The Abatement RegisterMansfieldAgreement 0013317
Texas Chapter 380 / 381 agreement · Mansfield

TREZ Shops at Broad LP

Agreement 0013317, filed with the Texas Comptroller by City of Mansfield, Texas.

$30,000,000.00committed capital investment
$1,500,000.00grant or incentive
25–50%of Local Sales Tax Receipts abated
December 31, 2029performance deadline
The obligation

What the contract requires.

“Completion. Company shall achieve, or cause to be achieved, Substantial Completion of the Improvements by December 31, 2029”Executed agreement, p. 5
“minimum capital investment (the “Capital Investment”) of THIRTY MILLION DOLLARS ($30,000,000.00)”Executed agreement, p. 1
The remedy

The agreement terminates.

“Upon an Event of Default, unless otherwise specifically provided for herein, if the City terminates this Agreement, the City may require the Company to pay to the City some or all of the Sales Tax Grant funds the Company received within sixty (60) days after effective date of termination.”Executed agreement, p. 8

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.

Abatement schedule · Local Sales Tax Receipts · p. 5

What was abated, and for how long.

50%1
50%2
50%3
25%4
25%5

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 Mansfield, TexasCity of Mansfield, Texas, a home rule municipality (“City”)1
Contracting entityTREZ Shops at Broad LPTREZ Shops at Broad LP, a Delaware limited partnership (“Company”)1
Parent / guarantorTrez Shops at Broad GP LLCTrez Shops at Broad GP LLC, a Delaware limited liability company, its general13
InstrumentGrantincentive to the Company in the form of a Grant1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF MANSFIELD, TEXAS AND TREZ SHOPS AT BROAD LP This Chapter 380 Agreement (“Agreement”) is made and entered into by and between the City of Mansfield, Texas, a home rule municipality (“City”), acting by and through its duly authorized City Manager and TREZ Shops at Broad LP, a Delaware limited partnership (“Company”).—
Capital investment$30,000,000.00minimum capital investment (the “Capital Investment”) of THIRTY MILLION DOLLARS ($30,000,000.00)1
Grant or incentive$1,500,000.00“Grant” shall mean, in the aggregate, ONE MILLION AND FIVE HUNDRED THOUSAND NO/100 DOLLARS ($1,500,000.00).3
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage48.84 acresCompany owns approximately 48.84 acres of real property1
Performance deadlineDecember 31, 2029Completion. Company shall achieve, or cause to be achieved, Substantial Completion of the Improvements by December 31, 20295
ExpirationDecember 31, 2029Completion. Company shall achieve, or cause to be achieved, Substantial Completion of the Improvements by December 31, 20295
Effective dateNot stated in the agreement—
SignatoryJohn HutchinsonName: (J9fn Hutchinson, Manager13
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 0013317 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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