The Abatement RegisterMansfieldAgreement 0013500
Texas Chapter 380 / 381 agreement · Mansfield

Stillwater Capital, LLC

Agreement 0013500, filed with the Texas Comptroller by City of Mansfield, Texas.

$100,198,925committed capital investment
The obligation

What the contract requires.

“Future Phases Total $100,198,925”Executed agreement, p. 25
Statutory clause

This is not a performance remedy.

“If after receiving the Economic Development Grant, Developer is convicted of a violation under 8 U.S.C. § 1324a(f), then Developer shall repay the full amount of the payments received in accordance with this Agreement as of the date of such violation not later than one hundred twenty (120) days after the date Developer is convicted.”Executed agreement, p. 16

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.

FieldValue & quoted sourcePage
Granting bodyCity of Mansfield, TexasCity of Mansfield, Texas, a Texas home rule municipal corporation of the State of Texas (the “City”)1
Contracting entityStillwater Capital, LLCStillwater Capital, LLC, a Texas limited liability company or its affiliate (the “Developer’”)1
Parent / guarantorNot stated in the agreement—
InstrumentMaster Development AgreementTHE RESERVE MASTER DEVELOPMENT AGREEMENT1
Governing chapterChapter 380, Local Government Codeand WHEREAS, Article III, Section 52-a of the Texas Constitution and Chapter 380 of Texas Local Government Code provide constitutional and statutory authority for establishing and administering the Program (hereinafter defined) to provide grants or incentives of public money to promote local economic development and to stimulate business and commercial activity in the City;—
Capital investment$100,198,925Future Phases Total $100,198,92525
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage173.667 acresapproximately 173.667 acres of land1
Performance deadlineNot stated in the agreement—
ExpirationDecember 31, 2050extended the term of the Zone to December 31, 20501
Effective dateNot stated in the agreement—
SignatoryAaron ShermanApron Shermah, Manager20
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 0013500 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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