Rosebud City Council Meeting Agenda April 2026
EDC proposes $40,000 loan to Lil Joe's BBQ
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Description
The Rosebud Economic Development Corporation seeks City Council approval of a $40,000 loan to Joe Ambriz, III, d/b/a Lil Joe's BBQ. The proposed loan would run for eight years at a five percent interest rate to support the local business.
Contract Details
Contract Amount
$40,000
Vendor
AMBRIZ, JOE DBA LIL JOE'S BBQ
Agency
City of Rosebud, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 20, 2026
Contract Term
Eight (8) years
Renewal Info
Eight-year loan term at five percent interest; renewal or extension terms are not specified in the agenda.
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