The Abatement RegisterHitchcockAgreement 0014272
Texas Chapter 380 / 381 agreement · Hitchcock

Tilghman Ventures, LLC d/b/a Tilghman Crane & Transport

Agreement 0014272, filed with the Texas Comptroller by The City of Hitchcock, Texas.

$1,000,000committed capital investment
50%of Real Property Taxes abated
December 31, 2028performance deadline
The obligation

What the contract requires.

“invest $1,400,000 in capital investment and create of 19 jobs at an average wage of $60,000 per year, by December 31, 2028”Executed agreement, p. 9
“employ nineteen (19) workers”Executed agreement, p. 1
“$751,000 $1,000,000”Executed agreement, p. 26
The remedy

The agreement terminates.

“Company and Developer agree to pay such amounts to the City within ninety (90) days after the cancellation of this Agreement.”Executed agreement, p. 10

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 · Real Property Taxes · p. 7

What was abated, and for how long.

50%1st through 5th tax year
50%1st through 5th tax year

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 entityTilghman Ventures, LLC d/b/a Tilghman Crane & TransportTilghman Ventures, LLC d/b/a Tilghman Crane & Transport (the “Company”)1
Parent / guarantorTV PropertiesTV Properties (the "Developer")1
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 Codeand WHEREAS, the City has a Chapter 312 and Chapter 380 Economic Development Program Guidelines, Criteria, and Policy establishing an Economic Development Program (the “Program”, Exhibit B);—
Capital investment$1,000,000$751,000 $1,000,00026
Grant or incentiveNot stated in the agreement—
Jobs committed19 figure taken from a schedule, not from covenant languageemploy nineteen (19) workers1
Wage requirement$60,000create of 19 jobs at an average wage of $60,000 per year9
Square footage6,000 sq. ft.construct and develop a 6,000 sq. ft. office building1
Acreage9.5-acreon a 9.5-acre Site1
Performance deadlineDecember 31, 2028invest $1,400,000 in capital investment and create of 19 jobs at an average wage of $60,000 per year, by December 31, 20289
ExpirationDecember 31, 2032The termination date is December 31, 2032.4
Effective date7/16/2026Date: 7/16/202614
SignatoryMike TilghmanMIKE TILGHMAN, PRESIDENT14
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 37
181478 · 290393
How to check this page

Every line above is in the contract.

Agreement 0014272 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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