Webster Bank Submits Nonconforming EDC Loan Bid
City of WolfforthCity · Wolfforth, TX- Disclosed value
- Approximately $4,930,000 proposed loan
- From agendapacket
- Document date
- Apr 27, 2026
- Term
- Proposed loan maturity of March 1, 2041
- Renews
- Free account
The 30-second brief
Webster Bank submitted a nonconforming bid for the Wolfforth EDC's proposed land-acquisition financing. The bid offered a 5.555% interest rate and estimated annual payments of $485,931, with a 1% prepayment penalty through February 28, 2031.
Webster Bank holds this financial services contract with City of Wolfforth. Its other public contracts on record include work for North Carolina Department of State Treasurer | State of North Carolina and City of Kerman.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $4,930,000 proposed loan
- Document date
- April 27, 2026
- Term
- Proposed loan maturity of March 1, 2041
- Renews
- On record
- Vendor
- Webster Bank
- Agency
- City of Wolfforth
- Source document
- Wolfforth Economic Development Corporation AgendaPacket Land Acquisition and Financing 2026-04-27 (AgendaPacket)
Webster Bank's other public contracts
More City of Wolfforth contracts
Questions about this contract
Who was awarded the financial services contract by City of Wolfforth?
Webster Bank was awarded this financial services contract by City of Wolfforth, as recorded on April 27, 2026. The contract value is Approximately $4,930,000 proposed loan.
How much is the Webster Bank contract with City of Wolfforth worth?
The Webster Bank contract with City of Wolfforth is valued at Approximately $4,930,000 proposed loan, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Wolfforth Economic Development Corporation AgendaPacket Land Acquisition and Financing 2026-04-27 (AgendaPacket), dated April 27, 2026 from City of Wolfforth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Webster Bank hold?
Webster 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.
What is City of Wolfforth currently buying?
Explore City of Wolfforth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
