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.
Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.
Local government type: County
Local government code: 0005253
Type of agreement: New
Record filed: 04/29/2022 04:52
Address
710 South Main Street, Suite 301
Georgetown, TX 78626
Bill Gravell, Jr
County Judge
512-943-5150
ctyjudge@wilco.org
Entity Name: KR Acquisitions, LLC
Assumed Name of the Entity:
Business Address of Entity:
Entity Contact Phone Number:
Entity Contact Email:
Effective Date of Agreement: 12/20/2016
Expiration Date of Agreement: 12/20/2036
Counties that the agreement affects:
Total Monetary Value of Agreement:
Terms on Which Agreement Expires:
Source of Money Used or Type of Tax Implicated By the Agreement:
Agreement Number: 0005253
Kalahari intends to construct on 351.7 acres of land, providing positive economic benefits. The construction will consists of the following: Hotel with minimum of 975 guests’ rooms, convention and exhibition Center (150K Sq. Ft.), Indoor water park (200K Sq. Ft.), entertainment, and recreation. The term of the agreement is 15 years from the date of Certificate of Occupancy, in which, Kalahari is to invest at least $350M of rent payment and improvements to real and personal property no later than 12/22/2022 (hard and soft cost)and employ 700 Full-Time equivalent employees no later than 12 month