Common Contracts

SECOND AMENDED AND RESTATED

Economic Development Incentive Agreement • July 30th, 2024 • Texas

• Contract Type
  Economic Development Incentive Agreement
• Filed
  July 30th, 2024
• Jurisdiction
  Texas

This Second Amended and Restated Chapter 380 Economic Development Incentive Agreement (“Agreement”) is made by and between the City of Corinth, Texas, a home rule municipality (the “City”), and Rak Real Estate Equities - Corinth LLC, a Texas limited liability company (the “Developer”), acting by and through their respective authorized representatives (each a “Party” and collectively the “Parties”). This Agreement amends, restates, and supersedes the Amended and Restated Chapter 380 Economic Development Incentive Agreement executed on November 16, 2023, by and between the Parties.