The Abatement RegisterElginAgreement 0013762
Texas Chapter 380 / 381 agreement · Elgin

AV ELGIN 46, LP, AV ELGIN 46 QOF, LP, MRRM QOZP LP

Agreement 0013762, filed with the Texas Comptroller by Elgin Economic Development Corporation.

$14,127,204.00committed capital investment
25–75%of Sales and Use Tax Receipts abated
December 31, 2026performance deadline
The obligation

What the contract requires.

“cause Commencement of Construction of the Project to occur on or before December 31, 2026”Executed agreement, p. 6
“it is projected that at least one hundred (100) Employment Positions will be created, filled and maintained at the Project.”Executed agreement, p. 10
“with an estimated cost of Fourteen Million, One Hundred Twenty-Seven Thousand Two Hundred Four and No /100 Dollars ($14, 127,204.00)”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“Company shall within thirty (30) days after notice of termination repay to EEDC an amount equal to the Sales and Use Tax Grants paid by EEDC to Company”Executed agreement, p. 11

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.

Abatement schedule · Sales and Use Tax Receipts · p. 6

What was abated, and for how long.

75%1-5
50%6-10
25%11-15

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.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyElgin Economic Development Corporationthe Elgin Economic Development Corporation, a Texas nonprofit Type B sales tax corporation ("EEDC")1
Contracting entityAV ELGIN 46, LP, AV ELGIN 46 QOF, LP, MRRM QOZP LPAV ELGIN 46, LP, a Texas Limited Partnership ("AV Elgin 46 LP"), AV ELGIN 46 QOF, LP, a Texas Limited Partnership ("AV Elgin 46 QOF LP"), and MRRM QOZP LP, a Delaware Limited Partnership ("MRRM QOZP LP")1
Parent / guarantorAmerican Ventures LLCowned directly or indirectly by American Ventures LLC12
InstrumentEconomic Development Incentive AgreementThis Economic Development Incentive Agreement ("Agreement")1
Governing chapterNot stated in the agreement—
Capital investment$14,127,204.00with an estimated cost of Fourteen Million, One Hundred Twenty-Seven Thousand Two Hundred Four and No /100 Dollars ($14, 127,204.00)1
Grant or incentiveFour Million Two Hundred Fifty Thousand and No/100 Dollars ($4,250,000.00)(ii} Four Million Two Hundred Fifty Thousand and No/100 Dollars ($4,250,000.00).4
Jobs committedone hundred (100) Employment Positions recital language, not a covenantit is projected that at least one hundred (100) Employment Positions will be created, filled and maintained at the Project.10
Wage requirementNot stated in the agreement—
Square footage325,000 square feet of retail spaceincluding approximately 325,000 square feet of retail space1
Acreage45.555 acrescontaining 45.555 acres of land, more or less.18
Performance deadlineDecember 31, 2026cause Commencement of Construction of the Project to occur on or before December 31, 20266
Expirationfifteenth (15") anniversary of the Commencement Date“Expiration Date” shall mean the earlier of: (i) fifteenth (15") anniversary of the Commencement Date ; and (ii) date of payment of the Maximum Sales Tax Grant Amount.3
Effective dateDecember 18, 2025SIGNED AND AGREED this 18th day of December, 2025.17
SignatoryShravan ParsiName: Shravan Parsi16
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 0013762 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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