FINANCIAL_SERVICESAPPROVED

Town of Providence Village Awards Financial Services Contract to Plains Capital Bank (August 2026)

The Providence Village Economic Development Corporation approved a loan agreement with Plains Capital Bank for a Sales Tax Revenue Note, Taxable Series 2026, authorizing borrowing of up to $1.7 million. The funds will finance the purchase of real property to support new and expanded business development within the town, with related closing documents and agreements also authorized.

Status
APPROVED
Document date
August 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Plains Capital Bank
Agency
Town of Providence Village · 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
Up to $1,700,000
Contract type
FINANCIAL_SERVICES
Renewal
Debt service for the Sales Tax Revenue Note is reflected in the FY 2026-2027 budget, including bond interest of $107,990 and principal payment of $58,152. No explicit renewal or extension options are described in the agenda packet.
Document type
AgendaPacket
Source document
Town of Providence Village Economic Development Corporation Agenda Packet 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Providence Village?

Plains Capital Bank was awarded this financial services contract by Town of Providence Village, as recorded on August 2, 2026. The contract value is Up to $1,700,000.

How much is the Plains Capital Bank contract with Town of Providence Village worth?

The Plains Capital Bank contract with Town of Providence Village is valued at Up to $1,700,000, 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 Town of Providence Village Economic Development Corporation Agenda Packet 2026-08-04 (AgendaPacket), dated August 2, 2026 from Town of Providence Village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Plains Capital Bank hold?

Plains Capital 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 Plains Capital Bank's profile

What is Town of Providence Village currently buying?

Explore Town of Providence Village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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