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Copy of the agreement
Previous Agreement Number:
Accountant
281-290-1418
mmaldonado@tomballtx.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.
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 MaldonadoAccountant
281-290-1418
mmaldonado@tomballtx.gov