The Abatement RegisterBalch SpringsAgreement 0014307
Texas Chapter 380 / 381 agreement · Balch Springs

BALCH SPRINGS ALEXANDER, LLC

Agreement 0014307, filed with the Texas Comptroller by CITY OF BALCH SPRINGS, TEXAS.

$3,600,000.00committed capital investment
$1,500,000.00grant or incentive
34permanent jobs committed
January 31, 2028performance deadline
The obligation

What the contract requires.

“Developer covenants and agrees to provide to the other Parties said invoices or other documentation for the Qualified Expenditures by January 31, 2028.”Executed agreement, p. 6
“Developer covenants and agrees by January 31, 2029, to employ and maintain or caused to be employed and maintained a minimum of thirty-four (34) Full-Time Equivalent Employment Positions”Executed agreement, p. 6
“Developer shall develop the Commercial Property by constructing Qualified Expenditures identified in Section 3(k) above, in the minimum amount of Three Million Six Hundred and No/100 Dollars ($3,600,000.00),”Executed agreement, p. 6
The repayment remedy

What happens if it is not met.

“Default occurs between July 1, 2032, and June 30, 2033, Developer repays 100% of any financial incentives provided by the other Parties to Developer pursuant to Sections 5, 6 and 7 of this Agreement.”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.

Abatement schedule · reimbursement payment

What was abated, and for how long.

—two (2) years

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.

FieldValue & quoted sourcePage
Granting bodyCITY OF BALCH SPRINGS, TEXASCITY OF BALCH SPRINGS, TEXAS, a Texas home-rule municipality (hereinafter referred to as the “City”);1
Contracting entityBALCH SPRINGS ALEXANDER, LLCBALCH SPRINGS ALEXANDER, LLC, a Texas limited liability company (hereinafter referred to as “Developer”),1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 380 Economic Development Program Agreement and Performance AgreementSECOND AMENDED AND RESTATED CHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT AND PERFORMANCE AGREEMENT1
Governing chapterChapter 380, Local Government CodeSECOND AMENDED AND RESTATED CHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT AND PERFORMANCE AGREEMENT This SECOND AMENDED AND RESTATED CHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT AND PERFORMANCE AGREEMENT (hereinafter referred to as the “Agreement’”) is made and entered into by and between the CITY OF BALCH SPRINGS, TEXAS, a Texas home-rule municipality (hereinafter referred to as the “C—
Capital investment$3,600,000.00Developer shall develop the Commercial Property by constructing Qualified Expenditures identified in Section 3(k) above, in the minimum amount of Three Million Six Hundred and No/100 Dollars ($3,600,000.00),6
Grant or incentive$1,500,000.00shall be made in the form of a reimbursement payment to the Developer in the amount not to exceed $1,500,000.00 distributed over a period of two (2) years and three (3) payment installments3
Jobs committedthirty-four (34)Developer covenants and agrees by January 31, 2029, to employ and maintain or caused to be employed and maintained a minimum of thirty-four (34) Full-Time Equivalent Employment Positions6
Wage requirementNot stated in the agreement—
Square footage50,000 square feetA minimum 50,000 square feet of retail, restaurant, and entertainment space,4
Acreage14-acre tractThe words “Residential Property” mean the approximately five (5) acres of the total 14-acre tract4
Performance deadlineJanuary 31, 2028Developer covenants and agrees to provide to the other Parties said invoices or other documentation for the Qualified Expenditures by January 31, 2028.6
ExpirationDecember 31, 2033This Agreement shall be effective as of the Effective Date, as defined herein, and shall continue thereafter until December 31, 2033, unless terminated sooner under the provisions hereof.3
Effective date2026THIS MEMORANDUM OF RIGHT OF REPURCHASE (hereinafter referred to as the “Memorandum”) is entered into on this __ day of , 2026 (hereinafter referred to as the “Effective Date”),38
SignatoryHALELEL Z AneName: #ALELEL 2 Ane41
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 0014307 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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