HEB Secures 30-Year Incremental Sales Tax Incentive

The Buda Economic Development Corporation supports HEB’s planned relocation and redevelopment project with a 30-year sales tax incentive, granting 60% of incremental sales tax receipts after the new store opens in 2028. This long-term agreement is designed to spur jobs, investment, and infrastructure improvements.

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

30 years after Certificate of Occupancy (anticipated start 2028, estimated through 2059)

Renewal date

2059-12-31

Renewal

Agreement term is fixed at 30 years following occupancy; no renewal beyond that period is mentioned.

Document type

AgendaPacket

Source document

City of Buda City Council Agenda Packet 2026-08-18

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Buda?

HEB was awarded this government contract by City of Buda, as recorded on August 15, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Buda City Council Agenda Packet 2026-08-18 (AgendaPacket), dated August 15, 2026 from City of Buda. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does HEB hold?

HEB 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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