Chapter 380 Economic Development Agreement Sample Contracts

CITY OF NACOGDOCHES, TEXAS AND
Chapter 380 Economic Development Agreement • October 29th, 2020 • Texas

This CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT (hereinafter referred to as the “Agreement”) is made and entered into by and between the CITY OF NACOGDOCHES, TEXAS, a Texas home-rule municipality (the “City”), and Matthew R. Larson, DDS, a Texas limited liability company, its successors and assigns (“Grantee”).

LAWSON PROPERTIES V, LLC
Chapter 380 Economic Development Agreement • August 26th, 2021 • Texas

_A_ugust , 20_2_1 by and between THE CITY OF BRYAN, TEXAS, (“City”) a Texas home rule municipal corporation, acting herein by and through its duly elected City Council, and LAWSON PROPERTIES V, LLC, (“Company”) a limited liability company created and operating under the laws of the State of Texas; collectively referred to as “PARTIES.”

CITY OF EULESS, TEXAS AND
Chapter 380 Economic Development Agreement • May 5th, 2020 • Texas

between the CITY OF EULESS TEXAS, a Texas home rule municipality “City”, with principal offices at 201 N. Ector Drive, Euless, Texas, 76039, and STEWARDSHIP PROPERTIES LLC, “Stewardship”, Managing Partner Bill Syrios, owner of the Alexander Lane Apartments, located at 505 E. Alexander Lane, Euless, Texas 76040, each of which may be singularly referred to as “Party” and jointly referred to as “Parties,” for the purposes and considerations stated below.

BRYAN KIMBELL BUILDING, LLC
Chapter 380 Economic Development Agreement • January 16th, 2024

This Chapter 380 Economic Development Agreement (“Agreement”) is entered into on this the _1_6_t_h day of _J_a_n_u_a_r_y , 2024 by and between THE CITY OF BRYAN, TEXAS, (“City”) a Texas home rule municipal corporation, acting herein by and through its duly elected City Council, and BRYAN KIMBELL BUILDING, LLC, (“Developer”) a limited liability company created and operating under the laws of the State of Texas; collectively referred to as “PARTIES.”

Contract
Chapter 380 Economic Development Agreement • February 6th, 2025

is made and entered into by and between the City of Joshua, Texas (“City”), and Rumfield Properties (“Developer”) and effective on the Effective Date, as established herein.

THE STATE OF TEXAS § CHAPTER 380 PROGRAM AGREEMENT § FOR ECONOMIC DEVELOPMENT COUNTY OF TARRANT § INCENTIVES
Chapter 380 Economic Development Agreement • December 7th, 2011 • Texas

This Agreement must be executed within 60 days after the date this Agreement is authorized by the City of Arlington City Council and presented to OWNER for signature. This Agreement has been authorized by City Council on , 2011.

BRYAN KIMBELL BUILDING, LLC
Chapter 380 Economic Development Agreement • January 2nd, 2024

This Chapter 380 Economic Development Agreement (“Agreement”) is entered into on this the day of , 2024 by and between THE CITY OF BRYAN, TEXAS, (“City”) a Texas home rule municipal corporation, acting herein by and through its duly elected City Council, and BRYAN KIMBELL BUILDING, LLC, (“Developer”) a limited liability company created and operating under the laws of the State of Texas; collectively referred to as “PARTIES.”

SECOND AMENDMENT TO RIVERSTONE DRIVE CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN 1179 JOINT VENTURE 1, LP AND
Chapter 380 Economic Development Agreement • April 21st, 2016

This Second Amendment (“Amendment”) to the Chapter 380 Economic Development Agreement entered into by and between the City of Bryan, Texas (“City”) and 1179 Joint Venture 1, LP (“Developer”) which was executed on the 29th day of May, 2014 (“Agreement”).

EXHIBIT A
Chapter 380 Economic Development Agreement • February 5th, 2024 • Texas

between the City of Kyle, Texas (the "City"), a Texas home rule municipal corporation and Tea Tipper 1, LLC, a Texas limited liability company (the "Company"). The City and the Company are collectively referred to herein as the “Parties”.

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Chapter 380 Economic Development Agreement • October 31st, 2012
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Chapter 380 Economic Development Agreement • February 10th, 2012
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Chapter 380 Economic Development Agreement • October 4th, 2019
FIRST AMENDMENT TO CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN
Chapter 380 Economic Development Agreement • April 21st, 2020

This First Amendment to the Chapter 380 Economic Development Agreement (“First Amendment”) is effective as of the day of , 2020 (“Effective Date”), by and between the UNITED WAY OF BRAZOS VALLEY, INC., a 501(c)(3) nonprofit corporation ("United Way"), and the CITY OF BRYAN, a home-rule municipal corporation organized under the laws of the State of Texas (" City"). City and United Way may be collectively referred to as “Parties” or individually as a “Party.”

Contract
Chapter 380 Economic Development Agreement • May 11th, 2015
THE STATE OF TEXAS § CHAPTER 380 PROGRAM AGREEMENT § FOR ECONOMIC DEVELOPMENT COUNTY OF TARRANT § INCENTIVES
Chapter 380 Economic Development Agreement • April 3rd, 2014 • Texas

This Agreement must be executed within 60 days after the date this Agreement is authorized by the City of Arlington City Council and presented to OWNER for signature. This Agreement has been authorized by City Council on , 2014.

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Chapter 380 Economic Development Agreement • June 23rd, 2017
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Chapter 380 Economic Development Agreement • February 20th, 2014
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Chapter 380 Economic Development Agreement • March 25th, 2016
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Chapter 380 Economic Development Agreement • September 19th, 2019
CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT
Chapter 380 Economic Development Agreement • April 24th, 2018 • Texas
FIRST AMENDMENT TO BRYAN KIMBELL BUILDING, LLC
Chapter 380 Economic Development Agreement • June 5th, 2024
FIRST AMENDMENT TO CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT
Chapter 380 Economic Development Agreement • June 28th, 2016

This First Amendment to the Chapter 380 Economic Development Agreement (“First Amendment”) is made and entered into on this the day of , 2016, by and between the City of Bryan, Texas (“City”), and CALJO, Inc. d/b/a Calloway-Jones Funeral Home and Crematory, a Texas corporation (“Developer”). This First Amendment incorporates all definitions, terms and provisions of the Original Agreement, as defined below, unless the Original Agreement is in express conflict with any provisions of this First Amendment, in which case, this First Amendment shall control. This Amendment shall be effective on the date which this Amendment is finally executed by both parties, unless further modified or amended by the parties.

Baggs Veterinary Clinic
Chapter 380 Economic Development Agreement • May 4th, 2021

This Chapter 380 Economic Development Agreement (“Agreement”) is entered into by and between the City of Bryan, Texas, a Texas home-rule municipal corporation, (“City”), and 5J Land and Development LLC, a Texas limited liability company (“Developer”).

SECOND AMENDMENT TO CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF SAGINAW, TEXAS AND AM&JK DEVELOPMENT, LLC
Chapter 380 Economic Development Agreement • December 29th, 2020

This Second Amendment to the Chapter 380 Economic Development Agreement (“Second Amendment”) is made and entered into on this the 5th day of January, 2021, by and between the City of Saginaw, Texas (“City”), and AM & JK DEVELOPMENT, LLC, a Texas limited liability company (“Developer”). This Second Amendment incorporates all definitions, terms and provisions of the Original Agreement and the First Amendment as defined below, unless the Original Agreement and First Amendment are in express conflict with any provisions of this Second Amendment, in which case, this Second Amendment shall control. This Amendment shall be effective on the date which this Second Amendment is finally executed by both parties, unless further modified or amended by the parties.

EXECUTIVE SUMMARY
Chapter 380 Economic Development Agreement • January 10th, 2025

The Developer intends to construct approximately an 86-unit multi-family apartment complex “The Reserve at Riverbend” and petitioned for annexation. The estimated investment in infrastructure will exceed $400,000. Because this will be a positive economic development project for the citizens of Bay City, the proposed agreement provides that the City will reimburse the developer in an amount up to $100,000 over a period of five years. In addition, under a separate agreement, the Bay City Community Development Corporation will reimburse the developer in an amount up to $250,000. On December 10, 2024 the City entered into the 380 Economic Development Agreement. However, it was discovered that a second 1.748 acre tract was inadvertently not included in the 380 Agreement.

Contract
Chapter 380 Economic Development Agreement • April 14th, 2011
STATE OF TEXAS §
Chapter 380 Economic Development Agreement • June 18th, 2024

, 2024 by and between the City of Bryan, a Texas home-rule municipal corporation (“City”) and 29th Street Partners, LP, a Texas limited partnership (“29th Street Partners”).

THE STATE OF TEXAS § CHAPTER 380 PROGRAM AGREEMENT § FOR ECONOMIC DEVELOPMENT COUNTY OF TARRANT § INCENTIVES
Chapter 380 Economic Development Agreement • May 5th, 2014 • Texas

This Agreement must be executed within 60 days after the date this Agreement is authorized by the City of Arlington City Council and presented to OWNER for signature. This Agreement has been authorized by City Council on , 2014.

ECONOMIC DEVELOPMENT AGREEMENT
Chapter 380 Economic Development Agreement • June 20th, 2016

WHEREAS, the Parties entered into that certain Chapter 380 Economic Development Agreement (the “Agreement”) dated effective as of May 26, 2016; and

TOWN OF BARTONVILLE, TEXAS AND
Chapter 380 Economic Development Agreement • July 21st, 2023 • Texas

AGREEMENT (hereinafter referred to as the “Agreement”) is made and entered into by and between the TOWN OF BARTONVILLE, TEXAS, a Texas Type A general law municipality (hereinafter referred to as the “Town”), and DENTON COUNTY EMERGENCY SERVICES DISTRICT NO. 1 (hereinafter referred to as the “Developer”), for the purposes and considerations stated below:

ECONOMIC DEVELOPMENT AGREEMENT
Chapter 380 Economic Development Agreement • April 18th, 2018
ECONOMIC DEVELOPMENT AGREEMENT
Chapter 380 Economic Development Agreement • March 9th, 2018
FIRST AMENDMENT TO CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT
Chapter 380 Economic Development Agreement • March 11th, 2020

between the City of Bryan, Texas (“City”), and Rock Pad, LLC, a Texas limited liability company (“Developer”). This First Amendment incorporates all definitions, terms and provisions of the Original Agreement, as defined below, unless the Original Agreement is in express conflict with any provisions of this First Amendment, in which case, this First Amendment shall control. This Amendment shall be effective on the date which this Amendment is finally executed by both parties, unless further modified or amended by the parties.

FIRST AMENDMENT TO CONTRACT FOR LEGACY BTX CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT
Chapter 380 Economic Development Agreement • September 9th, 2022 • Texas

This First Amendment to the Chapter 380 Economic Development Agreement for Legacy BTX (“First Amendment”) is entered into on this the _ day of , 2022, by and between the City of Bryan, Texas, a Texas home-rule municipal corporation, (“City”) and Legacy BTX Holding, LP, a Texas limited partnership (“Developer”), individually referred to as a (“Party”) and collectively referred to as “the Parties.”

THE STATE OF TEXAS § CHAPTER 380 PROGRAM § AGREEMENT FOR § ECONOMIC DEVELOPMENT COUNTY OF HARRIS § INCENTIVES
Chapter 380 Economic Development Agreement • March 30th, 2022 • Texas

INCENTIVES (the "AGREEMENT") is entered into by and between the CITY OF BAYTOWN, a home-rule municipal corporation of Harris and Chambers Counties, Texas, hereinafter referred to as the "CITY", and BUILD BAYTOWN I, LLC, a Texas limited liability company authorized to transact business in the State of Texas, hereinafter called "DEVELOPER". The CITY and DEVELOPER may be referred to jointly herein as the "Parties" and individually as a "Party."