Cherry Painting Company, LLC.

Agreement 0013482, filed with the Texas Comptroller by City of Farmers Branch, Texas.

50,520committed capital investment

$100,000.00grant or incentive

50permanent jobs committed

six (6) months from the Effective Dateperformance deadline

The obligation

What the contract requires.

“Company shall obtain a final Certificate of Occupancy (“C.0.”) for the Premises no later than six (6) months from the Effective Date”Executed agreement, p. 5

“Company shall maintain a minimum of 50 full-time employees”Executed agreement, p. 5

“constructing and/or leasing a minimum of 50,520 square feet of commercial space”Executed agreement, p. 2

The repayment remedy

What happens if it is not met.

“the Company shall immediately repay to the City an amount equal to the total Grant previously paid by the City to the Company, plus interest”Executed agreement, p. 6

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.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	City of Farmers Branch, TexasCity of Farmers Branch, Texas (“City” or “Farmers Branch”)	2
Contracting entity	Cherry Painting Company, LLC.Cherry Painting Company, LLC. (“Company”)	2
Parent / guarantor	Not stated in the agreement	—
Instrument	Economic Development 380 Grant AgreementECONOMIC DEVELOPMENT 380 GRANT AGREEMENT	2
Governing chapter	Chapter 380, Local Government Codeand WHEREAS, under the authority granted by Article HI, Section 52-a of the Texas Constitution and Chapter 380 of the Texas Local Government Code, the City is authorized to provide economic development incentives to promote local economic development and stimulate business and commercial activity;	—
Capital investment	50,520constructing and/or leasing a minimum of 50,520 square feet of commercial space	2
Grant or incentive	$100,000.00Economic Development Grant in an amount of ONE-HUNDRED THOUSAND AND NO/100 DOLLARS ($100,000.00)	4
Jobs committed	50Company shall maintain a minimum of 50 full-time employees	5
Wage requirement	Not stated in the agreement	—
Square footage	50,520constructing and/or leasing a minimum of 50,520 square feet of commercial space	2
Acreage	Not stated in the agreement	—
Performance deadline	six (6) months from the Effective DateCompany shall obtain a final Certificate of Occupancy (“C.0.”) for the Premises no later than six (6) months from the Effective Date	5
Expiration	Not stated in the agreement	—
Effective date	5/20/2023Date: 5 20! a8	10
Signatory	Brandon WiechmanAttn: Brandon Wiechman	10
Chain status	Terminal 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 0013482 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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