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Horizon Bank Issues Lindenwoods Estates Letter of Credit

City of Durant
Disclosed value
$385,877.50
From agendapacket
Document date
Nov 3, 2026
Renews
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The 30-second brief

What it covers

Horizon Bank issued a $385,877.50 irrevocable standby letter of credit naming the City of Durant as beneficiary. The instrument secures completion of roadway extension work for the Lindenwoods Estates project and remains available through April 1, 2028, subject to earlier completion.

Who holds it

Horizon Bank holds this financial services contract with City of Durant. Its other public contracts on record include work for Salado Independent School District and City of Springfield.

What happens next

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Contract details

Contract type
Financial Services
Amount
$385,877.50
Document date
November 3, 2026
Term
Effective April 1, 2026; expires April 1, 2028, or earlier upon issuance of a final, unconditional certificate of completion and unconditional final lien waiver for the project
Renews
On record
Vendor
Horizon Bank
Agency
City of Durant
Source document
City of Durant AgendaPacket Planning Commission Meeting 2026-11-03 (AgendaPacket)

Horizon Bank's other public contracts

Salado Independent School District, TexasSalado ISD Seeks Two-Year Horizon Bank Extension · Oct 12, 2026UndisclosedCity of Springfield, NebraskaSpringfield Designates Horizon Bank as City Depository · Oct 6, 2026UndisclosedCity of Waverly, NebraskaWaverly Approves Horizon Bank ACH Fee · Sep 22, 2026$10Salado village, TexasSalado Declines Horizon Bank Signatory Change · Sep 16, 2026UndisclosedShoreham village, MichiganShoreham Approves Horizon Bank Fee · Sep 16, 2026$60.2All Horizon Bank contractsVendor profile

More City of Durant contracts

TUBACEXDurant Includes Tubacex Reimbursement In Budget Supplement · Oct 13, 2026$190.6KWright Water CorporationWastewater Plant Management Agreement Approved for Wright Water · Oct 13, 2026UndisclosedKsa Engineers a Pape-dawson Company (Ksa)Durant Airport Authority Considers KSA Contract Amendment · Oct 13, 2026OWRBDurant Records OWRB 2023 Wastewater Financing · Oct 13, 2026$22.5MJ Lee Enterprises LLCSouth Development Hangar Project Awarded to J. Lee Enterprises · Oct 13, 2026UndisclosedAll City of Durant activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Durant?

Horizon Bank was awarded this financial services contract by City of Durant, as recorded on November 3, 2026. The contract value is $385,877.50.

How much is the Horizon Bank contract with City of Durant worth?

The Horizon Bank contract with City of Durant is valued at $385,877.50, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Durant AgendaPacket Planning Commission Meeting 2026-11-03 (AgendaPacket), dated November 3, 2026 from City of Durant. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Horizon Bank hold?

Horizon 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.

What is City of Durant currently buying?

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

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