ECONOMIC DEVELOPMENT AGREEMENTEconomic Development Agreement • February 27th, 2024 • Texas
Contract Type FiledFebruary 27th, 2024 JurisdictionThis Economic Development Agreement (“Agreement”) is made and entered into by and between the City of Mansfield, Texas, a Texas home rule municipal corporation of the State of Texas (the “City”), the Mansfield Economic Development Corporation (“MEDC”), a nonprofit Corporation organized under Title 12, Subtitle C1, of the Texas Local Government Code (“Act”), the Board of Directors (the “Board”) of Reinvestment Zone Number One, City of Mansfield (the “Zone”), (City, MEDC, and Board are collectively referred to as “Public Parties”), and Lonejack, LLC, a Texas Limited Liability Company (“Company” or “Developer”). City, MEDC, Board, and Company may sometimes hereafter be referred to individually as a “party” or collectively as the “parties.”