The Abatement RegisterLewisvilleAgreement 0013999
Texas Chapter 380 / 381 agreement · Lewisville

TSMA Holdings, LLC

Agreement 0013999, filed with the Texas Comptroller by City of Lewisville, Texas.

The obligation

What the contract requires.

“Failure to reach Substantial Completion by the deadline as it may be extended pursuant to section 3.1.2 shall constitute a material breach of this Agreement.”Executed agreement, p. 4

The date in this field is not fully supported by the sentence quoted beside it, usually because the scan is damaged or the contract states a period rather than a date. It is shown as read, flagged, and not relied on.

The repayment remedy

What happens if it is not met.

“Should the Mural or any part thereof be removed for any reason during the Term of this Agreement, including removal required by section 3.3.3, above, Owner shall be obligated to repay the City a portion of the Mural Grant, prorated by month, proportional to the time remaining in the Term.”Executed agreement, p. 6

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.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyCity of Lewisville, Texasthe City of Lewisville, Texas, a home rule city and municipal corporation of Denton County, Texas1
Contracting entityTSMA Holdings, LLCTSMA Holdings, LLC, a Texas limited liability company1
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development AgreementECONOMIC DEVELOPMENT AGREEMENT1
Governing chapterChapter 380, Local Government CodeWITNESSETH: WHEREAS, pursuant to Chapter 380 of the Texas Local Government Code ("Statute"), the City adopted an Economic Incentive Policy for making economic development incentives and grants on June 5, 2023 ("the Policy Statement");—
Capital investmentNot stated in the agreement—
Grant or incentiveten thousand dollars ($10,000.00)which shall not exceed ten thousand dollars ($10,000.00)6
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage670 square feetThe Mural shall comprise of approximately 670 square feet of the total area of the south wall of the Building.5
AcreageNot stated in the agreement—
Performance deadlinetwelve (12) months from the Effective Date date not fully supported by the quoted sentenceFailure to reach Substantial Completion by the deadline as it may be extended pursuant to section 3.1.2 shall constitute a material breach of this Agreement.4
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryTerry SullivanName: Terry Sullivan, Owner12
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 0013999 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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