The Abatement RegisterAbileneAgreement 0013618
Texas Chapter 380 / 381 agreement · Abilene

Thornton Custom Homes

Agreement 0013618, filed with the Texas Comptroller by CITY OF ABILENE, TEXAS.

5–15%of total interim financing needed for the single-family construction abated
on or before the expiration of this agreementperformance deadline
The obligation

What the contract requires.

“on or before the expiration of this agreement”Executed agreement, p. 5
The remedy

What the contract says happens.

“be awarded damages and/or specific performance for such default, including reasonable attorney's fees and costs.”Executed agreement, p. 6

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 · total interim financing needed for the single-family construction · p. 4

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 entityThornton Custom HomesThornton Custom Homes ("Developer")3
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development AgreementThis Economic Development Agreement ("Agreement")3
Governing chapterChapter 380, Local Government Code64-2026 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 918 CLINTON ST., 926 CLINTON ST., 1202 MESQUITE ST., 1210 MESQUITE ST., 1218 MESQUITE ST., 1226 MESQUITE ST., 801 N.—
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 deadlineon or before the expiration of this agreementon or before the expiration of this agreement5
Expirationeighteen months from the Effective Dateor (B) eighteen months from the Effective Date ("Term").4
Effective dateMarch 26, 2026effective as of the _26th__day of March , 20263
SignatoryTrey ThorntonName (printed): Trey Thornton9
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 0013618 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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