380 Agreement Sample Contracts

Contract
380 Agreement • May 5th, 2020
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THE STATE OF TEXAS §§§ Chapter 380 Grant Agreement COUNTY OF HAYS §§ Project Fire Engine Red
380 Agreement • June 8th, 2022 • Texas

During the term of this Agreement, should the Company commit a breach of this Agreement according to the Section XI.A, the City may terminate this Agreement, subject to Section VII.B. Furthermore, the City may terminate the Agreement in the event that the Company fails to obtain a Certificate of Occupancy for the Facility by December 31, 2023, subject to Force Majeure, by giving sixty (60) days’ written notice to the Company and an opportunity to cure.

Contract
380 Agreement • August 21st, 2015 • Texas

, 2015 by and between CADG 901 AIRPORT FREEWAY, LLC (the “Developer”), a Texas limited liability corporation, and the CITY OF EULESS, TEXAS (the “City”), a home rule municipality organized and existing under the constitution and laws of the State of Texas, for the purposes and considerations stated below. The City and the Developer may sometimes hereinafter be referred to as a “Party” or collectively as the “Parties.”

Date: May 11, 2020 Subject: 380 Agreement for Temporary Deferment of Hotel Motel Tax Payments
380 Agreement • May 8th, 2020 • Texas

The foregoing recitals are hereby incorporated into the body of this Agreement and shall be considered part of the mutual covenants, consideration and promises that bind the parties.

Erives Enterprises, Inc.
380 Agreement • July 29th, 2015
FAQ:
380 Agreement • December 24th, 2021

• The applicant has stated that this project will invest $45 million in infrastructure improvements and an estimated $3 to $4 billion in increased property values. To put this in perspective, the current City of San Marcos’ property tax values for residential and commercial are approximately $4.5 billion in total.

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