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City of Anthony Agenda Packet 2026-05-19

Security Bank of Kansas City Named Solar Escrow Agent

City of AnthonySECURITY BANK OF KANSAS CITYMay 19, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City engaged Security Bank of Kansas City as escrow agent for the solar array lease‑purchase, to hold and disburse the $4.96 million in project funds during the 36‑month acquisition period. The bank will manage payments to the solar vendor as work progresses.

Contract Details

Vendor

SECURITY BANK OF KANSAS CITY

Agency

City of Anthony, KS

Contract Type

FINANCIAL_SERVICES

Document Date

May 19, 2026

Contract Term

Escrow period up to 36 months from Commencement Date or until project completion

Renewal Info

Escrow agreement automatically terminates at the end of the 36‑month acquisition period unless extended in writing by the City and Capital One.

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