The Abatement RegisterCorinthAgreement 0014075
Texas Chapter 380 / 381 agreement · Corinth

MMD Development, LLC

Agreement 0014075, filed with the Texas Comptroller by City of Corinth, Texas.

$3,000,000.00committed capital investment
$368,400.00grant or incentive
thirty-six (36) months after the Effective Dateperformance deadline
The obligation

What the contract requires.

“Completion of Improvements to occur not later than thirty-six (36) months after the Effective Date”Executed agreement, p. 7
“invest a minimum of Three Million Dollars ($3,000,000.00) towards construction of those Improvements”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“the Developer shall be deemed to be in default of this Agreement and repay the total amount of the Grant Payment and any other funds received by the Developer from the City”Executed agreement, p. 13

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 Corinth, TexasCity of Corinth, Texas, a home rule municipality (the “City”)1
Contracting entityMMD Development, LLCMMD Development, LLC, a Texas limited liability company (the “Developer’”)1
Parent / guarantorNot stated in the agreement—
InstrumentTree Mitigation Fee Waivergrant in the form of a Tree Mitigation Fee Waiver2
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> Docusign Envelope ID: 8E4D392A-0F8A-876F-81AD-OCE85F75CBDA CHAPTER 380 ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT This Chapter 380 Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Corinth, Texas, a home rule municipality (the “City”) and MMD Development, LLC, a Texas limited liability company (the “Developer’”), acting by and through their respec—
Capital investment$3,000,000.00invest a minimum of Three Million Dollars ($3,000,000.00) towards construction of those Improvements1
Grant or incentive$368,400.00Developer Owes City: $368,400.0019
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage14,650 square foot“Commercial Building” shall mean the approximate 14,650 square foot commercial building3
Acreage4.298 acrestwo tracts of land equaling approximately 4.298 acres1
Performance deadlinethirty-six (36) months after the Effective DateCompletion of Improvements to occur not later than thirty-six (36) months after the Effective Date7
ExpirationNot stated in the agreement—
Effective dateJuly 3, 2026Date: July 3, 202615
SignatoryMassud MojraBy: Massud Mojra16
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 0014075 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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