Agreement 0014673, filed with the Texas Comptroller by Town of Addison, Texas.
The remedy here is discretionary — the clause says it may be applied, not that it must be.
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.
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.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | Town of Addison, TexasThis Economic Development Grant Agreement ("Agreement’’) is made by and between the Town of Addison, Texas ("Town” or “Addison”) | 4 |
| Contracting entity | LMR II — Quorum II Plaza LLCThis Economic Development Grant Agreement ("Agreement’’) is made by and between the Town of Addison, Texas ("Town” or “Addison”) and LMR II — Quorum IT Plaza LLC, a Texas limited liability company ("Company") | 4 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development Grant AgreementThis Economic Development Grant Agreement ("Agreement’’) | 4 |
| Governing chapter | Chapter 380, Local Government Codeand WHEREAS, the Town is authorized by Article II, Section 52-a of the Texas Constitution and Chapter 380 of the Texas Local Government Code to provide economic development incentives to promote local economic development and stimulate business and commercial activity; | — |
| Capital investment | $2,500,000.00the Company and/or its tenant(s) intend to spend a minimum of $2,500,000.00, in the aggregate, towards total improvements upon the Premises | 1 |
| Grant or incentive | $50,000.00PROVIDING FOR A CAPITAL IMPROVEMENT GRANT IN AN AMOUNT NOT TO EXCEED $50,000.00 | 1 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 77,000 square feetmaintaining a minimum 77,000 square feet of Leasable Area | 7 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | Not stated in the agreement | — |
| Expiration | December 31, 2033This Agreement shall be effective as of the Effective Date of this Agreement, as defined herein, and shall expire on December 31, 2033, unless sooner terminated as provided herein (the “Expiration Date’’). | 7 |
| Effective date | December 9, 2025PASSED AND APPROVED by the City Council of the Town of Addison, Texas this 9th day of DECEMBER 2025. | 2 |
| Signatory | David GainesDavid Gaines City Manager | 18 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0014673 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.
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.