Agreement 0013479, filed with the Texas Comptroller by City of Farmers Branch, 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 Farmers Branch, TexasThis Economic Development Agreement ("Agreement") is made by and between the City of Farmers Branch, Texas ("City") and Foundry Commercial Acquisitions, LLC | 3 |
| Contracting entity | Foundry Commercial Acquisitions, LLCThis Economic Development Agreement ("Agreement") is made by and between the City of Farmers Branch, Texas ("City") and Foundry Commercial Acquisitions, LLC | 3 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development AgreementThis Economic Development Agreement ("Agreement") is made by and between the City of Farmers Branch, Texas ("City") and Foundry Commercial Acquisitions, LLC | 3 |
| Governing chapter | Chapter 380, Local Government CodeWHEREAS, the City of Farmers Branch (“City”) has established various economic development programs pursuant to Chapter 380 of the Texas Local Government Code for the purpose of promoting the location of new businesses and for the retention and expansion of existing business enterprises within the City; | — |
| Capital investment | $28,000,000.00construction cost of $28,000,000.00 | 1 |
| Grant or incentive | $250,000.00the City agrees to provide the Grant (as defined in Article I) to Company in a total amount not to exceed Two Hundred Fifty Thousand Dollars ($250,000.00) | 6 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 125,000 SFconstruction of approximately 125,000 SF rear-load industrial building | 1 |
| Acreage | 3.794 ACRESMETRO SQUARE 2, LOT 1, 3.794 ACRES | 13 |
| Performance deadline | five (5) years after the Effective DateCompany shall achieve Completion of Demolition within five (5) years after the Effective Date | 7 |
| Expiration | Not stated in the agreement | — |
| Effective date | October 21, 2025PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF FARMERS BRANCH, TEXAS, THIS 21** DAY OF OCTOBER, 2025. | 2 |
| Signatory | Not stated in the agreement | — |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0013479 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.