KFLP EQUITY 3, LLC

Agreement 0014079, filed with the Texas Comptroller by City of McAllen.

$25,000.00grant or incentive

50%of qualified storefront refresh projects abated

ninety (90) days after Commencementperformance deadline

The obligation

What the contract requires.

“PROPERTY OWNER must satisfy all CITY building requirements and pass CITY’s final inspection for the Approved Project on or before ninety (90) days after Commencement.”Executed agreement, p. 4

The remedy

What the contract says happens.

“It is an event of default if PROPERTY OWNER fails to enter Commencement of the Approved Project, and PROPERTY OWNER will not be entitled to any Incentives. To the extent that any Incentives have been distributed or paid to PROPERTY OWNER the same shall be returned to CITY immediately upon demand.”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 · qualified storefront refresh projects · p. 3

What was abated, and for how long.

50%

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 McAllenWHEREAS, the City of McAllen of Hidalgo County, Texas (hereinafter “McALLEN” or “CITY”), a home-rule city, is a political subdivision of the State of Texas	1
Contracting entity	KFLP EQUITY 3, LLCCHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF MCALLEN AND KFLP EQUITY 3, LLC	1
Parent / guarantor	Mark MassoWHEREAS, Mark Masso (“PROPERTY OWNER”) is the owner of KFLP EQUITY 3, LLC	2
Instrument	Chapter 380 Economic Development AgreementCHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT	1
Governing chapter	Chapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF MCALLEN AND KFLP EQUITY 3, LLC PRIORITY CORRIDOR REVITALIZATION PROGRAM (REFRESH 50/50) WHEREAS, the Constitution under Article 3, Section 52A authorizes the state legislature to enable political subdivisions to implement programs for purposes of economic development under which such political subdivisions may make loans o	—
Capital investment	Not stated in the agreement	—
Grant or incentive	$25,000.0050% matching grant reimbursement up to a maximum of Twenty-Five Thousand and 00/100" Dollars ($25,000.00)	3
Jobs committed	Not stated in the agreement	—
Wage requirement	Not stated in the agreement	—
Square footage	Not stated in the agreement	—
Acreage	Not stated in the agreement	—
Performance deadline	ninety (90) days after CommencementPROPERTY OWNER must satisfy all CITY building requirements and pass CITY’s final inspection for the Approved Project on or before ninety (90) days after Commencement.	4
Expiration	Not stated in the agreement	—
Effective date	June 23, 2026EXECUTED on this 23 dayof J Yv¥E , 2026	7
Signatory	Mark MassoIf intended for PROPERTY OWNER, to: Mark Masso	6
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 0014079 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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