3880 The Grove, LLC

Agreement 0014179, filed with the Texas Comptroller by County of Orange, Texas.

$45,000,000committed capital investment

$400,000grant or incentive

September 29, 2028performance deadline

The obligation

What the contract requires.

“no later than September 29, 2028”Executed agreement, p. 4

“at least Forty Five Million Dollars ($45,000,000)”Executed agreement, p. 3

Statutory clause

This is not a performance remedy.

“If during the Term of this Agreement, the Company is convicted of a violation under 8 U.S.C. §1324(a)(f), the Company shall repay the amount of public subsidy provided under this Agreement plus interest, at the rate of 7% per annum, not later than the 120th day after the conviction date.”Executed agreement, p. 9

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 · $200,000

What was abated, and for how long.

—Within thirty (30) days of the Company’s reasonable submission to the County of copies of Certificate(s) of Occupancy for one or more “anchor’-type stores

—within thirty (30) days of the Company’s reasonable submission to the County of copies of Certificate(s) of Occupancy for one or more businesses comprising not less than Eighty Percent (80%) of the remainder of the retail space

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	County of Orange, TexasCounty of Orange, Texas	11
Contracting entity	3880 The Grove, LLC3880 The Grove, LLC	12
Parent / guarantor	Cadance Development Partners, LLCCadance Development Partners, LLC	12
Instrument	381 Payment381 Payment	4
Governing chapter	Chapter 381, Local Government Code<<<PAGE 1>>> WHEREAS, consistent with Chapter 381 and other applicable law, the County and the Company, as contemplated in this Agreement, agree to work together to advance the public purposes of developing and diversifying the economy of the State of Texas and eliminating unemployment or underemployment in the State;	—
Capital investment	$45,000,000at least Forty Five Million Dollars ($45,000,000)	3
Grant or incentive	$400,000up to Four Hundred Thousand Dollars ($400,000)	4
Jobs committed	Not stated in the agreement	—
Wage requirement	Not stated in the agreement	—
Square footage	50,000not less than 50,000 square feet	1
Acreage	Not stated in the agreement	—
Performance deadline	September 29, 2028no later than September 29, 2028	4
Expiration	September 30, 2028September 30, 2028	5
Effective date	Not stated in the agreement	—
Signatory	Matt MaglothinName: Matt Maglothin	12
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 0014179 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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