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FINANCIAL_SERVICESAPPROVED

City of Mission Awards Financial Services Contract to Texoma Communications Llc (November 2022)

Mission Economic Development Corporation approved Resolution No. 2022-08 authorizing issuance of up to $300 million in revenue bonds and loaning the proceeds to Texoma Communications LLC (TekWav) for broadband infrastructure. The borrower will fund acquisition, construction, and installation of advanced communications lines and equipment while MEDC earns issuer and annual fees until bond maturity.

Document date · November 16, 2022

Issuing agencyCity of MissionVendorTexoma Communications Llc

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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
Not to exceed $300,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Until bond maturity (annual fee during term)
Renewal
Bonds generate an annual issuer fee of $25,000 until maturity; term ends at bond maturity date as set in bond documents.
Document type
Minutes
Source document
mission_edc_special_meeting_minutes_november_16_20.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 Mission?

Texoma Communications Llc was awarded this financial services contract by City of Mission, as recorded on November 16, 2022. The contract value is Not to exceed $300,000,000.

How much is the Texoma Communications Llc contract with City of Mission worth?

The Texoma Communications Llc contract with City of Mission is valued at Not to exceed $300,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in mission_edc_special_meeting_minutes_november_16_20.pdf (Minutes), dated November 16, 2022 from City of Mission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Texoma Communications Llc hold?

Texoma Communications Llc 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 Texoma Communications Llc's profile

What is City of Mission currently buying?

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

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