Waterloo Trails Holdings, LP

Agreement 0013416, filed with the Texas Comptroller by City of Denison.

$500,000.00grant or incentive

September 1, 2026performance deadline

The obligation

What the contract requires.

“Developer shall cause Commencement of Construction of the Multifamily Uses to occur no later than September 1, 2026.”Executed agreement, p. 6

Statutory clause

This is not a performance remedy.

“If, after receiving the Chapter 380 Grant under the terms of this Agreement, the Developer, or a branch, division or department of the Developer, is convicted of a violation under 8 U.S.C. §1324a(f), the Developer shall pay to the City, not later than the 120th day after the date the City notifies the Developer of the violation, an amount equal to the sum previously paid by the City to the Developer under the terms o”Executed agreement, p. 14

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.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	City of DenisonThis City Chapter 380 Incentive and Performance Agreement (“Agreement”) is made by and among the City of Denison, Texas (the “City”)	2
Contracting entity	Waterloo Trails Holdings, LPContractor Name: Waterloo Trails Holdings, LP	1
Parent / guarantor	Preston Forrest Capital, LLCPreston Forrest Capital, LLC City of Denison 5495 Belt Line Road, Suite 380 Dallas, TX 75254	11
Instrument	Chapter 380 AgreementContract Description: Chapter 380 Agreement	1
Governing chapter	Chapter 380, Local Government Code2026-0008 Is this a budgeted item? Account? NA Are funds available to cover this item? Yes Contractor Name: Waterloo Trails Holdings, LP Contract Description: Chapter 380 Agreement Department/Administrator: Development Services Contract Amount: $500,000.00 Effective Date: 01/06/2026 Term of Contract: 12/31/2026 Renewal Date: NA Council Approval Date: 01/06/2026 This Contract Administration Checkli	—
Capital investment	Not stated in the agreement	—
Grant or incentive	$500,000.00Contract Amount: $500,000.00	1
Jobs committed	Not stated in the agreement	—
Wage requirement	Not stated in the agreement	—
Square footage	Not stated in the agreement	—
Acreage	25.716 AcresFIELD NOTES 25.716 Acres	19
Performance deadline	September 1, 2026Developer shall cause Commencement of Construction of the Multifamily Uses to occur no later than September 1, 2026.	6
Expiration	12/31/2026Term of Contract: 12/31/2026	1
Effective date	01/06/2026Effective Date: 01/06/2026	1
Signatory	R. Forrest PoolR. Forrest Pool, CEO	18
Chain status	Terminal document — no later agreement in the registry names this one as its predecessor	—

Project components · p. 24

30-acre mixed use development blending build-to-rent patio homes and townhomes near the existing single-family homes on Lillis Ln., and multifamily with restaurant/retail space and a hotel on the US Hwy 75 frontage.

Parcels · p. 19

20789 · 20790 · 20791 · 20792

How to check this page

Every line above is in the contract.

Agreement 0013416 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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