Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts
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Glenn Hegar
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.

Tomball

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: 0005434
Type of agreement: New

Record filed: 05/03/2022 10:27


Address of Local Government

Address
401 Market Street
Tomball, TX 77375


Contact information for officer/other person representing the local government

David Esquivel
City Manager
281-290-1415 
dspeer@tomballtx.gov


Entity Information

BK 2920, LTD


Agreement Information

Effective Date of Agreement: 08/20/2012
Expiration Date of Agreement: 12/31/2026
Counties that the agreement affects: Harris


Agreement Information

Agreement Number: 0005434

Purpose of Agreement

The developer will invest a minimum of $4,360,000 into developing the retail space south of FM 2920 between SH 249 Business and the SH 249 Bypass. The developer also agrees that at least 25 jobs will be created by 12/31/13 and at least 100 jobs will be created by the end of the project. In exchange, the city and corporation (Tomball Economic Development Corporation) will reimburse the developer 100% of the project costs up to $1,500,000 in annual installments not to exceed $300,000 or the available tax increment beginning on June 30, 2014.


Copy of the agreement
Previous Agreement Number:

Contact information for person submitting agreement to database

Mary Maldonado
Accountant
281-290-1418 
mmaldonado@tomballtx.gov