FINANCIAL_SERVICESAPPROVED

City of Groesbeck Awards Financial Services Contract to Farmers State Bank (July 2026)

The City of Groesbeck approved Resolution No. 26-R-05 authorizing issuance of a city warrant to Farmers State Bank for up to $162,611.74 to finance obligations on a 2016 Spartan fire truck. The 12‑month warrant carries simple interest not exceeding 6.5% with payment due by July 22, 2026.

Status
APPROVED
Document date
July 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Farmers State Bank
Agency
City of Groesbeck · TX

Trusted by teams at

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
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 more than $162,611.74
Contract type
FINANCIAL_SERVICES
Contract term
Twelve (12) months; principal and interest (15-year amortization) due on or before July 18, 2026; payment due on or before July 22, 2026
Renewal date
2026-07-22
Renewal
Single 12‑month warrant for fire truck payment; no renewals specified.
Document type
AgendaPacket
Source document
City of Groesbeck AgendaPacket City Council Meeting 2026-07-21

Related contracts

Other contracts from Farmers State Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Farmers State Bank was awarded this financial services contract by City of Groesbeck, as recorded on July 21, 2026. The contract value is Not more than $162,611.74.

How much is the Farmers State Bank contract with City of Groesbeck worth?

The Farmers State Bank contract with City of Groesbeck is valued at Not more than $162,611.74, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Groesbeck AgendaPacket City Council Meeting 2026-07-21 (AgendaPacket), dated July 21, 2026 from City of Groesbeck. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmers State Bank hold?

Farmers State Bank 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 Farmers State Bank's profile

What is City of Groesbeck currently buying?

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

View City of Groesbeck's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free