H-E-B, LP

Agreement 0012800, filed with the Texas Comptroller by City of Buda, Texas.

$70,000,000.00committed capital investment

$16,100,000.00grant or incentive

50permanent jobs committed

100%of Ad Valorem Tax Revenues collected by the City on the Incremental Taxable Value abated

twenty-four months from the Effective Dateperformance deadline

The obligation

What the contract requires.

“Company shall use good faith efforts to obtain a Site Development Permit from the City of Buda for the New Store within twenty-four months from the Effective Date.”Executed agreement, p. 8

“Company shall create and maintain at least fifty (50) new net-Full-Time Equivalent Jobs during the Incentive Period.”Executed agreement, p. 8

“Company covenants, warrants and agrees that it shall make at least a Seventy Million and No/100 Dollars ($70,000,000.00) capital investment in the development of the Project at the New H-E-B Site”Executed agreement, p. 6

The repayment remedy

What happens if it is not met.

“City, ESD8, and BEDC shall have the right to {i} suspend the Sales Tax Incentive Payments, the Property Tax Incentive Payments, and the ESD8 Payment until the default is cured; provided that such amounts will be paid to Company upon the curing of the default, or (ii) terminate the Agreement and terminate the Sales Tax Incentive Payments, the Property Tax Incentive Payments, and the ESD8 Payment which have accrued aft”Executed agreement, p. 13

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · Ad Valorem Tax Revenues collected by the City on the Incremental Taxable Value · p. 9

What was abated, and for how long.

100%annually

A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	City of Buda, TexasThis Chapter 380 Economic Development and Performance Agreement (“Agreement”) by and between the City of Buda, Texas, a home rule municipality and political subdivision of the State of Texas (“City”), the City of Buda 4B Corporation, a Section 4B corporation created pursuant to the authority of the Development Corporation Act of 1979 doing business as the Buda Economic Development Corporation (“BE	1
Contracting entity	H-E-B, LPH-E-B, LP, a Texas limited partnership,	1
Parent / guarantor	Not stated in the agreement	—
Instrument	Chapter 380 Economic Development and Performance AgreementThis Chapter 380 Economic Development and Performance Agreement	1
Governing chapter	Chapter 380, Local Government Code<<<PAGE 1>>> CHAPTER 380 ECONOMIC DEVELOPMENT & PERFORMANCE AGREEMENT BETWEEN THE CITY OF BUDA, TEXAS, a home-rule municipality and political subdivision of the State of Texas AND THE CITY OF BUDA 4B CORPORATION AND H-E-B, LP, a Texas limited partnership, STATE OF TEXAS § COUNTY OF HAYS : This Chapter 380 Economic Development and Performance Agreement (“Agreement”) by and between the City of Buda,	—
Capital investment	$70,000,000.00Company covenants, warrants and agrees that it shall make at least a Seventy Million and No/100 Dollars ($70,000,000.00) capital investment in the development of the Project at the New H-E-B Site	6
Grant or incentive	$16,100,000.00which amount shall not exceed the lesser amount of two thirds (2/3) of the Company’s actual Remediation Cost or SIXTEEN MILLION ONE HUNDRED THOUSAND AND NO/100THS DOLLARS ($16, 100,000.00).	4
Jobs committed	fifty (50) new net-Full-Time Equivalent JobsCompany shall create and maintain at least fifty (50) new net-Full-Time Equivalent Jobs during the Incentive Period.	8
Wage requirement	Not stated in the agreement	—
Square footage	100,000 square feetCompany shall improve the New H-E-B Site by constructing a new store with at least an approximate area of 100,000 square feet	6
Acreage	21.387 acres“Property” means the real property consisting of approximately 21.387 acres of land in Buda located at the northwest corner of N Interstate Highway 35 at Main Street, Buda, TX 78610	4
Performance deadline	twenty-four months from the Effective DateCompany shall use good faith efforts to obtain a Site Development Permit from the City of Buda for the New Store within twenty-four months from the Effective Date.	8
Expiration	30th anniversary of the issuance of a certificate of occupancyshall terminate on the thirtieth (30"") anniversary of the issuance of a certificate of occupancy to Company from the City of Buda for the New Store but in no event later than the 30" anniversary following the Effective Date if a certificate of occupancy is not obtained by Company	5
Effective date	October 30, 2025Date: October 30, 2025	21
Signatory	Benjamin R. ScottName: Benjbinn-dhoa )	21
Chain status	Terminal document — no later agreement in the registry names this one as its predecessor	—

Parcels · p. 4

R15558 · R91947 · R15579 · R15577 · R62229

How to check this page

Every line above is in the contract.

Agreement 0012800 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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