The Abatement RegisterRichardsonAgreement 0014598
Texas Chapter 380 / 381 agreement · Richardson

Lakeside Commercial LP.

Agreement 0014598, filed with the Texas Comptroller by City of Richardson, Texas.

$15,000,000.00committed capital investment
$2,000,000.00grant or incentive
August 1, 2026performance deadline
The obligation

What the contract requires.

“4.7. Tenant Finish Out, Subject to events of Force Majeure, Company shall cause the Commencement of Construction to occur on or before October 1, 2025, and shall, subject to events of Force Majeure, cause Completion of Construction of the Tenant Finish Out to occur on or before August |, 2026.”Executed agreement, p. 6
“WHEREAS, Lessee intends to: (i) relocate to the Leased Premises; and (ii) relocate approximately 1,600 existing and new employment positions to the Leased Premises;”Executed agreement, p. 1
“WHEREAS, Company intends to make a Capital Investment (hereinafter defined) in the Leased Premises of not less than Fifteen Million and No/100 ($15,000,000.00);”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“5.2 Repayment. In the event the Agreement is terminated by City prior to the Expiration Date pursuant to Section 5.1(c), (d), (e), or (f), Company shalt immediately repay to City an amount equal to the Grant previously paid by City to Company immediately preceding the date of such termination, plus interest”Executed agreement, p. 7

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 · $1,000,000.00

What was abated, and for how long.

—First Installment
—Second 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 Richardson, TexasThis Second Amended and Restated Economic Development [ncentive Agreement (“Agreement”) is made by and between the City of Ricardson, Texas (“City”), and Lakeside Commercial LP., a Texas limited partnership (“Company”)1
Contracting entityLakeside Commercial LP.This Second Amended and Restated Economic Development [ncentive Agreement (“Agreement”) is made by and between the City of Ricardson, Texas (“City”), and Lakeside Commercial LP., a Texas limited partnership (“Company”)1
Parent / guarantorProvident Realty AdvisorsLakeside Commercial LP c/o Provident Realty Advisors 10210 N. Central Expressway Dallas, Texas 752319
InstrumentEconomic Development Incentive AgreementThis Second Amended and Restated Economic Development [ncentive Agreement1
Governing chapterChapter 380, Local Government Codeand Pace 1 SECOND AMENDEO AND RESTATED ECONOMIC De VELOPMENT [INCENTIVE AGREEMENT CIty OF RICHARDSON AND LAKESIDE CoMMERCIAL LP <<<PAGE 2>>> WHEREAS, City is authorized by Article IL, Section 52-a of the Texas Constitution and Texas Local Government Code Chapter 380 to provide economic development grants to promote local economic development and to stimulate business and commercial activity in the—
Capital investment$15,000,000.00WHEREAS, Company intends to make a Capital Investment (hereinafter defined) in the Leased Premises of not less than Fifteen Million and No/100 ($15,000,000.00);1
Grant or incentive$2,000,000.00“Grant” shall mean an economic development grant to offset the costs incurred and paid by Company for the Tenant Finish Out for the Leased Premises for the occupancy of the Leased Premises by Lessee in an amount of up to Two Million and No/100 Dollars ($2,000,000.00), to be paid in two (2) installments as set forth herein.4
Jobs committed1,600 recital language, not a covenantWHEREAS, Lessee intends to: (i) relocate to the Leased Premises; and (ii) relocate approximately 1,600 existing and new employment positions to the Leased Premises;1
Wage requirementNot stated in the agreement—
Square footage180,000and intends to renovate and modernize thc Building for the lease of seven (7) floors in the Building consisting of not less than 180,000 squarc feet of space to Lessee1
AcreageNot stated in the agreement—
Performance deadlineAugust 1, 20264.7. Tenant Finish Out, Subject to events of Force Majeure, Company shall cause the Commencement of Construction to occur on or before October 1, 2025, and shall, subject to events of Force Majeure, cause Completion of Construction of the Tenant Finish Out to occur on or before August |, 2026.6
ExpirationJanuary 23, 2031“Expiration Date” shall mean the fifth (5'') anniversary of the Commencement Date.3
Effective dateAugust 2026EXECUTED this qc day of AUGUST , 2026.13
SignatoryJulian HawesJulian Hawes IAS? Pyesidentjof its as Partner26
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 0014598 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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