FINANCIAL_SERVICESAPPROVED

City of Arlington Awards Financial Services Contract to Frost Bank (August 2026)

The City of Arlington approved a consent to collateral assignment of its Development Agreement for the Abram/Main mixed-use project to Frost Bank. Frost Bank’s construction loan to Abram Main Acquisition LLC is secured by a Deed of Trust and assignment of the Developer’s rights to City grants and the City Tract, with the City agreeing to grant notices, cure opportunities, and direct grant payments to Frost’s designated account.

Status
APPROVED
Document date
August 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Frost Bank
Agency
City of Arlington · 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
$__________ construction loan (amount not specified in document)
Contract type
FINANCIAL_SERVICES
Contract term
Construction Loan Agreement dated on or about the date of the Assignment in 2026; collateral assignment effective as of that same date and continuing until termination under the Loan Documents
Renewal
The collateral assignment remains in effect until the Loan is repaid or otherwise terminated under the Loan Documents. The City’s consent requires notice and cure rights for Frost before termination, recapture of grants, or reconveyance of the City Tract, and acknowledges that successors to the Developer (including Frost after foreclosure or a Permitted Assignee) will be recognized under the Development Agreement.
Document type
Resolution
Source document
City of Arlington Resolution Consent to Collateral Assignment of Development Agreement 2026-08-25

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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 Arlington?

Frost Bank was awarded this financial services contract by City of Arlington, as recorded on August 25, 2026.

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 Consent to Collateral Assignment of Development Agreement 2026-08-25 (Resolution), dated August 25, 2026 from City of Arlington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Frost Bank hold?

Frost Bank 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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