The Abatement RegisterNorth Richland HillsAgreement 0013661
Texas Chapter 380 / 381 agreement · North Richland Hills

GREENWAY PARKS, LLC

Agreement 0013661, filed with the Texas Comptroller by CITY OF NORTH RICHLAND HILLS, TEXAS.

$ 65,000,000committed capital investment
three-hundred and sixty (360) days after a grading permit for the Project is issued by the Cityperformance deadline
The obligation

What the contract requires.

“Construction of the Project shall commence no later than three-hundred and sixty (360) days after a grading permit for the Project is issued by the City.”Executed agreement, p. 5
“Hard Cost $ 65,000,000”Executed agreement, p. 25
The repayment remedy

What happens if it is not met.

“then the Company shall immediately repay the Program Grant to the City in the amount of $121,200”Executed agreement, p. 12

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.

FieldValue & quoted sourcePage
Granting bodyCITY OF NORTH RICHLAND HILLS, TEXASCITY OF NORTH RICHLAND HILLS, TEXAS (hereafter “City”), a home rule municipality organized under the laws of the State of Texas1
Contracting entityGREENWAY PARKS, LLCGREENWAY PARKS, LLC, a Texas limited liability company (hereafter ““Company’’)1
Parent / guarantorNot stated in the agreement—
InstrumentECONOMIC DEVELOPMENT 380 PROGRAM AGREEMENTECONOMIC DEVELOPMENT 380 PROGRAM AGREEMENT1
Governing chapterChapter 380, Local Government CodeIII, Chapter 52-a”) and Chapter 380, Texas Local Government Code, as amended (“380 Program”) under which the City has the authority to make grants of public funds to private sector entities for the public purposes of developing and diversifying the economy of the State of Texas, eliminating unemployment or underemployment in the State of Texas, and developing or expanding transportation or commerc—
Capital investment$ 65,000,000Hard Cost $ 65,000,00025
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—
Acreage13.815 acresbeing approximately 13.815 acres and shown on the attached Exhibit “A” (the “Property”)1
Performance deadlinethree-hundred and sixty (360) days after a grading permit for the Project is issued by the CityConstruction of the Project shall commence no later than three-hundred and sixty (360) days after a grading permit for the Project is issued by the City.5
Expirationten (10) years after the Certificate of Completion for the Project is issued by the CityThis Agreement shall be effective as of the Effective Date and shall expire on the earlier of (i) the date that is ten (10) years after the Certificate of Completion for the Project is issued by the City4
Effective dateNot stated in the agreement—
SignatoryWilliam Gietema, JrWilliam Gietema, Jr, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he is a Manager of GREENWAY PARKS, LLC20
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Project components · p. 24

approximately 100 single-family detached residential units and 102 townhouse units with open space and related park amenities

How to check this page

Every line above is in the contract.

Agreement 0013661 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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