FINANCIAL_SERVICESAWARDED

City of Winnsboro city Awards Financial Services Contract to Texas Capital (August 2026)

The Winnsboro City Council approved Ordinance 1098-2026 to issue a $1,235,000 Limited Tax Note, Series 2026, awarding the financing to Texas Capital at a 4.16% interest rate. The new financing replaces a previously approved 7% arrangement, saving the City an estimated $255,000 in interest over seven years.

Status
AWARDED
Document date
August 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Texas Capital
Agency
City of Winnsboro city · TX

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,235,000 (aggregate principal); savings of $255,000 interest over seven years
Contract type
FINANCIAL_SERVICES
Contract term
Seven-year limited tax note, Series 2026
Renewal
Seven-year limited tax note; replaces prior lender approved under Ordinance 1097-2026. No renewal options mentioned; debt retires at end of term.
Document type
AgendaPacket
Source document
City of Winnsboro Agenda Packet 2026-08-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Winnsboro city?

Texas Capital was awarded this financial services contract by City of Winnsboro city, as recorded on August 8, 2026. The contract value is $1,235,000 (aggregate principal); savings of $255,000 interest over seven years.

How much is the Texas Capital contract with City of Winnsboro city worth?

The Texas Capital contract with City of Winnsboro city is valued at $1,235,000 (aggregate principal); savings of $255,000 interest over seven years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Winnsboro Agenda Packet 2026-08-11 (AgendaPacket), dated August 8, 2026 from City of Winnsboro city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Texas Capital hold?

Texas Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Texas Capital's profile

What is City of Winnsboro city currently buying?

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

View City of Winnsboro city's profile

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