Agreement 0013333, filed with the Texas Comptroller by City of Pilot Point, Texas.
Texas Government Code 2264 requires this provision in every such agreement. It is triggered by employing unauthorised workers, not by missing a build or jobs target. The contract records no repayment remedy for the obligations above.
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 Pilot Point, TexasCHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT Between T&J LLC and City of Pilot Point, Texas | 1 |
| Contracting entity | T&J DFW Properties LLCT&J DFW Properties LLC, a Texas limited liability company (“T&J PropCo”) | 1 |
| Parent / guarantor | Tarzan & Jane (DFW) LLCTarzan & Jane (DFW) LLC, a Texas limited liability company (“T&J OpCo” and collectively with T&J PropCo, “Developer”) | 1 |
| Instrument | ECONOMIC DEVELOPMENT INCENTIVE AGREEMENTThis ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT ("Agreement") is made and entered into as of the date last executed below ("Effective Date") | 1 |
| Governing chapter | Chapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT Between T&J LLC and City of Pilot Point, Texas This ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT ("Agreement") is made and entered into as of the date last executed below ("Effective Date") under Chapter 380 V.T.C.A. | — |
| Capital investment | $9,000,000.00Developer shall spend not less than Nine Million ($9,000,000.00) Dollars to design, construct and develop the Project. | 2 |
| Grant or incentive | $310,000once the total value of real property tax grant paid to Developer pursuant to this Section 3.1 has reached $310,000, the tax grant payments pursuant to this Section 3.1 shall cease. | 3 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 10,000“Project” shall mean the construction, operation and maintenance of a no less than 10,000 square foot travel center | 2 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | June 1, 2027Developer shall obtain a certificate of occupancy for the Project not later than June 1, 2027. | 2 |
| Expiration | Not stated in the agreement | — |
| Effective date | 1/26/2024Date: 1/26/2924 | 16 |
| Signatory | Anthony TaylorAttention: Anthony Taylor 3504 Preakness Drive Flower Mound, Texas 75028 | 12 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0013333 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.