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Copy of the agreement
Previous Agreement Number:
Officer Title: City Secretary
Phone Number: 940-458-7390
Email: kedwards@sangertexas.org
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.
Sanger
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: 0010070
Type of agreement: New
Record filed: 10/07/2024 10:35
Address of Local Government
Address
502 Elm Street
Sanger, TX 76266
Contact information for officer/other person representing the local government
John Noblitt
City Manager
940-485-7930
citysecretary@sangertexas.org
Entity Information
Entity Name: Sanger Crossing LTD
Assumed Name of the Entity:
Business Address of Entity: Old Parkland - Freedom Place, 4143 Maple Ave, #325, Dallas, TX 75219
Entity Contact Phone Number: 2147702888
Entity Contact Email: sg@maloufinterests.com
Agreement Information
Effective Date of Agreement: 10/01/2024
Expiration Date of Agreement: 12/31/2078
Counties that the agreement affects: Denton
Total Monetary Value of Agreement: 1470000.00
Terms on Which Agreement Expires: NA
Source of Money Used or Type of Tax Implicated By the Agreement: Water, Waste water, and Roadway Impact fees
Agreement Information
Agreement Number: 0010070
Purpose of Agreement
The developer shall be entitled to and will receive roadway impact fee credits for the Road Improvements in the amount of $710,000, water impact fee credits for the Water Improvements in the amount of $210,000, and wastewater impact fee credits for the Wastewater Improvements in the amount of $550,000 for a total of $1,470,000.
Copy of the agreement
Previous Agreement Number:
Contact information for person submitting agreement to database
Officer Name: Kelly EdwardsOfficer Title: City Secretary
Phone Number: 940-458-7390
Email: kedwards@sangertexas.org