The Abatement RegisterBudaAgreement 0013363
Texas Chapter 380 / 381 agreement · Buda

108 N MAIN, LLC

Agreement 0013363, filed with the Texas Comptroller by City of Buda, Texas.

$1,500,000committed capital investment
$270,000grant or incentive
75%of Annual Sales Tax Collections abated
May 31, 2027performance deadline
The obligation

What the contract requires.

“Company shall complete the Required Improvements and shall obtain 1ts final Certificate of Occupancy for the Project and be open for business on or before May 31, 2027”Executed agreement, p. 7
“NUMBER OF JOBS 25”Executed agreement, p. 23
“WHEREAS, the Company has agreed to make a capital investment in the Project of at least One Million Five Hundred Thousand and No/100 Dollars ($1,500,000 00)”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“To protect public investment and ensure alignment with the approved project scope, the Buda EDC reserves the right to require full or partial repayment of incentive funds if: e The developer fails to obtain an approved site plan by March 1, 2026 and the Certificate of Occupancy by March 1, 2027”Executed agreement, p. 28

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 · Annual Sales Tax Collections · p. 9

What was abated, and for how long.

75%4 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 Buda, TexasThis Chapter 380 Economic Development and Performance Agreement (“Agreement”) by and between the City of Buda, Texas, a home rule municipality and political subdivision of the State of Texas (“City”), the City of Buda 4B Corporation, a Section 4B corporation created pursuant to the authority of the Development Corporation Act of 1979 doing business as the Buda Economic Development Corporation (“BE2
Contracting entity108 N MAIN, LLCThis Chapter 380 Economic Development and Performance Agreement (“Agreement”) by and between the City of Buda, Texas, a home rule municipality and political subdivision of the State of Texas (“City”), the City of Buda 4B Corporation, a Section 4B corporation created pursuant to the authority of the Development Corporation Act of 1979 doing business as the Buda Economic Development Corporation (“BE2
Parent / guarantorMatt CarverThis Chapter 380 Economic Development and Performance Agreement (“Agreement”) by and between the City of Buda, Texas, a home rule municipality and political subdivision of the State of Texas (“City”), the City of Buda 4B Corporation, a Section 4B corporation created pursuant to the authority of the Development Corporation Act of 1979 doing business as the Buda Economic Development Corporation (“BE2
InstrumentChapter 380 Economic Development and Performance AgreementThis Chapter 380 Economic Development and Performance Agreement (“Agreement”)2
Governing chapterChapter 380, Local Government CodeContract Information Vendor Name 108 N MAIN LLC/MATHEW CARVER Requisition/PO#: CHAPTER 380 _,=——peaemGipeeel L | / g Purpose C Additional info.—
Capital investment$1,500,000WHEREAS, the Company has agreed to make a capital investment in the Project of at least One Million Five Hundred Thousand and No/100 Dollars ($1,500,000 00)3
Grant or incentive$270,000Amount up to $270,0001
Jobs committed25 figure taken from a schedule, not from covenant languageNUMBER OF JOBS 2523
Wage requirement$48,000AVERAGE SALARY $48,00023
Square footage4,700SFSIZE OF BUILDING 4,700SF23
AcreageNot stated in the agreement—
Performance deadlineMay 31, 2027Company shall complete the Required Improvements and shall obtain 1ts final Certificate of Occupancy for the Project and be open for business on or before May 31, 20277
ExpirationMay 31, 2032shall terminate on the fifth (Sth) anniversary of the issuance of the final certificate of occupancy issued to Company from the City of Buda for the opening of the new restaurant development at the Project Site which shall be referred to as the “Term” of the Agreement6
Effective dateJanuary 23, 2026Date: /-Z 3- 2620
SignatoryMatthew CarverBefore me, the undersigned notary public, on this day personally appeared Matthew Carver, in his official capacity as a member for 108 N Main, LLC and in his individual capacity known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed that instrument for the purposes and consideration therein expressed in the capacity therein stated19
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 3
R22304
How to check this page

Every line above is in the contract.

Agreement 0013363 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.

[email protected]