The Abatement RegisterGranburyAgreement 0012643
Texas Chapter 380 / 381 agreement · Granbury

Granbury Hospital Corporation

Agreement 0012643, filed with the Texas Comptroller by The City of Granbury, Texas.

$10,000,000committed capital investment
30–80%of taxes abated
October 31, 2024performance deadline
The obligation

What the contract requires.

“By October 31, 2024, Company shall occupy not less than 10,500 square feet of medical and office space”Executed agreement, p. 1
“Real Property and Business Personal Property created will be a minimum of $10,000,000.”Executed agreement, p. 1
Abatement schedule · p. 2

What was abated, and for how long.

80%2026
80%2027
80%2028
50%2029
50%2030
30%2031

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 bodyThe City of Granbury, TexasThe City of Granbury, Texas, a home rule Texas municipal corporation (the "City")1
Contracting entityGranbury Hospital CorporationGranbury Hospital Corporation, a Texas corporation ("Company")1
Parent / guarantorNot stated in the agreement—
InstrumentRebate(a) 2026: 80% Rebate2
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> SECOND AMENDMENT TO CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT THIS Second Amendment to Chapter 380 Economic Development Agreement (this "Second Amendment") is made and entered into by and between The City of Granbury, Texas, a home rule Texas municipal corporation (the "City") and Granbury Hospital Corporation, a Texas corporation ("Company"), and as amended on June 4, 2024).—
Capital investment$10,000,000Real Property and Business Personal Property created will be a minimum of $10,000,000.1
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage10,500 square feetCompany shall occupy not less than 10,500 square feet of medical and office space1
AcreageNot stated in the agreement—
Performance deadlineOctober 31, 2024By October 31, 2024, Company shall occupy not less than 10,500 square feet of medical and office space1
ExpirationDecember 31, 2030The Reimbursement Term commences on January 1, 2025 and shall expire on December 31, 2030.1
Effective dateNot stated in the agreement—
SignatoryBrad CashPrinted Name: Brad Cash3
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 0012643 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]