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City Council terminates Chapter 380 incentive agreement with Titan Lockhart Land Investors LLC for missed development deadlines

Lockhart City Council · February 18, 2025

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Summary

The city terminated the Chapter 380 economic-development incentive with Titan Lockhart Land Investors LLC after the company failed to meet contractual timelines to submit plans and obtain a certificate of occupancy; the developer accepted termination, staff reported no incentive funds were disbursed, and council approved the termination 7–0.

The City Council voted to terminate a Chapter 380 economic‑development incentive agreement with Titan Lockhart Land Investors LLC after the developer did not meet required construction and permitting timelines.

Economic development director Holly Malish told council Titan purchased roughly 31 acres in Industrial Park No. 3 and had…

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