The Abatement RegisterAbileneAgreement 0013376
Texas Chapter 380 / 381 agreement · Abilene

Summit SCVS Inc

Agreement 0013376, filed with the Texas Comptroller by CITY OF ABILENE, TEXAS.

5–15%of total interim financing needed for the single-family construction abated
The obligation

What the contract requires.

“the construction of the improvements set forth in Exhibit A- "Public and Private Improvements on or before the expiration of this agreement”Executed agreement, p. 3

The date in this field is not fully supported by the sentence quoted beside it, usually because the scan is damaged or the contract states a period rather than a date. It is shown as read, flagged, and not relied on.

Abatement schedule · total interim financing needed for the single-family construction · p. 3

What was abated, and for how long.

ten (10%) percentclosing of the interim construction financing
five (5%) percentclosing of the final buyer
fifteen (15%) percentclosing of the final buyer

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 bodyCITY OF ABILENE, TEXASCITY OF ABILENE, TEXAS, a home rule city and municipal corporation ("City")1
Contracting entitySummit SCVS IncSummit SCVS Inc., ("Developer")1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 380 AgreementAPPROVING CHAPTER 380 AGREEMENTS BETWEEN THE CITY OF ABILENE AND SUMMIT SCVS INC1
Governing chapterChapter 380, Local Government Code264-2025 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ABILENE, TEXAS, APPROVING CHAPTER 380 AGREEMENTS BETWEEN THE CITY OF ABILENE AND SUMMIT SCVS INC, REGARDING 1425 CEDAR St.—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineJune 18, 2027 date not fully supported by the quoted sentencethe construction of the improvements set forth in Exhibit A- "Public and Private Improvements on or before the expiration of this agreement3
ExpirationJune 18, 2027This Agreement shall remain in full force and effect until the earlier of: (A) each party hereto has completed their respective obligations hereunder; or (B) eighteen months from the Effective Date ("Term").3
Effective dateDecember 18, 2025This Economic Development Agreement ("Agreement") is effective as of the _18th__day of December___, 20252
SignatoryJeffery MurrayName (printed): __ Jeffery Murray8
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 0013376 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.

[email protected]