The Abatement RegisterManorAgreement 0013426
Texas Chapter 380 / 381 agreement · Manor

IDCAP Manor, LLC

Agreement 0013426, filed with the Texas Comptroller by CITY OF MANOR, TEXAS.

$9,500,000.00committed capital investment
$3,800,000.00grant or incentive
50%of Real Property Taxes and CITY’s 1% local sales tax abated
June 15, 2028performance deadline
The obligation

What the contract requires.

“The COMPANY completes and obtains a Certificate of Occupancy for the Facility not later than June 15, 2028.”Executed agreement, p. 4
“proof that $9,500,000.00 in Real Property Improvements were constructed on the Property”Executed agreement, p. 3
Statutory clause

This is not a performance remedy.

“if the COMPANY is convicted of a violation under 8 U.S.D. Section 132(a)(f), the COMPANY shall repay to the CITY the full amount of Chapter 380 Grants made under Article V of this Agreement. Repayment shall be paid within 120 days after the date following an un appealable conviction of the COMPANY”Executed agreement, p. 5

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.

Abatement schedule · Real Property Taxes and CITY’s 1% local sales tax · p. 6

What was abated, and for how long.

50%Years 1 through 20

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 MANOR, TEXASCITY OF MANOR, TEXAS, a home-rule city and municipal corporation of Travis County, Texas1
Contracting entityIDCAP Manor, LLCIDCAP Manor, LLC, a Texas Limited Liability Company (hereafter referred to as “COMPANY”)1
Parent / guarantorAcademy Managing Co., L.L.C.Patrick’K. Sauer Title: Manager STATE OF /oy Ac § § COUNTY OF 0;//¢> § BEFORE ME, the undersigned authority, a Notary Public in and for the State of ZOXAS on this day personally appeared @fa'c I4;tn Sauls of Academy Managing Co., L.L.C., a Texas limited liability company, the General Partner of ACADEMY, LTD., a Texas limited partnership16
InstrumentChapter 380 GrantCHAPTER 380 GRANT AGREEMENT1
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> 1 ORIGINAL CHAPTER 380 GRANT AGREEMENT KIMBRO CROSSING (NWC Hwy 290 and Old Kimbro Rd — Academy Sports + Outdoors Site) THIS CHAPTER 380 GRANT AGREEMENT for a development project located at the northwest corner of US Hwy.—
Capital investment$9,500,000.00proof that $9,500,000.00 in Real Property Improvements were constructed on the Property3
Grant or incentive$3,800,000.00Maximum Grant Amount shall mean the total amount of payments paid to COMPANY under this Agreement, whether by Sales Tax Reimbursement, Real Property Tax Rebate, or combination thereof, in an amount not to exceed $3,800,000.00.2
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage55,000 square feetconstruction of buildings of approximately 55,000 square feet to be leased to Academy, Ltd.1
Acreage5.57 acresapproximately 5.57 acres of property located in Travis County, Texas1
Performance deadlineJune 15, 2028The COMPANY completes and obtains a Certificate of Occupancy for the Facility not later than June 15, 2028.4
Expiration20 years from the Effective DateThe Expiration Date shall be the date that the Maximum Grant Amount is paid to COMPANY or 20 years from the Effective Date14
Effective date1st day of November, 2025This Agreement shall be effective on the | WM aay of Neon ; 722515
SignatoryPatrick K. SauerName: Patrick’K. Sauer Title: Manager16
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 0013426 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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