City Considers Loan with Texas Heritage National Bank
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Description
The Ore City Council will consider a resolution authorizing a $125,000 loan with Texas Heritage National Bank to finance the purchase of a new 2026 fire truck. The measure would empower the Mayor and City Secretary to execute all necessary loan documents on behalf of the city.
Contract Details
Contract Amount
$125,000
Vendor
TEXAS HERITAGE NATIONAL BANK
Agency
City of Ore, TX
Contract Type
FINANCIAL_SERVICES
Document Date
October 14, 2025
Renewal Info
Single capital loan for fire truck purchase; no renewal options described in the agenda.
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