The Abatement RegisterLeanderAgreement 0014312
Texas Chapter 380 / 381 agreement · Leander

SJP Acquisitions, LLC

Agreement 0014312, filed with the Texas Comptroller by CITY OF LEANDER, TEXAS.

$24,000,000committed capital investment
$4,000,000.00grant or incentive
50%of Site Improvement Incentive abated
January 1, 2028performance deadline
The obligation

What the contract requires.

“Company obtains a Certificate of Occupancy for the Commercial/Office Building on or before January 1, 2028”Executed agreement, p. 9
““Financing” means Company having obtained a minimum of Twenty-Four Million ($24,000,000 and 00/100) Dollars in loan proceeds to fund the Commercial/Office Building Construction Costs.”Executed agreement, p. 4
The remedy

What the contract says happens.

“Company shall pay back to City any Chapter 380 Incentives paid to the Company prior to the date upon which City gives notice of the breach, within One Hundred Twenty (120) days of written demand by 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.

Abatement schedule · Site Improvement Incentive · p. 10

What was abated, and for how long.

50%Phase 1
—Phase 2
50%Phase 1
—Phase 2

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 LEANDER, TEXASCITY OF LEANDER, TEXAS, a home-rule city and municipal corporation of Williamson and Travis Counties, Texas1
Contracting entitySJP Acquisitions, LLCSJP Acquisitions, LLC, a Maryland limited liability company, as agent for a Maryland limited liability company to be formed in connection with the acquisition of the Property1
Parent / guarantorSt. John Projects, LLCSt. John Projects, LLC (“Guarantor”) delivers to the City a guaranty8
InstrumentChapter 380 Economic Incentive AgreementChapter 380 Economic Incentive Agreement — Project EDA-25-0081
Governing chapterChapter 380, Local Government Code<<<PAGE 1>>> THE STATE OF TEXAS Chapter 380 Economic Incentive Agreement -- Project EDA-25-008 LP Lr LP Lr Lr UN COUNTY OF WILLIAMSON THIS Chapter 380 Economic Incentive Agreement — Project EDA-25-008 (the “Agreement”) is executed effective [¢ 1O,202(“Effective Date”) by and between SJP Acquisitions, LLC, a Maryland limited liability company, as agent for a Maryland limited liability company to be—
Capital investment$24,000,000“Financing” means Company having obtained a minimum of Twenty-Four Million ($24,000,000 and 00/100) Dollars in loan proceeds to fund the Commercial/Office Building Construction Costs.4
Grant or incentive$4,000,000.00“Maximum Economic Incentive Amount” means Four Million and No/100 Dollars ($4,000,000.00).6
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage95,000construct a minimum three story 95,000 square foot Class A commercial/office building1
AcreageNot stated in the agreement—
Performance deadlineJanuary 1, 2028Company obtains a Certificate of Occupancy for the Commercial/Office Building on or before January 1, 20289
ExpirationNot stated in the agreement—
Effective date02 10,2026executed effective [¢ 1O,202(“Effective Date”)1
SignatorySean DoordanName: Sean Déordan19
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 0014312 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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