FINANCIAL_SERVICESAPPROVED

City of Castroville Awards Financial Services Contract to Kf Flat Creek Lp (July 2026)

The City of Castroville is set to approve a Financing and Reimbursement Agreement with KF Flat Creek, LP for Public Improvement District No. 2 serving the Flat Creek development. Under the agreement, the developer will construct public infrastructure and be reimbursed from special assessments and up to $25 million in PID bond proceeds, with no recourse to the City’s general fund.

Status
APPROVED
Document date
July 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Kf Flat Creek Lp
Agency
City of Castroville · TX

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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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $25,000,000 in PID bonds (reimbursement capped by bond proceeds and special assessments)
Contract type
FINANCIAL_SERVICES
Renewal
Agreement allows issuance of up to four series of PID bonds for successive improvement areas within the district; future bond series and service and assessment plans will require additional council approvals.
Document type
AgendaPacket
Source document
City of Castroville City Council Agenda Packet 2026-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Castroville?

Kf Flat Creek Lp was awarded this financial services contract by City of Castroville, as recorded on July 14, 2026. The contract value is Not to exceed $25,000,000 in PID bonds (reimbursement capped by bond proceeds and special assessments).

How much is the Kf Flat Creek Lp contract with City of Castroville worth?

The Kf Flat Creek Lp contract with City of Castroville is valued at Not to exceed $25,000,000 in PID bonds (reimbursement capped by bond proceeds and special assessments), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Castroville City Council Agenda Packet 2026-07-14 (AgendaPacket), dated July 14, 2026 from City of Castroville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kf Flat Creek Lp hold?

Kf Flat Creek Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Kf Flat Creek Lp's profile

What is City of Castroville currently buying?

Explore City of Castroville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Castroville's profile

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