The Abatement RegisterNew BraunfelsAgreement 0013339
Texas Chapter 380 / 381 agreement · New Braunfels

Greater New Braunfels Economic Development Foundation DBA Early Matters — New Braunfels, LLC

Agreement 0013339, filed with the Texas Comptroller by City of New Braunfels.

$300,000grant or incentive
The remedy

What the contract says happens.

“Grantee shall pay back on a pro rata monthly basis for each month of the year for which Grantee received payment and was not meeting the required performance obligations.”Executed agreement, p. 3

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 · $100,000

What was abated, and for how long.

—annually

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 New BraunfelsCity of New Braunfels, Texas, a home rule municipality (the “City” or “Grantor”)1
Contracting entityGreater New Braunfels Economic Development Foundation DBA Early Matters — New Braunfels, LLCGreater New Braunfels Economic Development Foundation DBA Early Matters — New Braunfels, LLC (the “Grantee”)1
Parent / guarantorNot stated in the agreement—
InstrumentgrantEconomic Development Agreement1
Governing chapterChapter 380, Local Government CodeThe City is authorized by Chapter 380 of the Texas Local Government Code to make grants of public funds to promote local economic development and may contract with an entity for the administration of a supporting program;—
Capital investmentNot stated in the agreement—
Grant or incentive$300,000terminate the sooner of four years from the date of execution of this Agreement or once $300,000 has been distributed2
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineNot stated in the agreement—
Expirationfour years from the date of execution of this Agreementterminate the sooner of four years from the date of execution of this Agreement or once $300,000 has been distributed2
Effective date2/3/2023Date: 2(3/2oz%7
SignatoryTanathgh PackerTanathgh Packer, President & CEO7
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 0013339 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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