FINANCIAL_SERVICESAPPROVED

City of Austin city Awards Financial Services Contract to Umb Bank N.a (October 2026)

Austin City Council approved a Funding Loan Agreement involving UMB Bank, N.A. as fiscal agent for the Elm Ridge Apartments multifamily housing revenue note. The note may be issued in a principal amount not to exceed $33 million to finance project costs.

Document date · October 5, 2026

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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
Not to exceed $33,000,000
Contract type
FINANCIAL_SERVICES
Document type
Resolution
Source document
City of Austin Resolution Approval of Multifamily Housing Revenue Note for Elm Ridge Apartments 2026-10-08

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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 Austin city?

Umb Bank N.a was awarded this financial services contract by City of Austin city, as recorded on October 5, 2026. The contract value is Not to exceed $33,000,000.

How much is the Umb Bank N.a contract with City of Austin city worth?

The Umb Bank N.a contract with City of Austin city is valued at Not to exceed $33,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Austin Resolution Approval of Multifamily Housing Revenue Note for Elm Ridge Apartments 2026-10-08 (Resolution), dated October 5, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Umb Bank N.a hold?

Umb Bank N.a 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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