DEVELOPER ECONOMIC DEVELOPMENT GRANT AGREEMENTDeveloper Economic Development Grant Agreement • April 25th, 2008 • Rackspace Inc • Services-business services, nec • Texas
THIS DEVELOPER ECONOMIC DEVELOPMENT GRANT AGREEMENT (this “Agreement”) is made as of this 2nd day of August, 2007 (the “Effective Date”) among and between the CITY OF WINDCREST, TEXAS, a Texas general law municipality (“City”), the WINDCREST ECONOMIC DEVELOPMENT CORPORATION, a Section 4B corporation created pursuant to the authority of the Development Corporation Act of 1979, as amended (“Windcrest EDC”), and the WINDCREST ECONOMIC DEVELOPMENT COMPANY, LLC, a Texas limited liability company (the “Developer”). The City, Windcrest EDC and Developer may be referred to herein from time to time as a “Party” or collectively as the “Parties”.
