Nevermore Properties, LLC

Agreement 0013995, filed with the Texas Comptroller by City of Lewisville, Texas.

50–75%of Local Sales Tax Receipts and City Mixed Beverage Tax Receipts abated

first anniversary of the Effective Dateperformance deadline

The obligation

What the contract requires.

“The Company shall achieve Substantial Completion on or before the first anniversary of the Effective Date.”Executed agreement, p. 6

Statutory clause

This is not a performance remedy.

“If the Company or a branch, division, or department of the Company is convicted of a violation under 8 U.S.C. §1324a(f), the Company shall repay the amount of the grants and any other funds received by the Company from the City, or fees waived by the City, under this Agreement”Executed agreement, p. 12

Texas Government Code 2264 requires this provision in every such agreement. It is triggered by employing unauthorised workers, not by missing a build or jobs target. The contract records no repayment remedy for the obligations above.

Abatement schedule · Local Sales Tax Receipts and City Mixed Beverage Tax Receipts · p. 7

What was abated, and for how long.

seventy-five percent (75%)year one (1) after Substantial Completion through year five (5)

fifty percent (50%)year six (6) after Substantial Completion through year ten (10)

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.

Field	Value & quoted source	Page
Granting body	City of Lewisville, TexasCity of Lewisville, Texas, a home rule city and municipal corporation of Denton County, Texas, duly acting by and through its City Manager ("City")	1
Contracting entity	Nevermore Properties, LLCNevermore Properties, LLC, a Texas limited liability company ("Company")	1
Parent / guarantor	Not stated in the agreement	—
Instrument	Economic Development AgreementThis Economic Development Agreement ("Agreement")	1
Governing chapter	Chapter 380, Local Government CodeThe City and Company shall be referred to herein collectively as the “Parties.” WITNESSETH: WHEREAS, pursuant to Chapter 380 of the Texas Local Government Code (hereinafter referred to as "Statute"), the City adopted an Economic Incentive Policy for making economic development incentives and grants on June 5, 2023 (hereinafter referred to as "the Policy Statement");	—
Capital investment	Not stated in the agreement	—
Grant or incentive	TEN THOUSAND DOLLARS AND 00/100 ($10,000.00)The total amount of the Mural Grant shall not exceed TEN THOUSAND DOLLARS AND 00/100 ($10,000.00)	9
Jobs committed	Not stated in the agreement	—
Wage requirement	Not stated in the agreement	—
Square footage	1,000 square feetThe mural shall comprise approximately 1,000 square feet of the total area of the wall.	10
Acreage	Not stated in the agreement	—
Performance deadline	first anniversary of the Effective DateThe Company shall achieve Substantial Completion on or before the first anniversary of the Effective Date.	6
Expiration	Not stated in the agreement	—
Effective date	Not stated in the agreement	—
Signatory	Ryan DickersonDocuSigned by: Ryan Dickersow Nam 443803F54833420...	19
Chain status	Terminal 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 0013995 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.

[email protected]