FINANCIAL_SERVICESAPPROVED

City of Iola Awards Financial Services Contract to Umb Bank (July 2026)

The Iola Board of Alderman approved payment of $50,000 in annual Wastewater Treatment Plant bond invoices to UMB Bank, covering Series 2023 and Series 2020 obligations. A fund transfer between First State Bank accounts was authorized to support the debt service payment.

Status
APPROVED
Document date
July 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Umb Bank
Agency
City of Iola · 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
$40,000.00 for Series 2023; $10,000.00 for Series 2020 (totaling $50,000.00)
Contract type
FINANCIAL_SERVICES
Contract term
Annual bond payments
Renewal
Annual bond payments will continue per debt service schedule until bonds mature.
Document type
Minutes
Source document
Iola Board of Alderman Minutes 2026-07-14

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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 Iola?

Umb Bank was awarded this financial services contract by City of Iola, as recorded on July 14, 2026. The contract value is $40,000.00 for Series 2023; $10,000.00 for Series 2020 (totaling $50,000.00).

How much is the Umb Bank contract with City of Iola worth?

The Umb Bank contract with City of Iola is valued at $40,000.00 for Series 2023; $10,000.00 for Series 2020 (totaling $50,000.00), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Iola Board of Alderman Minutes 2026-07-14 (Minutes), dated July 14, 2026 from City of Iola. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Umb Bank hold?

Umb 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.

View Umb Bank's profile

What is City of Iola currently buying?

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

View City of Iola's profile

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