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Heath Municipal Benefits Corporation and Heath Economic Development Corporation Agenda Packet 2026-05-19

HMBC Land Sale to Troubadour Food & Beverage Advances

$5,000 initial earnest money deposit; purchase price not statedCity of Heath cityTROUBADOUR FOOD & BEVERAGE LLCMay 19, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Heath Municipal Benefits Corporation is proceeding under a Purchase and Sale Contract with Troubadour Food & Beverage, LLC for a 1.639-acre parcel in The Reserve. The agreement, effective February 2, 2026, requires a $5,000 earnest deposit and targets closing by early June 2026.

Contract Details

Contract Amount

$5,000 initial earnest money deposit; purchase price not stated

Vendor

TROUBADOUR FOOD & BEVERAGE LLC

Agency

City of Heath city, TX

Contract Type

OTHER

Document Date

May 19, 2026

Contract Term

Close date on or before 06/03/2026 per contract timelines

Renewal Date

2026-06-03

Renewal Info

Purchase and Sale Contract with key dates: earnest money due by 02/09/2026, survey by 04/03/2026, inspection period ending 05/04/2026, closing within 30 days thereafter (on or before 06/03/2026). No ongoing renewal terms; contract concludes at closing.

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