The Abatement RegisterAlamo HeightsAgreement 0013080
Texas Chapter 380 / 381 agreement · Alamo Heights

5307 Broadway, Ltd.

Agreement 0013080, filed with the Texas Comptroller by City of Alamo Heights, Texas.

$9,000,000.00committed capital investment
$2 milliongrant or incentive
75–100%of ad valorem property taxes abated
December 31, 2027performance deadline
The obligation

What the contract requires.

“Ridgemont shall complete construction of the Project and open at least one of the planned restaurants for business to the public on or before December 31, 2027.”Executed agreement, p. 4
“at least nine million dollars ($9,000,000.00) has been expended in the development, planning, design, permitting, and construction of real property improvements”Executed agreement, p. 4
The repayment remedy

What happens if it is not met.

“Ridgemont shall repay the amount of the reimbursements received by Ridgemont as of the date of such violation within 120 days”Executed agreement, p. 9

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 · ad valorem property taxes · p. 5

What was abated, and for how long.

100%10 years
75%15 years

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 Alamo Heights, TexasCity of Alamo Heights, Texas, a Texas home-rule municipality (the “City”)3
Contracting entity5307 Broadway, Ltd.5307 Broadway, Ltd., a Texas limited partnership, its successors and permitted assignees (“Ridgemont”)3
Parent / guarantorRidgemont Properties, Inc.CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT WITH RIDGEMONT PROPERTIES, INC.1
InstrumentChapter 380 Economic Development AgreementCHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT3
Governing chapterChapter 380, Local Government Code2025R - 227 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT WITH RIDGEMONT PROPERTIES, INC.—
Capital investment$9,000,000.00at least nine million dollars ($9,000,000.00) has been expended in the development, planning, design, permitting, and construction of real property improvements4
Grant or incentive$2 millionThe maximum cumulative incentive amount for this economic development agreement shall not exceed $2 million.2
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2027Ridgemont shall complete construction of the Project and open at least one of the planned restaurants for business to the public on or before December 31, 2027.4
ExpirationNot stated in the agreement—
Effective dateDecember 8, 2025PRESENTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALAMO HEIGHTS, TEXAS THIS 8T# DAY OF DECEMBER 2025.2
SignatoryC. Trebes Sasser, Jr.C. Trebeé Saéser, Jr. Owner12
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 0013080 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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