Agreement 0012806, filed with the Texas Comptroller by City of Ricardson, Texas.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | City of Ricardson, Texasthe City of Ricardson, Texas ("City") | 1 |
| Contracting entity | Crescent Systems, Inc.Crescent Systems, Inc., a Texas corporation ("Company") | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Incentive AgreementThis Economic Development Incentive Agreement ("Agreement") | 1 |
| Governing chapter | Chapter 380, Local Government Codeand WHEREAS, City is authorized by Article III, Section 52-a of the Texas Constitution and Texas Local Government Code Chapter 380 to provide economic development grants to promote local economic development and to stimulate business and commercial activity in the City; | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | $150,000.00“Grant” shall mean an economic development grant to offset the costs incurred and paid by Company for the Tenant Finish Out for the Expansion Space in an amount not to exceed One Hundred Fifty Thousand and No/100 Dollars ($150,000.00) | 4 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 14,000 square feetCompany intends to expand its operations in Richardson by leasing approximately 14,000 square feet of additional space | 1 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | May 1, 2026 defined term, not a covenant"Commencement Date" shall mean the date City has issued a certificate of occupancy for the occupancy of the Expansion Space by Company which shall be no later than May 1, 2026. | 3 |
| Expiration | April 1, 2034"Expiration Date" shall mean April 1, 2034. | 3 |
| Effective date | October 29, 2025EXECUTED this 29t) day of October 2025. | 10 |
| Signatory | Robert GriggsBy: Robert Griggs Chief Operations Officer | 10 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0012806 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.