Agreement 0013410, filed with the Texas Comptroller by CITY OF NORTH RICHLAND HILLS, TEXAS.
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 NORTH RICHLAND HILLS, TEXASCITY OF NORTH RICHLAND HILLS, TEXAS (hereafter “City”), a home rule municipality organized under the laws of the State of Texas | 1 |
| Contracting entity | CONVERGENCE CAPITAL, LLCCONVERGENCE CAPITAL, LLC (hereafter “Company’”), a Texas limited liability company. | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | ECONOMIC DEVELOPMENT 380 PROGRAM AGREEMENTECONOMIC DEVELOPMENT 380 PROGRAM AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government CodeWHEREAS, the City has established a program in accordance with Article III, Chapter 52-a of the Texas Constitution and Chapter 380, Texas Local Government Code, as amended (the “380 Program”) under which the City has the authority to make grants of public funds to private sector entities for the public purposes of developing and diversifying the economy of the State of Texas, eliminating unemploym | — |
| Capital investment | $3,192,750Reimbursable Improvements with an estimated cost by the Company of $3,192,750. | 3 |
| Grant or incentive | $500,000such reimbursement by the City shall not exceed $500,000. | 5 |
| Jobs committed | 5Company agrees that the Project shall provide and employ a minimum of five (5) Full Time equivalent Jobs | 4 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 3,204construct an approximate 6,597 square foot commercial building that includes 3,204 square feet of dedicated restaurant space | 1 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | March 31, 2027Company shall use commercially reasonable efforts to obtain the Certificate of Occupancy on or before March 31, 2027 | 2 |
| Expiration | Not stated in the agreement | — |
| Effective date | Not stated in the agreement | — |
| Signatory | John FeganFegan, John Colleyville, TX United States | 18 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0013410 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.