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Kelly Hancock
Acting Texas Comptroller of Public Accounts
Kelly Hancock
Acting Texas Comptroller of Public Accounts
Kelly Hancock
Acting Texas Comptroller of Public Accounts
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Comptroller’s Online Chapter 380-381 Economic Development Agreements Database

Note: For agreements that do not have a set expiration date, the expiration date will show as 12/31/2078. All information has been provided by local governments. Only agreements that are or were active as of Sept. 1, 2021, when HB 2404 went into effect or agreements that have been entered into, amended or renewed since then are required to be reported to the database.

Friendswood

Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.

About This Local Government

Local government type: City
Local government code: 0003047
Type of agreement: New

Record filed: 04/05/2022 07:49


Address of Local Government

Address
910 S. Friendswood Dr.
Friendswood, TX 77546


Contact information for officer/other person representing the local government

Morad Kabiri
City Manager
281-996-3200 
morad.kabiri@friendswood.com


Entity Information

Entity Name: TBH Holding Group, LLC
Assumed Name of the Entity:
Business Address of Entity:
Entity Contact Phone Number:
Entity Contact Email:


Agreement Information

Effective Date of Agreement: 08/03/2020
Expiration Date of Agreement: 12/31/2078
Counties that the agreement affects: Galveston
Total Monetary Value of Agreement:
Terms on Which Agreement Expires:
Source of Money Used or Type of Tax Implicated By the Agreement:


Agreement Information

Agreement Number: 0003047

Purpose of Agreement

City’s Obligations: ? To provide an economic incentive grant in the amount of $13,000. Developer’s Obligations: ? To construct a commercial building consisting of 10,400 square feet of office space at 104 Whispering Pines Avenue, Friendswood, Texas 77546. ? To repay the economic incentive grant if Developer defaults


Copy of the agreement
Previous Agreement Number:

Contact information for person submitting agreement to database

Officer Name: Karen Horner
Officer Title: City Attorney
Phone Number: 281-996-3283 
Email: khorner@friendswood.com