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Copy of the agreement
Previous Agreement Number:
Officer Title: Department Coordinator
Phone Number: 972-205-3800 ext. 3800
Email: dkonter@garlandtx.gov
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.
Garland
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: 0009231
Type of agreement: New
Record filed: 06/17/2024 11:52
Address of Local Government
Address
200 N 5th
Garland, TX 75040
Contact information for officer/other person representing the local government
Judson Rex
City Manager
972-205-2000 ext. 2000
CitySecretary@Garlandtx.gov
Entity Information
Entity Name: Wells Fargo Bank, NA
Assumed Name of the Entity:
Business Address of Entity: 1755 Grant St . Concord, CA 94520
Entity Contact Phone Number: 9723038741
Entity Contact Email: gfabrizio@wellsfargo.com
Agreement Information
Effective Date of Agreement: 06/12/2024
Expiration Date of Agreement: 12/31/2036
Counties that the agreement affects: Dallas
Total Monetary Value of Agreement: 40.00
Terms on Which Agreement Expires: Developer shall construct its leased spaces for the development and have received a CO for the Phase 1 on or before December 31, 2025 or this agreement is automatically terminates or unless terminated in writing by a mutual agreement executed by both parties.
Source of Money Used or Type of Tax Implicated By the Agreement: Economic Development Fund
Agreement Information
Agreement Number: 0009231
Purpose of Agreement
The developer and City agree that the Developer shall acquire a leasehold interest in and develop 178,762 square feet as a qualified occupant of a facility at 1505 Ferris Road to be called the Digital Realty Garland Date Center.
Copy of the agreement
Previous Agreement Number:
Contact information for person submitting agreement to database
Officer Name: David KonterOfficer Title: Department Coordinator
Phone Number: 972-205-3800 ext. 3800
Email: dkonter@garlandtx.gov