The Abatement RegisterBryanAgreement 0012645
Texas Chapter 380 / 381 agreement · Bryan

BioCorridor Property Owners Association, Inc.

Agreement 0012645, filed with the Texas Comptroller by City of Bryan, Texas.

$150,000grant or incentive
90 days from Effective Dateperformance deadline
The obligation

What the contract requires.

“Within ninety (90) days of the Effective Date, Developer will engage its affiliate, Bryan/Traditions, LP (“B/T”), a Texas limited partnership, to manage the construction of the Project.”Executed agreement, p. 2
The repayment remedy

What happens if it is not met.

“Reimburse BCD for any Grant Payments made during the Term; provided, however, Developer shall not reimburse BCD in violation of any distribution covenant required of Frost or Bayview.”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 · Grant Reserve Fund

What was abated, and for how long.

—quarterly

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 Bryan, TexasCity of Bryan, Texas1
Contracting entityBioCorridor Property Owners Association, Inc.BioCorridor Property Owners Association, Inc., a Texas nonprofit corporation (“Developer”)1
Parent / guarantorBryan/Traditions, LPDeveloper will engage its affiliate, Bryan/Traditions, LP (“B/T”), a Texas limited partnership, to manage the construction of the Project.2
InstrumentChapter 380 Economic Development AgreementCHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT - LUMIN PARKING GARAGE1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> Docusign Envelope ID: 1E94F5BC-9A25-4D77-9016-19758FA46724 STATE OF TEXAS § COUNTY OF BRAZOS § CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT - LUMIN PARKING GARAGE This Chapter 380 Economic Development Agreement — Lumin Parking Garage (“Agreement”) is entered into on this 10Qthlay of October, 2025 (“Effective Date”) by and between Bryan Commerce and Development, Inc., a Texas local gover—
Capital investmentNot stated in the agreement—
Grant or incentive$150,000BCD will deposit the sum of $150,000 into an operating account owned and controlled by the Developer as a “Grant Reserve Fund”4
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage1.06 acrescontaining approximately 1.06 acres as more particularly described in Exhibit A1
Performance deadline90 days from Effective DateWithin ninety (90) days of the Effective Date, Developer will engage its affiliate, Bryan/Traditions, LP (“B/T”), a Texas limited partnership, to manage the construction of the Project.2
ExpirationNot stated in the agreement—
Effective date10 October 2025Date: _10 October 202510
SignatorySpencer ClementsName: Spencer Clements12
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 0012645 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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