The Abatement RegisterRichardsonAgreement 0012873
Texas Chapter 380 / 381 agreement · Richardson

Partenope, LLC

Agreement 0012873, filed with the Texas Comptroller by City of Ricardson, Texas.

$150,000.00committed capital investment
$50,000.00grant or incentive
August 1, 2026performance deadline
The obligation

What the contract requires.

“Completion of Construction of the Tenant Finish Out to occur on or before August 1, 2026.”Executed agreement, p. 5
“Capital Investment (hereinafter defined) for the Expansion Space of not less than One Hundred Fifty Thousand and No/100 Dollars ($150,000.00)”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“In the event the Agreement is terminated by City prior to the Expiration Date pursuant to Section 5.1(c), (d), (e), or (f), Company shall immediately repay to City an amount equal to the Modernization Grant previously paid by City to Company”Executed agreement, p. 6

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.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyCity of Ricardson, Texasthe City of Ricardson, Texas (“City”)1
Contracting entityPartenope, LLCPartenope, LLC, a Texas limited liability company, doing business as Partenope Ristorante (“Company”)1
Parent / guarantorNot stated in the agreement—
InstrumentModernization GrantCity has determined that making the Modernization Grant (hereinafter defined) to the Company in accordance with this Agreement2
Governing chapterChapter 380, Local Government Codeand WHEREAS, City is authorized by Article II, 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$150,000.00Capital Investment (hereinafter defined) for the Expansion Space of not less than One Hundred Fifty Thousand and No/100 Dollars ($150,000.00)1
Grant or incentive$50,000.00“Modernization 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 Fifty Thousand and No/100 Dollars ($50,000.00)4
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage3,200 square feetCompany currently leases and occupies approximately 3,200 square feet of space1
AcreageNot stated in the agreement—
Performance deadlineAugust 1, 2026Completion of Construction of the Tenant Finish Out to occur on or before August 1, 2026.5
Expirationfive (5) years after the Commencement Date“Expiration Date” shall mean five (5) years after the Commencement Date.3
Effective datethe last date of execution hereof“Effective Date” shall mean the last date of execution hereof.3
SignatoryEspedito SantonicolaAttn: Espedito Santonicola Owner/Manager Partenope, LLC8
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 0012873 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.

[email protected]