The Abatement RegisterBedfordAgreement 0013772
Texas Chapter 380 / 381 agreement · Bedford

Aberfeldy Properties, Inc.

Agreement 0013772, filed with the Texas Comptroller by City of Bedford, Texas.

$643,000committed capital investment
$161,000grant or incentive
25%of Site Improvements abated
March 31, 2029performance deadline
The obligation

What the contract requires.

“Such improvements shall be completed by no later than March 31, 2029.”Executed agreement, p. 3
“indicating that the Company spent, or caused to be spent, at least six hundred forty three thousand dollars ($643,000) on Site Improvements.”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“5.2. Repayment. In the event this Agreement is terminated by City pursuant to Section 5.1(b), (c), or (d), and the expiration of any applicable cure period, Company shall immediately refund to City an amount equal to the amount of all of the Grants that have been provided by City to Company prior to the date of such termination, plus interest”Executed agreement, p. 5

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 · Site Improvements · p. 2

What was abated, and for how long.

25%

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 bodyCity of Bedford, TexasThis Chapter 380 Economic Development Agreement ("Agreement") is made by and between the City of Bedford, Texas ("City"), and Aberfeldy Properties Inc.1
Contracting entityAberfeldy Properties, Inc.This Chapter 380 Economic Development Agreement ("Agreement") is made by and between the City of Bedford, Texas ("City"), and Aberfeldy Properties Inc., a Delaware corporation (the "Company’).1
Parent / guarantorYounger Partners Property Services, LLCBy: Younger Partners Property Services, LLC (its Manager)9
InstrumentSite Improvement Grant“Grants” shall mean the Site Improvement Grant.2
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF BEDFORD, TEXAS, & ABERFELDY PROPERTIES, Inc This Chapter 380 Economic Development Agreement (“Agreement”) is made by and between the City of Bedford, Texas (“City”), and Aberfeldy Properties Inc., a Delaware corporation (the “Company’).—
Capital investment$643,000indicating that the Company spent, or caused to be spent, at least six hundred forty three thousand dollars ($643,000) on Site Improvements.3
Grant or incentive$161,000‘““Not-to-Exceed Amount” shall mean the value of Grants totaling $161,000.2
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineMarch 31, 2029Such improvements shall be completed by no later than March 31, 2029.3
ExpirationNot stated in the agreement—
Effective dateApril 1, 2026This instrument was acknowledged before me on the i. day of Apv \ . 2026, by Heidi Mansoori Managing Director9
SignatoryHeidi MansooriHeidi M: soori, Managing Director9
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 0013772 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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