Council Approves HEDCO Performance Deal With BRASSO

The Henderson City Council approved a new Performance Agreement between HEDCO and BRASSO Development, LLC under which BRASSO will execute a $20,000 note secured by a deed of trust for construction of a home estimated to sell for $300,000–$310,000. Upon timely completion and occupancy or sale, HEDCO will forgive the note and release its lien.

Scope & details

The full contract record, as filed.

Contract amount

Note payable $20,000.00; home sale price estimated $300,000–$310,000

Contract type

OTHER

Contract term

Construction to commence within 60 days of conveyance and be completed within 240 days thereafter

Renewal

One-time performance agreement tied to specific construction and sale milestones; note is forgiven upon successful completion, not a renewable contract.

Document type

Minutes

Source document

Henderson City Council Minutes 2026-05-19

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Henderson City Council Minutes 2026-05-19

APPROVED

City of Henderson, Texas$20,000 (Note principal, to be forgiven upon completion)May 19, 2026

City of Henderson Council Meeting Agenda May 19 2026

PENDING

City of Henderson, TexasMay 17, 2026

City of Henderson Council Meeting Agenda Packet February 2026

PENDING

City of Henderson, TexasFeb 17, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Henderson?

Brasso Development Llc was awarded this government contract by City of Henderson, as recorded on May 19, 2026. The contract value is Note payable $20,000.00; home sale price estimated $300,000–$310,000.

How much is the Brasso Development Llc contract with City of Henderson worth?

The Brasso Development Llc contract with City of Henderson is valued at Note payable $20,000.00; home sale price estimated $300,000–$310,000.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Henderson City Council Minutes 2026-05-19 (Minutes), dated May 19, 2026 from City of Henderson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Brasso Development Llc hold?

Brasso Development Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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