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FINANCIAL_SERVICESAPPROVED

TIRZ 1 La Porte Redevelopment Authority Board Meeting Agenda May 2026

American Bank designated as qualified investment broker

La Porte Area Water AuthorityAMERICAN BANKMay 13, 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 Authority’s updated Investment Policy authorizes American Bank as a qualified broker/dealer for Fiscal Year 2024. This designation allows American Bank to participate in public funds investment transactions for the TIRZ.

Contract Details

Vendor

AMERICAN BANK

Agency

La Porte Area Water Authority, TX

Contract Type

FINANCIAL_SERVICES

Document Date

May 13, 2026

Contract Term

Authorized broker/dealer for Fiscal Year 2024 under Investment Policy

Renewal Date

2027-08-14

Renewal Info

Authorization tied to the August 14, 2025 Investment Policy and confirmed in May 2026 resolution; subject to future annual reviews.

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