The Abatement RegisterGrapevineAgreement 0012448
Texas Chapter 380 / 381 agreement · Grapevine

Grapevine Investor Group LLC

Agreement 0012448, filed with the Texas Comptroller by City of Grapevine, Texas.

$740,000.00grant or incentive
March 30, 2029performance deadline
The obligation

What the contract requires.

“complete, obtain a Certificate of Occupancy for, and open the Project no later than March 30, 2029.”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“Grapevine Investor Group shall reimburse the City the amount of $75,000 for each year less than ten (10).”Executed agreement, p. 5

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 · $250,000.00

What was abated, and for how long.

—within thirty (30) days the issuance of the Building Permit
—within thirty (30) days of the issuance of the Certificate of Occupancy
—monthly for twenty-four months

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 Grapevine, TexasThis Economic Development Agreement (this “Agreement”) is made by and between the City of Grapevine, Texas (the “City”), and Grapevine Investor Group LLC1
Contracting entityGrapevine Investor Group LLCThis Economic Development Agreement (this “Agreement”) is made by and between the City of Grapevine, Texas (the “City”), and Grapevine Investor Group LLC1
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development AgreementThis Economic Development Agreement (this “Agreement”) is made by and between the City of Grapevine, Texas1
Governing chapterChapter 380, Local Government Codeand WHEREAS, the City is authorized by TEXAS LOCAL GOVERNMENT CODE §380.001 to provide economic development contributions to Grapevine Investor Group to promote local economic development and to stimulate business and commercial activity in the City;—
Capital investmentNot stated in the agreement—
Grant or incentive$740,000.00The total amount of Contributions to be paid out hereunder shall not exceed $740,000.00.4
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineMarch 30, 2029complete, obtain a Certificate of Occupancy for, and open the Project no later than March 30, 2029.3
ExpirationNot stated in the agreement—
Effective dateProgut” 2B, 2025“Effective Date” shall mean Progut” 2B, 2025.2
SignatoryHho painBefore me, the undersigned, on this day personally appeared Hho pain ed Sart9
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 0012448 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]