CONTRACTPENDING

PEDC grant agreement with Buddin Business Investment LLC

City of Palestine logoCity of Palestine
Disclosed value
Not to exceed $75,000.00
From agenda
Document date
Nov 14, 2025

The 30-second brief

What it covers

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.

Who holds it

Buddin Business Investment LLC holds this financial services contract with City of Palestine.

What happens next

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
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.

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