Agreement 0012835, filed with the Texas Comptroller by Fort Bend County.
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 | Fort Bend CountyAGREEMENT BETWEEN FORT BEND COUNTY AND GF 2977 LP | 1 |
| Contracting entity | GF 2977 LPAGREEMENT BETWEEN FORT BEND COUNTY AND GF 2977 LP | 1 |
| Parent / guarantor | Johnson Development CorpTo Developer: GF 2977 LP c/o Johnson Development Corp 5005 Riverway Drive Houston, TX 77056 | 14 |
| Instrument | 381 Agreement06252024 FBC 381 Agreement | 19 |
| Governing chapter | Chapter 381, Local Government CodeThe Parties hereby agree to establish a program for economic development in accordance with Article III, Section 52-a of the Texas Constitution and Chapter 381, Texas Local Government Code (“Chapter 381”), under which the County has the authority to use public funds for the public purposes of promoting local economic development and stimulating business and commercial activity within the County. | — |
| Capital investment | $ 18,408,000Culvert Crossing (12 @ $1.3MM) $ 15,600,000 $ 2,808,000 § 8,437,000 $ 18,408,000 | 21 |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | 1,500 acresThe Developer intends to construct, or cause to be constructed, certain Public Improvements to serve approximately 1,500 acres (the “Service Area”), with such property depicted further on Exhibit “B”. | 1 |
| Performance deadline | Not stated in the agreement | — |
| Expiration | December 31, 2053Term. This Agreement will be in full force and effect through the tax year ending December 31, 2053 | 9 |
| Effective date | 06/17/2024Date Filed: 06/17/2024 | 19 |
| Signatory | Michael S. SmithBy, With at. EA Name: Michae({ 5, Smith Title: Preside of | 26 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0012835 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.