The Abatement RegisterHitchcockAgreement 0013208
Texas Chapter 380 / 381 agreement · Hitchcock

Elderbrook LLC and VT Chemical LLC

Agreement 0013208, filed with the Texas Comptroller by The City of Hitchcock, Texas.

$7,300,000committed capital investment
$50,000grant or incentive
27permanent jobs committed
50%of Sales and Use Tax Receipts abated
May 1, 2031performance deadline
The obligation

What the contract requires.

“create of 27 jobs at an average wage of $60,000 per year, by May 1, 2031”Executed agreement, p. 7
“create of 27 jobs at an average wage of $60,000 per year”Executed agreement, p. 7
“invest $7,300,000 in capital investment”Executed agreement, p. 7
The remedy

The agreement terminates.

“the City shall be entitled to cancel the Agreement and recover all of the Sales and Use Tax Grants made to the Company and Developer under this Agreement through the cancellation date.”Executed agreement, p. 8

This clause ends the agreement. It states no repayment of money already received.

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · Sales and Use Tax Receipts · p. 4

What was abated, and for how long.

50%December 15, 2025, through December 31, 2027

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.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyThe City of Hitchcock, TexasThe City of Hitchcock, Texas, a home-rule Texas municipal corporation, (the "City"), also referred to as "Grantor")1
Contracting entityElderbrook LLC and VT Chemical LLCElderbrook LLC (the "Developer") and VT Chemical LLC (the “Company”)1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 380 Economic Development Grant AgreementThis Chapter 380 Economic Development Grant Agreement (the "Agreement")1
Governing chapterChapter 312, Tax Code, and Chapter 380, Local Government CodeGalveston County: 1) Chapter 312 Property-Tax Abatement 2) Chapter 380 Performance Grant 3) HEDC Direct Cash Incentive 4) Freeport Inventory Tax Exemption 5) FTZ #36 designation (if applicable) Additionally, all what could be applicable from below: 1- Public Improvement District (PID) — Special assessment mechanism to finance project-benefiting infrastructure (water/wastewater, drainage, roads) an—
Capital investment$7,300,000invest $7,300,000 in capital investment7
Grant or incentive$50,000the amount of the first Sales and Use Tax Grants paid to the Company and the Developer would be Fifty Thousand Dollars ($50,000.00).5
Jobs committed27create of 27 jobs at an average wage of $60,000 per year7
Wage requirement$60,000create of 27 jobs at an average wage of $60,000 per year7
Square footage35,340 SFa 35,340 SF industrial building (“Building”)1
Acreage5.3119-acrea 35,340 SF industrial building (“Building”) on a 5.3119-acre Site1
Performance deadlineMay 1, 2031create of 27 jobs at an average wage of $60,000 per year, by May 1, 20317
ExpirationNot stated in the agreement—
Effective date1/4/2026Date: 1/4/202612
SignatoryAnvar TurdibaevAnvar Turdibaev, General Manager12
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
How to check this page

Every line above is in the contract.

Agreement 0013208 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.

One of 1,645

Which of these are on your book?

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.

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