City of Kilgore city Awards Financial Services Contract to Kilgore Economic Development Corporation (September 2023)

The Kilgore Economic Development Corporation entered into a Project Contract with the City of Kilgore committing its sales tax revenues to repay up to $7.805 million in City‑issued certificates of obligation. The funds will support major water, sewer, and street infrastructure projects over the life of the debt.

Document date · September 26, 2023

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

For the period during which the Obligations are outstanding

Renewal

Obligation remains in effect until all associated certificates of obligation are fully retired; no renewal terms.

Document type

Agenda

Source document

city_council_regular_meeting_agenda_september_2023.pdf

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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 Kilgore city?

Kilgore Economic Development Corporation was awarded this financial services contract by City of Kilgore city, as recorded on September 26, 2023.

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_regular_meeting_agenda_september_2023.pdf (Agenda), dated September 26, 2023 from City of Kilgore city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kilgore Economic Development Corporation hold?

Kilgore Economic Development Corporation 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 Kilgore Economic Development Corporation's profile

What is City of Kilgore city currently buying?

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

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