McAllen Bond Sale Recommended to Texas Water Development Board

McAllen plans to issue $49.355 million in Waterworks and Sewer System Revenue Bonds, Series 2026, for sale to the Texas Water Development Board. The bonds will finance a brackish groundwater treatment plant and related water-system improvements, with principal payments scheduled through February 1, 2056.

Document date · October 12, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$49,355,000

Contract type

FINANCIAL_SERVICES

Contract term

November 18, 2026 – February 1, 2056

Renewal date

2056-02-01

Document type

Agenda

Source document

City of McAllen Agenda 2026-10-12

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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 McAllen?

Texas Water Development Board was awarded this financial services contract by City of McAllen, as recorded on October 12, 2026. The contract value is $49,355,000.

How much is the Texas Water Development Board contract with City of McAllen worth?

The Texas Water Development Board contract with City of McAllen is valued at $49,355,000, 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 of McAllen Agenda 2026-10-12 (Agenda), dated October 12, 2026 from City of McAllen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Texas Water Development Board hold?

Texas Water Development Board 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 Texas Water Development Board's profile

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