorem taxes · p. 1

What was abated, and for how long.

50%Phase 1
50%Phase 2

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 Carrollton, TexasThis Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Carrollton, Texas (the “City”)1
Contracting entityUEP, Inc.This Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Carrollton, Texas (the “City”) and UEP, Inc. (the “Company”)1
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development Incentive AgreementThis Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Carrollton, Texas (the “City”) and UEP, Inc.1
Governing chapterChapter 380, Local Government Codeand WHEREAS, Chapter 380 of the Texas Local Government Code authorizes the City to provide grants to promote state or local economic development and to stimulate business and commercial activity in the municipality;—
Capital investment$100,000,000installation of new furniture, fixtures, and equipment with an approximate value of One Hundred Million Dollars ($100,000,000)1
Grant or incentive$1,231,703In no event shall the cumulative amount of the Grant Payments exceed One Million Two Hundred Thirty-One Thousand Seven Hundred and Three Dollars ($1,231,703).3
Jobs committed60 recital language, not a covenantplans to operate at 2323 McDaniel Drive, Carrollton, Texas, employing 60 persons1
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2026Phase 1 (a) Real Property Improvements. The Company shall construct Improvements having a minimum Construction Cost of Seven Million Dollars ($7,000,000). (b) | Commencement of Improvements. The Expansion and Improvements shall occur by December 31, 2026.6
ExpirationDecember 31, 2036provided, however, in no event shall the Term of this Agreement extend past December 31, 2036.4
Effective dateNot stated in the agreement—
SignatoryGarrett UnclebachGIVEN UNDER MY HAND AND SEAL OF OFFICE this 295 day of Avavs-r_, 2025. A bol. Jeger yr 4 (seal) Vo tt Notary Public ec Noah Lane Segerstrom 4 Se My Commission Expires q y /* 12/20/2026 eens! Notary 1D 134111209 A eee NoAH SEGERST£LoMm Printed or Typed Name of Notary Public My commission expires:__\Z [t0 [e02612
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 0012445 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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