Agreement 0012843, filed with the Texas Comptroller by City of Saginaw.
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 SaginawECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF SAGINAW, TEXAS, AND MAD SAGINAW, LLC, A TEXAS LIMITED LIABILITY COMPANY | 1 |
| Contracting entity | MAD SAGINAW, LLCECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF SAGINAW, TEXAS, AND MAD SAGINAW, LLC, A TEXAS LIMITED LIABILITY COMPANY | 1 |
| Parent / guarantor | Carter Wilson, Courtney Lindley, and Bob GreggMAD (MAD SAGINAW, LLC, a Texas limited liability company), is a limited liability company created between Carter Wilson, Courtney Lindley, and Bob Gregg | 1 |
| Instrument | Economic Development Incentive GrantEconomic Development Incentive Grant. As an economic development incentive grant for the public purposes set forth in this Agreement | 3 |
| Governing chapter | Chapter 380, Local Government CodeIII, Chapter 52-a”) and Chapter 380, Texas Local Government Page | <<<PAGE 2>>> Code, as amended (“Chapter 380”) under which the City has the authority to make grants of public funds to private sector entities for the public purposes of developing and diversifying the economy of the State of Texas, eliminating unemployment or underemployment in the State of Texas, and developing or expanding trans | — |
| Capital investment | $7,000,000.00CAPITAL INVESTMENT means the total estimated cost of design, material, and labor paid by MAD for the required Project Improvements, and permit fees, which shall collectively be no less than $7,000,000.00 | 4 |
| Grant or incentive | $2,550,000The City will reimburse MAD for actual Capital Investment (defined below) expenditures in a total amount not to exceed Two Million Five-Hundred and Fifty-Thousand Dollars ($2,550,000) | 3 |
| Jobs committed | 50MAD shall retain or create in the City at least fifty (50) jobs during the first year of operation of the restaurants. | 6 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 10,000 square feetPROJECT OR PROJECT IMPROVEMENTS means collectively, two (2) restaurants totaling a minimum combined building size of 10,000 square feet | 5 |
| Acreage | 2.50 acresPROPERTY means approximately 2.50 acres of land owned by the City of Saginaw located at 400 S. Saginaw Blvd. and 405 S. Belmont St. | 4 |
| Performance deadline | December 31, 2027Have all restaurant buildings and related improvements erected and Green Tagged by the City by December 31, 2027 | 5 |
| Expiration | October 21, 2035This Agreement shall be effective as of the date of execution by all Parties (the “Effective Date”) and shall remain in full force and effect for a period of ten (10) years from the Effective Date | 3 |
| Effective date | October 21, 2025GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the 21st day of October, 2025. | 15 |
| Signatory | Courtney LindleyCourtney Lindley, known to me to be the person and officer whose name is subscribed to the foregoing instrument and acknowledged to me that he is the acting Manager of MAD SAGINAW, LLC | 15 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0012843 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.