City of Bellaire City Council Agenda March 2026
Amegy Bank Appointed Escrow Agent for State Funds
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Description
City of Bellaire appointed Zions Bancorporation (Amegy Bank Division) as escrow agent for TWDB funding, with an annual administration fee of $750.
Contract Details
Contract Amount
$750 annual administration fee (plus out-of-pocket expenses at cost and extraordinary services by appraisal)
Vendor
ZIONS BANCORPORATION NATIONAL ASSOCIATION DBA AMEGY BANK DIVISION
Agency
City of Bellaire, TX
Contract Type
FINANCIAL_SERVICES
Document Date
February 27, 2026
Contract Term
Annual, beginning at closing and renewed each year; expires at final transfer of funds
Renewal Info
Annual administration fee renewed each year until project funds are fully disbursed and escrow agreement expires.
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