The Abatement RegisterRichardsonAgreement 0014744
Texas Chapter 380 / 381 agreement · Richardson

SAF CTP, LLC

Agreement 0014744, filed with the Texas Comptroller by City of Richardson, Texas.

$1,250,000.00committed capital investment
$300,000.00grant or incentive
March 1, 2027performance deadline
The obligation

What the contract requires.

“Company shall, subject to delays caused by events of Force Majeure, cause Completion of Construction of the Tenant Improvements to occur on or before March 1, 2027.”Executed agreement, p. 5
“WHEREAS, Company as the landlord under the Lease intends to make a Capital Investment (hereinafter defined) in the approximate amount of One Million Two Hundred Fifty Thousand and No/100 ($1,250,000.00);”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 pursuant to Section 5.1(c), (d), (e), or (f), Company shall immediately repay to City an amount equal to the Modernization Grant paid by City to Company preceding the date of such termination, plus interest”Executed agreement, p. 6

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.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyCity of Richardson, TexasThis Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Richardson, Texas (the “City”), and SAF CTP, LLC, a Texas limited liability company1
Contracting entitySAF CTP, LLCThis Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Richardson, Texas (the “City”), and SAF CTP, LLC, a Texas limited liability company1
Parent / guarantorAFSCP, Ltd.SAF CTP, LLC a Texas limited liability company By: AFSCP, Ltd., a Texas limited partnership, its sole member9
InstrumentEconomic Development Incentive AgreementSTATE OF TEXAS § § ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT1
Governing chapterChapter 380, Local Government Codeand WHEREAS, City is authorized by Article III, 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 City;—
Capital investment$1,250,000.00WHEREAS, Company as the landlord under the Lease intends to make a Capital Investment (hereinafter defined) in the approximate amount of One Million Two Hundred Fifty Thousand and No/100 ($1,250,000.00);1
Grant or incentive$300,000.00“Modernization Grant” shall mean an economic development grant in an amount of Three Hundred Thousand and No/100 Dollars ($300,000.00), to be paid as set forth herein.3
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footage36,000WHEREAS, Company has or intends to lease not less than thirty-six thousand (36,000) square feet of space in the Building1
AcreageNot stated in the agreement—
Performance deadlineMarch 1, 2027Company shall, subject to delays caused by events of Force Majeure, cause Completion of Construction of the Tenant Improvements to occur on or before March 1, 2027.5
Expirationfifth (Sth) anniversary of the Commencement Date“Expiration Date” shall mean the fifth (Sth) anniversary of the Commencement Date.3
Effective dateAugust 27, 2026EXECUTED this the 27" day of _ Avquaf- , 2026.9
SignatoryTod FobareIf intended for Company, to: SAF CTP, LLC Attn: Tod Fobare7
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 0014744 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.

[email protected]