CONTRACTAWARDED

City of Fort Worth city Awards Financial Services Contract to Webster Bank National Association (March 2022)

City of Fort Worth city logoCity of Fort Worth city
Disclosed value
$72,185,000.00 (principal amount of tax notes)
From agenda
Awarded
Mar 8, 2022

The 30-second brief

What it covers

Fort Worth awarded the sale of its Tax Notes, Series 2022 to Webster Bank, National Association at a true interest cost of 1.73%, issuing $72,185,000.00 in principal to finance fire apparatus and Future City Hall work. The notes are scheduled to close on March 29, 2022.

Who holds it

Webster Bank National Association holds this financial services contract with City of Fort Worth city. Its other public contracts on record include work for Wayne Local Schools and Patchogue-Medford Union Free School District.

What happens next

Term as filed: Tax Notes Series 2022; closing date March 29, 2022.

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Contract details

Contract type
Financial Services
Amount
$72,185,000.00 (principal amount of tax notes)
Document date
March 8, 2022
Term
Tax Notes Series 2022; closing date March 29, 2022
Source document
city_council_meeting_agenda_march_8_2022.pdf (Agenda)

Webster Bank National Association's other public contracts

More City of Fort Worth city contracts

Questions about this contract

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

Webster Bank National Association was awarded this financial services contract by City of Fort Worth city, as recorded on March 8, 2022. The contract value is $72,185,000.00 (principal amount of tax notes).

How much is the Webster Bank National Association contract with City of Fort Worth city worth?

The Webster Bank National Association contract with City of Fort Worth city is valued at $72,185,000.00 (principal amount of tax notes), 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_council_meeting_agenda_march_8_2022.pdf (Agenda), dated March 8, 2022 from City of Fort Worth city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Webster Bank National Association hold?

Webster Bank National Association 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 Fort Worth city currently buying?

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

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