Agreement 0013759, filed with the Texas Comptroller by City of McAllen.
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 McAllenWHEREAS, the City of McAllen of Hidalgo County, Texas (hereinafter “McALLEN” or “CITY”), a home-tule city, is a political subdivision of the State of Texas | 1 |
| Contracting entity | SHRI ROOP CHAND COMPANY LLCCHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF MCALLEN AND _SHRI ROOP CHAND COMPANY LLC | 1 |
| Parent / guarantor | Puneet JainWHEREAS, Puneet Jain, (‘PROPERTY OWNER”) is the owner of SHRI ROOP CHAND COMPANY LLC | 2 |
| Instrument | 50% Matching Reimbursement Grant IncentiveA. 50% Matching Reimbursement Grant Incentive. | 3 |
| Governing chapter | Chapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF MCALLEN AND _SHRI ROOP CHAND COMPANY LLC PRIORITY CORRIDOR REVITALIZATION PROGRAM (REFRESH 50/50) WHEREAS, the Constitution under Article 3, Section 52A authorizes the state legislature to enable political subdivisions to implement programs for purposes of economic development under which such political subdivisions may ma | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | $25,000.00To provide PROPERTY OWNER with a 50% economic development incentive in an amount up to Twenty-Five Thousand and 00/100" Dollars ($25,000.00) | 4 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | Not stated in the agreement | — |
| Performance deadline | ninety (90) days after CommencementPROPERTY OWNER must satisfy all CITY building requirements and pass CITY’s final inspection for the Approved Project on or before ninety (90) days after Commencement. | 4 |
| Expiration | Not stated in the agreement | — |
| Effective date | March 25, 2026EXECUTED on this 257 dayof —§- March 2026 | 7 |
| Signatory | Puneet JainIf intended for PROPERTY OWNER, to: Puneet Jain | 6 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0013759 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.