City Amends Tax Abatement Agreement with Texas Trust Credit Union
City of ArlingtonCity · Arlington, TX- Disclosed value
- $15,000,000.00 minimum investment
- From resolution
- Document date
- May 5, 2026
- Renews
- Free account
The 30-second brief
The City of Arlington approved a First Amendment to its Phase One Tax Abatement Agreement with Texas Trust Credit Union. The amended deal requires Texas Trust Credit Union to invest at least $15 million in improvements, create at least 175 jobs, and maintains a 75% property tax abatement from 2027 to 2036. The agreement term extends through payment of 2036 tax year obligations.
Texas Trust Credit Union holds this financial services contract with City of Arlington. Its other public contracts on record include work for Burnet Consolidated ISD and Concho Valley Council of Governments.
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Contract details
- Contract type
- Financial Services
- Amount
- $15,000,000.00 minimum investment
- Document date
- May 5, 2026
- Term
- From effective date in 2026 through payment of all taxes owed for tax year 2036 (ends 2036 tax payment)
- Renews
- Free account
- Vendor
- Texas Trust Credit Union
- Agency
- City of Arlington
- Source document
- City of Arlington Resolution First Amendment to Phase One Tax Abatement Agreement with Texas Trust Credit Union 2026-05-05 (Resolution)
Texas Trust Credit Union's other public contracts
More City of Arlington contracts
Questions about this contract
Who was awarded the financial services contract by City of Arlington?
Texas Trust Credit Union was awarded this financial services contract by City of Arlington, as recorded on May 5, 2026. The contract value is $15,000,000.00 minimum investment.
How much is the Texas Trust Credit Union contract with City of Arlington worth?
The Texas Trust Credit Union contract with City of Arlington is valued at $15,000,000.00 minimum investment, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in City of Arlington Resolution First Amendment to Phase One Tax Abatement Agreement with Texas Trust Credit Union 2026-05-05 (Resolution), dated May 5, 2026 from City of Arlington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Texas Trust Credit Union hold?
Texas Trust Credit Union may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Arlington currently buying?
Explore City of Arlington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.