Henderson City Council Minutes 2026-05-19
HEDCO Performance Agreement Approved with BRASSO Development LLC
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Description
The Henderson City Council approved a new performance agreement between HEDCO and BRASSO Development, LLC, involving a $20,000 note secured by deed of trust. The note will be forgiven upon timely completion and sale of a new home to be constructed within 240 days of property conveyance.
Contract Details
Contract Amount
$20,000 (Note principal, to be forgiven upon completion)
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 after conveyance, completion within 240 days
Renewal Info
Note is forgiven and lien released upon timely completion and sale. No renewals; fulfillment hinges on construction timeline.
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Henderson City Council Minutes 2026-05-19
APPROVEDCity of Henderson Council Meeting Agenda May 19 2026
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