| Legislative Board: | Buda Economic Development Corporation |
| Date: | September 14, 2026 |
| Contact: | Shannon Cameron, Office Manager |
| Agenda Item ID / Number: | 2026-754 / 7.5 |
Discussion and possible action to authorize the Board President to amend the agreement with Logic Builders for additional site improvements and building renovation, not to exceed additional expenditures of Seven Hundred Fifteen Thousand and No/100 Dollars ($715,000.00), related to Project Caboose/Train Depot and concrete work and related budget amendment.
Staff is requesting Board authorization to amend the agreement with Logic Builders for additional site improvements and building renovation, not to exceed $715,000, related to Project Caboose/Train Depot and sculpture base installation in Buda City Park, along with the related budget amendment. This brings the New Total Project Cost to $3,815,000, driven by five new cost items: culverts under the driveway, a lift station and water/wastewater line increase, a fire sprinkler system to protect the asset, the sculpture base, and a permanent power contingency, totaling $710,463.37 before rounding. The City opted not to fund the fire sprinkler system despite the Depot ultimately being a City-owned asset, leaving that cost to the EDC. Of the $715,000 requested, $469,613.37 covers City-driven additions (design contribution and joint commission additions) that the City will reimburse to the EDC, leaving a net cost to the EDC of $240,850. Staff recommends approval of both the contract amendment and the corresponding $715,000 budget amendment to keep the project on schedule and fully funded through completion.
The Depot on Main (Project Caboose) is a historic depot renovation led by Logic Builders, with a previously authorized EDC budget of $3,100,000 built up through prior amendments dating back to February 2025. Since that authorization, a joint meeting with the City identified additional scope, including fencing and electric outlets for vendors, along with new construction requirements for culverts under the driveway, a lift station and water/wastewater line increase, a fire sprinkler system, a sculpture base for installation in Buda City Park, and a permanent power contingency. The City has agreed to contribute $400,000 toward design and to cost-share the joint commission additions, but declined to fund the fire sprinkler system despite the Depot ultimately being a City-owned asset. These combined additions bring the New Total Project Cost to $3,815,000, requiring a budget amendment and a corresponding increase to the Logic Builders agreement.