Agreement 0013591, filed with the Texas Comptroller by City of Odessa, Texas.
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| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | City of Odessa, TexasThis Amendment to the Economic Development Performance and Program Grant Agreement by and between the City of Odessa, Texas, and Cinergy Entertainment Odessa, Inc. | 1 |
| Contracting entity | Cinergy Entertainment Odessa, Inc.This Amendment to the Economic Development Performance and Program Grant Agreement by and between the City of Odessa, Texas, and Cinergy Entertainment Odessa, Inc. | 1 |
| Parent / guarantor | Cinergy Cinemas Odessa LPWHEREAS, the City of Odessa and Cinergy Cinemas Odessa LP d/b/a Cinergy Cinemas & Entertainment (“Cinergy Cinemas”) entered into an Economic Development Performance and Program Grant Agreement | 1 |
| Instrument | Program Grant“Program Grant” means a conditional grant of Four Million Nine Hundred Thirty-Two Thousand Two Hundred Seventy and 42/100 Dollars ($4,932,270,42) | 2 |
| Governing chapter | Not stated in the agreement | — |
| Capital investment | $11,300,000Company shall commence construction of the expansion project as referenced in Exhibit “B”, as revised below, in the amount of eleven million three hundred thousand dollars ($11,300,000) | 2 |
| Grant or incentive | $4,932,270.42“Program Grant” means a conditional grant of Four Million Nine Hundred Thirty-Two Thousand Two Hundred Seventy and 42/100 Dollars ($4,932,270,42) | 2 |
| Jobs committed | 50create a minimum of 50 Jobs, on or before the project completion date | 2 |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 13,000 square feetThe expansion will add approximately 13,000 square feet to the initial constructed facility | 4 |
| Acreage | 12.9 acreson approximately 12.9 acres of property located just off Highway 191 in Odessa, Texas | 1 |
| Performance deadline | August 31, 2027with a completion date of August 31, 2027, subject to up to two (2) six (6) month extensions upon prior written request by Company. | 2 |
| Expiration | twenty (20) years from the date of the first grant payment after the effective date of the amendmentThis Agreement shall be effective as of the Effective Date and will terminate upon the earlier of the full performance of all the obligations of the Parties or twenty (20) years from the date of the first grant payment after the effective date of the amendment | 2 |
| Effective date | the date of the latter to execute this AmendmentThis Amendment becomes effective on the date of the latter to execute this Amendment by and between City and Cinergy. | 2 |
| Signatory | Rick SchwarteThis instrument was acknowledged before me on the Ard. day of hath 20 Oh by Rich Schwarte, CEO of Cinergy Entertainment Odessa, Inc., a Texas corporation, on behalf of said company. | 6 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0013591 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.