Henderson City Council Regular Scheduled Meeting Minutes March 2026
HEDCO Approves Incentive Deal with Old School Services
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Description
The City Council approved a performance agreement with Old School Services under which HEDCO may reimburse up to $100,000. The reimbursements are contingent on at least $1 million in property acquisition and construction within 12 months and the creation of ten full‑time jobs paying at least $20 per hour during the first year of operations.
Contract Details
Contract Amount
Up to $100,000.00 in reimbursements
Vendor
OLD SCHOOL SERVICES
Agency
City of Henderson, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
Contract Term
Twelve (12) months to complete construction and first year of operations thereafter
Renewal Info
Incentive is milestone-based and tied to construction completion within 12 months and first-year operations; no renewal or extension terms described.
More from OLD SCHOOL SERVICES
Related Contracts
City of Henderson Council Meeting Agenda March 2026
PENDINGhowell-township-public-school-district-meeting-minutes-2022-05-04_b98.txt
approvedhowell-township-public-school-district-meeting-minutes-2022-05-04_525.txt
approvedMore from City of Henderson
City of Henderson Council Meeting Agenda May 19 2026
City of Henderson Council Meeting Agenda May 19 2026
City of Henderson Council Meeting Agenda May 19 2026
Henderson City Council Regular Scheduled Meeting Minutes March 2026
Henderson City Council Regular Scheduled Meeting Minutes March 2026
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