The Abatement RegisterMabankAgreement 0012527
Texas Chapter 380 / 381 agreement · Mabank

Branded Bean Coffee Company, LLC

Agreement 0012527, filed with the Texas Comptroller by MABANK ECONOMIC DEVELOPMENT CORPORATION.

$9,500committed capital investment
$39,000.00grant or incentive
75%of local sales tax abated
six monthsperformance deadline
The obligation

What the contract requires.

“BRANDED BEAN COFFEE COMPANY, LLC shall commence and complete the improvements at the Location within six months of the date of this Agreement.”Executed agreement, p. 2
“MEDC will grant 50% of the project, not to exceed $9,500 for landscaping improvements”Executed agreement, p. 2
The repayment remedy

What happens if it is not met.

“Failure to comply with Subsections 2.1 of this Agreement shall result in BRANDED BEAN COFFEE COMPANY, LLC repaying to the MEDC the sum of $19,000.00”Executed agreement, p. 2

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 · local sales tax · p. 2

What was abated, and for how long.

75%2 years

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 bodyMABANK ECONOMIC DEVELOPMENT CORPORATIONMABANK ECONOMIC DEVELOPMENT CORPORATION ("MEDC"), an Industrial Development Non-Profit Corporation1
Contracting entityBranded Bean Coffee Company, LLCBranded Bean Coffee Company, LLC, a Texas limited liability company1
Parent / guarantorNot stated in the agreement—
InstrumentPerformance AgreementPERFORMANCE AGREEMENT1
Governing chapterNot stated in the agreement—
Capital investment$9,500MEDC will grant 50% of the project, not to exceed $9,500 for landscaping improvements2
Grant or incentive$39,000.00The MEDC will repay BRANDED BEAN COFFEE COMPANY, LLC the sum of not more than Thirty-Nine Thousand and No/100 Dollars ($39,000.00)2
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlinesix monthsBRANDED BEAN COFFEE COMPANY, LLC shall commence and complete the improvements at the Location within six months of the date of this Agreement.2
ExpirationNot stated in the agreement—
Effective dateSeptember 2023GIVEN UNDER MY HAND AND SEAL OF THIS OFFICE this the RA day of Seplembsr, A.D. 2023.9
SignatoryRobby ValdezBEFORE ME, the undersigned notary public, on this day personally appeared Robby Valdez and Cyrena Valdez, owners of BRANDED BEAN COFFEE COMPANY, LLC9
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 0012527 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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