Agreement 0013389, 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 rule city and municipal corporation (“City”) | 3 |
| Contracting entity | Thornton Custom HomesThornton Custom Homes ("Developer") | 3 |
| Parent / guarantor | Not stated in the agreement | — |
| Instrument | NEW CONSTRUCTION ECONOMIC DEVELOPMENT AGREEMENTNEW CONSTRUCTION ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF ABILENE AND Thornton Custom Homes | 3 |
| Governing chapter | Chapter 380, Local Government Code02-2026 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ABILENE, TEXAS, APPROVING CHAPTER 380 AGREEMENTS BETWEEN THE CITY OF ABILENE AND THORNTON HOMES REGARDING 1842 N 107 St, 5301 N 10™ St, 1018 BRIARWOOD St., 1217 MESQUITE St., 1234 BEECH St., 2925 SIMMONS AV., 629 WASHINGTON St. | — |
| Capital investment | Not stated in the agreement | — |
| Grant or incentive | 5% 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(5%) percent of the amount of the sales price of the home | 5 |
| Jobs committed | Not stated in the agreement | — |
| Wage requirement | Not stated in the agreement | — |
| Square footage | Not stated in the agreement | — |
| Acreage | Not stated in the agreement | — |
| Performance deadline | eighteen months from the Effective DateThis 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"). | 4 |
| Expiration | Not stated in the agreement | — |
| Effective date | January 8, 2026This Economic Development Agreement (“Agreement”) is effective as of the _8th__day of January , 2026 | 3 |
| Signatory | Trey ThorntonName (printed): __ Trey Thornton | 9 |
| Chain status | Terminal document — no later agreement in the registry names this one as its predecessor | — |
Agreement 0013389 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.