Agreement 0012474, filed with the Texas Comptroller by City of Alvarado.
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.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | City of AlvaradoCity of Alvarado, a Texas home rule municipality (“City”) | 1 |
| Contracting entity | RF Sons & Property, LLCRF Sons & Property, LLC ("Company") | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Incentive AgreementThis Economic Development Incentive Agreement ("Agreement") | 1 |
| Governing chapter | Chapter 380, Local Government Codeand WHEREAS, City is authorized by Article III, Section 52-a of the Texas Constitution, and by Texas Local Government Code Chapter 380 to provide economic development grants to promote local economic development and to stimulate business and commercial activity within City's corporate limits; | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | Six Hundred and Three Thousand and No/100 Dollars ($603,000.00)"Maximum Rebate Amount" shail mean the cumulative payment of the Property Tax Rebate, not to exceed the amount of Six Hundred and Three Thousand and No/100 Dollars ($603,000.00). | 2 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | 5.331 acresCONTAINING 5.331 acres of land, | 9 |
| Performance deadline | Not stated in the agreement | — |
| Expiration | ten (10) years from the Effective Date"Expiration Date" shall mean the earlier of: (i) date of payment of the Maximum Sales and Use Tax Grant Amount; (ii) the seventh (7") anniversary of the Commencement Date; or (iii) ten (10) years from the Effective Date, unless sooner terminated as provided herein. | 2 |
| Effective date | Not stated in the agreement | — |
| Signatory | BobBob (CSo Ah SIGNED AND AGREE RF SONS & PROPERT By: Name: Title: oO ioe” | 7 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Development shall have no fewer than ninety (90) apartment units for rent. Single bedroom units shall have a minimum of six hundred and fifly (650) livable square feet. Two-bedroom units shall have a minimum of nine hundred and fifty-nine (959) livable square feet. All fencing on the property shall be constructed with wrought iron. Development shall contain enough parking spaces for both apartment complex and park guests. In accordance with City’s Code of Ordinances, a minimum of fifly percent (50%) of the total Development parking spaces shall be covered. To accommodate the required number of parking spaces, the development will extend onto the Company’s Shell station property located at 1203 S Parkway Drive, incorporating it into the park's parking area. Exterior materials and aesthetics of the Development shall be substantially similar to the Summit on Walnut Creek apartment complex.
Agreement 0012474 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.
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.