Agreement 0013200, filed with the Texas Comptroller by City of Farmers Branch, Texas.
This clause ends the agreement. It states no repayment of money already received.
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 Farmers Branch, TexasThis Economic Development Agreement (the “Agreement”’) is made by and between the City of Farmers Branch, Texas (“City”) | 1 |
| Contracting entity | FormFactor, Inc.FormFactor, Inc., a Delaware corporation with its principal office located at 7005 Southfront Road., Livermore, California 94551 (“FormFactor”) | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development AgreementThis Economic Development Agreement (the “Agreement”’) is made by and between the City of Farmers Branch, Texas | 1 |
| Governing chapter | Chapter 380, Local Government Codeand WHEREAS, the City is authorized by Article III, 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 | $231,000,000$231,000,000 in personal property, including semiconductor fabrication and MEMS probe manufacturing equipment | 1 |
| Grant or incentive | $2,000,000The City shall provide a monetary grant totaling up to $2,000,000 | 7 |
| Jobs committed | 650 recital language, not a covenantthe Project is expected to create approximately 650 high-paying jobs | 1 |
| Wage requirement | $81,700an average annual wage of approximately $81,700 | 1 |
| Square footage | 283,495The property consists of the following four existing buildings totaling approximately 283,495 square feet | 11 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | December 31, 2027the Project shall be fully operational by December 31, 2027 | 12 |
| Expiration | November 31, 2040“Expiration Date” shall mean November 31* of the calendar year following the fifteenth (15") anniversary date of the Effective Date. | 4 |
| Effective date | November 21, 2025EXECUTED on this 21st day of November, 2025. | 21 |
| Signatory | Aric B. McKinnisName: Aric B. McKinnis | 21 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0013200 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.