Agreement 0013798, filed with the Texas Comptroller by City of Kyle, Texas.
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 Kyle, TexasTHIS DEVELOPMENT AGREEMENT (the “Agreement’”’) is made and entered into as of the 19th day of December , 2023 (the “Effective Date”) by and between the City of Kyle, Texas, a home rule municipality located in Hays County, Texas (the “City”) | 1 |
| Contracting entity | Transwestern Development Company, L.L.C., a Delaware limited liability company and NewQuest Equity, L.C., a Texas limited liabilityTranswestern Development Company, L.L.C., a Delaware limited liability company and NewQuest Equity, L.C., a Texas limited liability (collectively, the “Developer”). | 1 |
| Parent / guarantor | Caraway Cattle Company Family Partnership, LLPCaraway Cattle Company Family Partnership, LLP, a Texas limited liability partnership (the “Qwner”) | 1 |
| Instrument | Development AgreementTHIS DEVELOPMENT AGREEMENT (the “Agreement’”’) | 1 |
| Governing chapter | Chapter 380/381, Local Government CodeThe Parties intend to enter into an agreement related to the Project (a "Chapter 380 Agreement") [substantially in the form attached as Exhibit “J,” with such changes as agreed to by the Parties], in accordance with Article II, Section 52-a of the Texas Constitution and Chapter 380 of the Texas Local Government Code, as amended. | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | Not stated in the agreement | — |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 450,000 square feetwith up to 426 multi-family dwelling units and approximately 450,000 square feet of commercial and retail | 4 |
| Acreage | 101.8 acresconsisting of approximately 101.8 acres of land, more or less | 1 |
| Performance deadline | December 31, 2031shall complete construction and obtain a Certificate of Occupancy for the Private Park and 30,000 square feet of retail, restaurant, or office space within the Vertical Structures within the Urban District Park Tract by December 31, 2031. | 8 |
| Expiration | December 19, 2048The “Expiration Date” shall be the earlier to occur of: (a) the date that an amount equal to the Total Payments is paid to the Developer, or (b) December 31, 2048 | 15 |
| Effective date | December 19, 2023THIS DEVELOPMENT AGREEMENT (the “Agreement’”’) is made and entered into as of the 19th day of December , 2023 (the “Effective Date”) | 1 |
| Signatory | Jeff KnowlesBy: Box KeerX_ Name: | DetE Knowles | 20 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
mixed-use development consisting of commercial, retail and multifamily uses
Agreement 0013798 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.