PEDC grant agreement with Buddin Business Investment LLC
- Disclosed value
- Not to exceed $75,000.00
- From agenda
- Document date
- Nov 14, 2025
The 30-second brief
The Palestine Economic Development Corporation drafted a Downtown Grant Performance Agreement with Buddin Business Investment LLC for improvements at 109 West Spring Street, including façade, electrical, HVAC, and stairway work. The agreement offers a matching performance grant capped at $75,000.00 against a $126,650.39 private investment, pending City Council approval and timely completion.
Buddin Business Investment LLC holds this financial services contract with City of Palestine.
Term as filed: Effective on date of last signature; project completion by September 15, 2026; agreement terminates one year from PEDC finding of completion.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $75,000.00
- Document date
- November 14, 2025
- Term
- Effective on date of last signature; project completion by September 15, 2026; agreement terminates one year from PEDC finding of completion
- Agency
- City of Palestine
- Source document
- Palestine Economic Development Corporation Meeting Agenda Nov 2025 (Agenda)
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Questions about this contract
Who was awarded the financial services contract by City of Palestine?
Buddin Business Investment LLC was awarded this financial services contract by City of Palestine, as recorded on November 14, 2025. The contract value is Not to exceed $75,000.00.
How much is the Buddin Business Investment LLC contract with City of Palestine worth?
The Buddin Business Investment LLC contract with City of Palestine is valued at Not to exceed $75,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Palestine Economic Development Corporation Meeting Agenda Nov 2025 (Agenda), dated November 14, 2025 from City of Palestine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Buddin Business Investment LLC hold?
Buddin Business Investment 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.
What is City of Palestine currently buying?
Explore City of Palestine's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.