Palmer Plantation Mud 1 Awards Investment Contract to VERITEX (February 2025)
Palmer Plantation Mud 1Utility District · Houston, TX- Approved
- Feb 19, 2025
- Term
- 12 months
The 30-second brief
The Board decided to invest in a Veritex Certificate of Deposit (CD) for 12 months at an interest rate of 4.25%. This decision was made after considering other options, such as the Texas Class Money Market Fund.
VERITEX holds this investment contract with Palmer Plantation Mud 1. Its other public contracts on record include work for Ace Leadership High School and Magnolia Pointe Mud 1.
Term as filed: 12 months.
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Contract details
- Contract type
- Investment
- Document date
- February 19, 2025
- Term
- 12 months
- Vendor
- VERITEX
- Agency
- Palmer Plantation Mud 1
- Source document
- palmer-plantation-mud-minutes-february-19-2025_8a9.pdf (Minutes)
VERITEX's other public contracts
More Palmer Plantation Mud 1 contracts
Questions about this contract
Who was awarded the investment contract by Palmer Plantation Mud 1?
VERITEX was awarded this investment contract by Palmer Plantation Mud 1, as recorded on February 19, 2025.
What type of contract is this?
This is a Investment contract, documented as a minutes record.
Where was this contract approved?
This contract appears in palmer-plantation-mud-minutes-february-19-2025_8a9.pdf (Minutes), dated February 19, 2025 from Palmer Plantation Mud 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does VERITEX hold?
VERITEX may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Palmer Plantation Mud 1 currently buying?
Explore Palmer Plantation Mud 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.