The Abatement RegisterDallasAgreement 0014547
Texas Chapter 380 / 381 agreement · Dallas

USL Dallas, LLC

Agreement 0014547, filed with the Texas Comptroller by CITY OF DALLAS.

$200,000grant or incentive
December 31, 2032performance deadline
The obligation

What the contract requires.

“retention of the Job Creation Requirement (defined herein) jobs through December 31, 2032”Executed agreement, p. 4
“relocate the existing 12 full-time jobs to the Facility in Dallas and create up to 85 new full-time jobs by the end of 2030, for a planned total of 97 full-time jobs.”Executed agreement, p. 2
The repayment remedy

What happens if it is not met.

“Grantee shall repay to the City the Grant pursuant to Section 9.D.”Executed agreement, p. 8

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 · $100,000.00

What was abated, and for how long.

—first installment
—second installment
—third installment

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 DALLASCITY OF DALLAS, a Texas municipal corporation located in Dallas County, Texas (the “City”),3
Contracting entityUSL Dallas, LLCUSL DALLAS, LLC, a Texas limited liability company (“Grantee”),3
Parent / guarantorNot stated in the agreement—
Instrumentconditional economic development grant agreementAuthorize a conditional economic development grant agreement ("Grant Agreement")2
Governing chapterChapter 380, Local Government Codeand Ch.380 Conditional Grant Agreement Page 1 USL Dallas, LLC <<<PAGE 4>>> 26-5873 WHEREAS, the City, pursuant to Chapter 380 of the Texas Local Government Code, desires to enter into a Chapter 380 economic development grant agreement with Grantee in consideration of Grantee’s: (i) relocation its corporate headquarters to Dallas, Texas ;—
Capital investmentNot stated in the agreement—
Grant or incentive$200,000a total amount not to exceed $200,000, payable in three installment payments2
Jobs committed97 recital language, not a covenantrelocate the existing 12 full-time jobs to the Facility in Dallas and create up to 85 new full-time jobs by the end of 2030, for a planned total of 97 full-time jobs.2
Wage requirement$90,000.00the average annual salary shall be $90,000.00, excluding compensation for overtime, benefits, and bonuses6
Square footage12,000 square feetconsisting of approximately 12,000 square feet of leased office space2
Acreage3.819 acrescontaining 3.819 acres of land, more or less.23
Performance deadlineDecember 31, 2032retention of the Job Creation Requirement (defined herein) jobs through December 31, 20324
ExpirationDecember 31, 2032The term of this Agreement shall begin on the December 24, 2025 and end on December 31, 20324
Effective dateDecember 24, 2025effective as of December 24, 2025,21
SignatoryMatt ValentineMatt Valentine Chairman & Founder21
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 26
00081100000
How to check this page

Every line above is in the contract.

Agreement 0014547 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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