The Abatement RegisterAbileneAgreement 0013076
Texas Chapter 380 / 381 agreement · Abilene

RAINY CREEK ABILENE LP

Agreement 0013076, filed with the Texas Comptroller by CITY OF ABILENE, TEXAS.

$400,000.00grant or incentive
three (3) years from the date of the Certificate of Occupancy issued to the first Anchor Tenantperformance deadline
The obligation

What the contract requires.

“This Agreement shall remain in full force and effect until the earlier of: (A) each party has completed its respective obligations hereunder; or (B) three (3) years from the date of the Certificate of Occupancy issued to the first Anchor Tenant who opens for business to the public ("Term").”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“Except as may be provided herein, all incentives paid under this Agreement are fully earned, non-refundable economic development grants upon satisfaction of the applicable payment conditions (delivery of Certificate of Occupancy or paid demolition invoices).”Executed agreement, p. 4

The remedy here is discretionary — the clause says it may be applied, not that it must be.

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.

Abatement schedule · Anchor Tenant

What was abated, and for how long.

—each Anchor Tenant

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.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyCITY OF ABILENE, TEXASCITY OF ABILENE, TEXAS, a home-rule municipal corporation ("City")1
Contracting entityRAINY CREEK ABILENE LPRAINY CREEK ABILENE LP, a Texas limited partnership ("Developer")1
Parent / guarantorRainy Creek TX MM, LLCBy: Rainy Creek TX MM, LLC, Its General Partner8
InstrumentEconomic Development AgreementECONOMIC DEVELOPMENT AGREEMENT1
Governing chapterChapter 380, Local Government Codeand WHEREAS, the governing body of the City of Abilene adopted Resolution 142-2024 creating an Economic Development Program authorized by Chapter 380 of the Texas Local Government Code;—
Capital investmentNot stated in the agreement—
Grant or incentive$400,000.00The City shall pay to the Developer a total of up to Four Hundred Thousand Dollars ($400,000.00) (the "Retail Incentive").3
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage113,000 square feetDeveloper desires to develop approximately 113,000 square feet or more of mixed-use retail development1
Acreage32.56 ac32.56 ac12
Performance deadlinethree (3) years from the date of the Certificate of Occupancy issued to the first Anchor TenantThis Agreement shall remain in full force and effect until the earlier of: (A) each party has completed its respective obligations hereunder; or (B) three (3) years from the date of the Certificate of Occupancy issued to the first Anchor Tenant who opens for business to the public ("Term").3
ExpirationnullThis Agreement shall remain in full force and effect until the earlier of: (A) each party has completed its respective obligations hereunder; or (B) three (3) years from the date of the Certificate of Occupancy issued to the first Anchor Tenant who opens for business to the public ("Term").3
Effective dateDecember 18, 2025effective as of the 18" day of December, 2025 ("Effective Date")1
SignatoryJordan WallaceName: Jordan Wallace8
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 3
31969
How to check this page

Every line above is in the contract.

Agreement 0013076 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.

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