The Abatement RegisterHopkinsAgreement 0014026
Texas Chapter 380 / 381 agreement · Hopkins

Liberty Industries Investments, LLC d/b/a Liberty Trailers

Agreement 0014026, filed with the Texas Comptroller by Hopkins County, Texas.

$10,600,000.00committed capital investment
75permanent jobs committed
10–100%of County Ad Valorem Taxes abated
May 31, 2025performance deadline
The obligation

What the contract requires.

“evidenced by invoices, receipts, or other documentation submitted to the County by May 31, 2025.”Executed agreement, p. 4
“agrees to create and maintain seventy-five (75) new Full-Time Employment Positions”Executed agreement, p. 2
“invested Ten Million Six Hundred Thousand and No/100 Dollars ($10,600,000.00) in the construction of said facility”Executed agreement, p. 2
The repayment remedy

What happens if it is not met.

“If Operator defaults and fails to cure, the aggregate total of Program Grant Payments made to Operator shall become due and payable to the County.”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 · County Ad Valorem Taxes · p. 5

What was abated, and for how long.

100%2025
90%2026
80%2027
70%2028
60%2029
50%2030
40%2031
30%2032
20%2033
10%2034

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 bodyHopkins County, TexasHOPKINS COUNTY, TEXAS AND LIBERTY INDUSTRIES2
Contracting entityLiberty Industries Investments, LLC d/b/a Liberty TrailersLiberty Industries Investments, LLC d/b/a Liberty Trailers (hereinafter referred to as the "Operator")2
Parent / guarantorLiberty Industries Property, LLCLiberty Industries Property, LLC (hereinafter referred to as the "Property Owner")2
InstrumentProgram GrantProgram Grant or Program Grant Payment: The economic development grants paid by the County to Operator in accordance with this Agreement.4
Governing chapterChapter 381, Local Government CodeBn % “OZ ea! = ne Se = 79 / / arte 12? = Tracy Smith, nty Clerk % ae = %, 4 eer a) s {7 “Hina Mallya <<<PAGE 2>>> HOPKINS COUNTY, TEXAS AND LIBERTY INDUSTRIES CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT HOPKINS COUNTY, TEXAS AND LIBERTY INDUSTRIES This CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT (hereinafter referred to a—
Capital investment$10,600,000.00invested Ten Million Six Hundred Thousand and No/100 Dollars ($10,600,000.00) in the construction of said facility2
Grant or incentiveNot stated in the agreement—
Jobs committedseventy-five (75)agrees to create and maintain seventy-five (75) new Full-Time Employment Positions2
Wage requirement$3,354,000minimum annual payroll of $3,354,0005
Square footage150,000 sq. ft.constructed a 150,000 sq. ft. trailer manufacturing facility2
Acreage37.21-acreThe approximately 37.21-acre tract or tracts of land4
Performance deadlineMay 31, 2025evidenced by invoices, receipts, or other documentation submitted to the County by May 31, 2025.4
ExpirationDecember 31, 2034shall continue thereafter until December 31, 20343
Effective date5/13/25Date Signed: SS -/) 3-2J-—8
SignatoryMike TesoBy: WL lee Mike Teso N8
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 0014026 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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