FIRST AMENDMENT TO CHAPTER 380, GRANT, AND DEVELOPMENT AGREEMENT by and among CITY OF MCKINNEY, TEXAS, MCKINNEY ECONOMIC DEVELOPMENT CORPORATION, MCKINNEY COMMUNITY DEVELOPMENT CORPORATION as City Parties and VENU HOLDING CORPORATION,...Chapter 380 Grant and Development Agreement • November 8th, 2024 • Venu Holding Corp • Services-amusement & recreation services • Texas
Contract Type FiledNovember 8th, 2024 Company Industry JurisdictionTHIS FIRST AMENDMENT TO CHAPTER 380, GRANT, AND DEVELOPMENT AGREEMENT (this “First Amendment”) is made and entered into effective as of October 15, 2024 by and among CITY OF MCKINNEY, TEXAS, a Texas home rule municipal corporation (“City”), MCKINNEY ECONOMIC DEVELOPMENT CORPORATION, a Type A, non-profit development corporation created and existing under the laws of the State of Texas (the “State”), including the Texas Development Corporation Act (“MEDC”), MCKINNEY COMMUNITY DEVELOPMENT CORPORATION, a Type B, non-profit development corporation created and existing under the laws of the State, including the Texas Development Corporation Act (“MCDC”) and VENU HOLDING CORPORATION, successor-by-name-change to Notes Live, Inc., a corporation organized under the laws of the State of Colorado (“Owner”). The City, MEDC and MCDC are sometimes collectively referred to as the “City Parties.” City Parties and Owner are sometimes collectively referred to herein as the “Parties” and individually as a