Lexington City Council Regular Meeting Minutes March 2026
Council Adds $50,000 Principal Payment to Bank Loan
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Description
The Lexington City Council approved an additional $50,000 principal payment from the Certificate of Obligation Fund on the existing water well loan with Round Top State Bank. This action amends the loan’s payment schedule though the overall loan term was not specified.
Contract Details
Contract Amount
$50,000.00
Vendor
ROUND TOP STATE BANK
Agency
Town of Lexington, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 9, 2026
Renewal Info
Additional principal payment applied to existing water well loan with Round Top State Bank; original maturity date and any changes to payoff schedule were not provided.
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ONGOINGCity of Lexington Regular Meeting Agenda March 2026
PENDINGtown-of-lexington-special-meeting-agenda-september-15-2025_dff.pdf
NAtown-of-lexington-special-meeting-minutes-september-15-2025_9d3.pdf
approvedtown-of-round-top-resolution-june-12-2025_e95.pdf
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