The Abatement RegisterMabankAgreement 0012654
Texas Chapter 380 / 381 agreement · Mabank

B. Ruffin Investments, LLC

Agreement 0012654, filed with the Texas Comptroller by MABANK ECONOMIC DEVELOPMENT CORPORATION.

$9,500.00committed capital investment
$54,600.00grant or incentive
50%of facade improvements abated
six monthsperformance deadline
The obligation

What the contract requires.

“B. RUFFIN INVESTMENTS, LLC shall commence and complete the improvements at the Location within six months of the date of this Agreement.”Executed agreement, p. 2
“not to exceed $9,500.00 for fagade 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 B. RUFFIN INVESTMENTS, LLC repaying to the MEDC the sum of $54,600.00”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 · facade improvements · p. 2

What was abated, and for how long.

50%
50%
50%
50%
50%

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 entityB. Ruffin Investments, LLCB. Ruffin Investments, LLC, a Texas limited liability company1
Parent / guarantorNot stated in the agreement—
InstrumentPerformance AgreementPERFORMANCE AGREEMENT1
Governing chapterNot stated in the agreement—
Capital investment$9,500.00not to exceed $9,500.00 for fagade improvements2
Grant or incentive$54,600.00The MEDC will grant B. RUFFIN INVESTMENTS, LLC the sum of not more than Fifty Four Thousand Six Hundred and No/100 Dollars ($54,600.00)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 monthsB. RUFFIN INVESTMENTS, 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 dateNot stated in the agreement—
SignatoryBobby RuffinName: Bobby Ruffin9
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 0012654 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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