FINANCIAL_SERVICESAPPROVED

City of Kennedale Awards Financial Services Contract to SAMCO (August 2026)

Kennedale City Council unanimously approved Ordinance 805 authorizing up to $5 million in Series 2026 combination tax and revenue certificates of obligation. Samco presented four bids and reported a best interest rate of 4.3% for financing vehicles, equipment, and municipal capital improvements.

Document date · August 18, 2026

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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
Up to $5,000,000 aggregate principal amount; best bid rate 4.3%
Contract type
FINANCIAL_SERVICES
Contract term
Series 2026 certificate-of-obligation issuance
Document type
Minutes
Source document
City of Kennedale Minutes City Council Regular Meeting August 18, 2026

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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 Kennedale?

SAMCO was awarded this financial services contract by City of Kennedale, as recorded on August 18, 2026. The contract value is Up to $5,000,000 aggregate principal amount; best bid rate 4.3%.

How much is the SAMCO contract with City of Kennedale worth?

The SAMCO contract with City of Kennedale is valued at Up to $5,000,000 aggregate principal amount; best bid rate 4.3%, 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 City of Kennedale Minutes City Council Regular Meeting August 18, 2026 (Minutes), dated August 18, 2026 from City of Kennedale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does SAMCO hold?

SAMCO 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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What is City of Kennedale currently buying?

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

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