Performance Agreement Approved with Brasso Development LLC
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Description
HEDCO and BRASSO Development, LLC entered a performance agreement for new home construction. BRASSO receives land with a $20,000 note forgiven if construction is completed and the home is marketed per agreement.
Contract Details
Contract Amount
$20,000 Note (forgiven if performance conditions met)
Vendor
BRASSO DEVELOPMENT LLC
Agency
City of Henderson, TX
Contract Type
CONSTRUCTION
Document Date
May 19, 2026
Contract Term
Construction to commence within 60 days of conveyance; completion within 240 days of commencement.
Renewal Info
Note is forgiven upon successful and timely completion; contract specifies performance milestones for construction and occupancy certificate.
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