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City of La Marque Awards $1,500,000 Financial Services Contract to Economic Development Corporation (February 2026)

City of La Marque logoCity of La Marque
Disclosed value
$1,500,000
From agenda
Approved
Feb 23, 2026
Renews
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The 30-second brief

What it covers

The La Marque City Council approved a five-year, $1.5 million loan agreement with the Economic Development Corporation, to be repaid in a single lump sum at the end of the term. The financing, drawn from the Revitalization Fund, is intended to bolster City cash flow while longer-term budget adjustments are implemented.

Who holds it

Economic Development Corporation holds this financial services contract with City of La Marque. Its other public contracts on record include work for City of Kansas and Owen County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of La Marque contract.

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Contract details

Contract type
Financial Services
Amount
$1,500,000
Document date
February 23, 2026
Term
Five years; lump-sum repayment at end of term
Renews
Free account
Vendor
Economic Development Corporation
Agency
City of La Marque
Source document
City of La Marque City Council Regular Agenda February 2026 (Agenda)

Economic Development Corporation's other public contracts

City of Kansas, MissouriKansas City References EDC ProspectUS Contract Planning · Oct 19, 2026UndisclosedOwen County, IndianaCounty Continues $75,000 Economic Development Contract · Sep 14, 2026$75KLincoln County, WisconsinCounty Panel Backs $50,000 for Economic Development · Aug 5, 2026$50KCity of Ansonia, ConnecticutBoard Accepts Communication from Economic Development Corporation · Jul 14, 2026UndisclosedCity of Detroit, MichiganMotor City Match Contract Extended With $2.5M Increase · Jul 7, 2026All Economic Development Corporation contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of La Marque?

Economic Development Corporation was awarded this financial services contract by City of La Marque, as recorded on February 23, 2026. The contract value is $1,500,000.

How much is the Economic Development Corporation contract with City of La Marque worth?

The Economic Development Corporation contract with City of La Marque is valued at $1,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of La Marque City Council Regular Agenda February 2026 (Agenda), dated February 23, 2026 from City of La Marque. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Economic Development Corporation hold?

Economic Development Corporation 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 La Marque currently buying?

Explore City of La Marque's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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