Agreement 0011242, filed with the Texas Comptroller by CITY OF ABILENE, TEXAS.
A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.
| Field | Value & quoted source | Page |
|---|---|---|
| Granting body | CITY OF ABILENE, TEXASCITY OF ABILENE, TEXAS, a home tule city and municipal corporation (“City”) | 1 |
| Contracting entity | Thornton Custom HomesThornton Custom Homes | 1 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | Economic Development AgreementNEW CONSTRUCTION ECONOMIC DEVELOPMENT AGREEMENT | 1 |
| Governing chapter | Chapter 380, Local Government Codeand WHEREAS, the governing body of the City of Abilene adopted Resolution 49-2016 and Resolution 129-2023 creating an Economic Development Program authorized by Chapter 380 of the Texas Local Government Code; | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | five(S%) percent of the amount
of the sales price of the homea five (5%) percent completion grant will be paid to the Developer, such grant being equal to five(S%) percent of the amount of the sales price of the home | 3 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | 1770LIVING BQ FT: 1770 | 8 |
| Acreage | Not stated in the agreement | — |
| Performance deadline | on or before the expiration of
this agreementthe construction of the improvements set forth in Exhibit A- "Public and Private Improvements on or before the expiration of this agreement | 3 |
| Expiration | eighteen months from the
Effective Dateor (B) gighteen months from the Effective Date ("Term"). | 2 |
| Effective date | March , 2025is effective as of the _13th_ day of March , 2025 (“Effective Date") | 1 |
| Signatory | Trey ThorntonName (printed): __ Trey Thornton | 7 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0011242 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.
Where the contract says nothing, the field is left empty rather than filled with a guess.
This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.
Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.