The Abatement RegisterKaufmanAgreement 0012577
Texas Chapter 380 / 381 agreement · Kaufman

Lowe’s Homes Center, LLC

Agreement 0012577, filed with the Texas Comptroller by City of Kaufman, Texas.

$6,830,000committed capital investment
$3,415,000grant or incentive
75%of Sales and Use Tax abated
January 31, 2027performance deadline
The obligation

What the contract requires.

“Developer agrees to commence operations as a retail store open to the public by January 31, 2027”Executed agreement, p. 5
“Qualified Expenditures in a minimum amount of Six Million and Eight Hundred Thirty Thousand No/100 Dollars ($6,830,000) by December 31, 2026.”Executed agreement, p. 4
The remedy

What the contract says happens.

“Developer shall pay City fifty percent (50%) of their total payment, not to exceed One Million Seven Hundred Seven Thousand and 500 Dollars ($1,707,500) within thirty (30) days of such closure.”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 · Sales and Use Tax · p. 7

What was abated, and for how long.

75%2027
75%2028
75%2029
75%2030
75%2031
75%2032
75%2033
75%2034
75%2035
75%2036
75%2037
75%2038
75%2039
75%2040

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 Kaufman, TexasThis CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT AND PERFORMANCE AGREEMENT by and between the CITY OF KAUFMAN, TEXAS, a Texas home-rule municipality, and Lowe’s Homes Center, LLC, a North Carolina limited liability company1
Contracting entityLowe’s Homes Center, LLCThis CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT AND PERFORMANCE AGREEMENT by and between the CITY OF KAUFMAN, TEXAS, a Texas home-rule municipality, and Lowe’s Homes Center, LLC, a North Carolina limited liability company1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 380 Economic Development Agreement and Performance AgreementThis CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT AND PERFORMANCE AGREEMENT1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT AND PERFORMANCE AGREEMENT This CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT AND PERFORMANCE AGREEMENT by and between the CITY OF KAUFMAN, TEXAS, a Texas home-rule municipality, and Lowe’s Homes Center, LLC, a North Carolina limited liability company, is made and executed on the following recitals, terms and conditions.—
Capital investment$6,830,000Qualified Expenditures in a minimum amount of Six Million and Eight Hundred Thirty Thousand No/100 Dollars ($6,830,000) by December 31, 2026.4
Grant or incentive$3,415,000the total payments to Developer pursuant to Section 5(a) of this Agreement equals Three Million Four Hundred Fifteen Thousand and No/Dollars ($3,415,000)2
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage137,000 gross square feetconstruct a home improvement retail facility containing at least 137,000 gross square feet1
Acreage12.73 acresgenerally located on approximately 12.73 acres of land situated at the intersection of Kings Fort Parkway and Center Lane1
Performance deadlineJanuary 31, 2027Developer agrees to commence operations as a retail store open to the public by January 31, 20275
ExpirationDecember 31, 2041December 31, 2041 unless terminated sooner under the provisions hereof (the ‘Term’”).2
Effective dateSeptember 22, 2025Effective Date. The words “Effective Date” mean September 22, 2025,3
SignatoryRichard GoodmanRichard Goodman Vice-President of Real Estate, Construction & Retail14
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 0012577 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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