Agreement 0012764, filed with the Texas Comptroller by City of Friendswood.
The dated sentence above defines a term used elsewhere in the contract. It is recorded here as a definition, not as a performance obligation.
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.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | City of FriendswoodCity of Friendswood, a home-rule municipality situated in Galveston and Harris Counties, Texas (the "City") | 1 |
| Contracting entity | All Out Development IncAll Out Development Inc, a Texas corporation (the "Developer") | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Grant"Economic Development Grant" means that grant as described in Section 4.01. | 2 |
| Governing chapter | Chapter 380, Local Government Codeand WHEREAS, pursuant to Article Ill, §52a, Texas Constitution, and Chapter 380, Texas Local Government Code, the City is authorized to establish programs to promote local economic development and to stimulate business and commercial activity in the municipality; | — |
| Capital investment | $500,000.00Real Property Improvement’..........s.1.sssesscssssnsveacarssssrsceneseteceenenensans $500,000.00 | 3 |
| Grant or incentive | $30,500.00Economic Development Grant pursuant to the Program in the amount of THIRTY THOUSAND FIVE HUNDRED AND NO/100 DOLLARS ($30,500.00) | 4 |
| Jobs committed | fifteen (15) FTE jobsthe Developer will cause the creation and/or retention of at least fifteen (15) FTE jobs at the Project. | 3 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 17,000 sq ftMoving our Ceartnd location fort fe YS0eqf into 17,000eqh | 11 |
| Acreage | 1.604 acresbeing approximately 1.604 acres of land being out of the Perry and Austin League, Abstract No. 20 | 2 |
| Performance deadline | twenty-four (24) months from the Commencement Date defined term, not a covenant"Completion Date" means the date the Developer receives a certificate of occupancy for the Project twenty-four (24) months from the Commencement Date, whichever is earlier. | 2 |
| Expiration | December 31 of the fifth (5") tax year after the Completion Datethis Agreement shall terminate on December 31 of the fifth (5") tax year after the Completion Date. | 4 |
| Effective date | October 6, 2025"Effective Date" is October 6, 2025. | 2 |
| Signatory | Chance KampCHANCE KAMP, President | 7 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0012764 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.
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.