FINANCIAL_SERVICESRECOMMENDED

Escrow Account for MCA Project Authorized at Ameristate Bank

The Oklahoma City Water Utilities Trust concurred with the McGee Creek Authority to establish an escrow account at Ameristate Bank for the MCA Residence Replacement Project, with up to $400,000 to be deposited and fees to be negotiated. The resolution designates authorized agents and signatories for managing the account and issuing checks.

Status
RECOMMENDED
Document date
December 2, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Ameristate Bank
Agency
City of Oklahoma · OK

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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 more than $400,000 to the new account; fee to be negotiated
Contract type
FINANCIAL_SERVICES
Renewal
Resolution authorizes creation of a project-specific escrow account and negotiation of fees; no explicit contract term or renewal provisions are provided in the minutes.
Document type
Minutes
Source document
oklahoma_city_water_utilities_trust_meeting_minute.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 Oklahoma?

Ameristate Bank was awarded this financial services contract by City of Oklahoma, as recorded on December 2, 2025. The contract value is not more than $400,000 to the new account; fee to be negotiated.

How much is the Ameristate Bank contract with City of Oklahoma worth?

The Ameristate Bank contract with City of Oklahoma is valued at not more than $400,000 to the new account; fee to be negotiated, 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 oklahoma_city_water_utilities_trust_meeting_minute.pdf (Minutes), dated December 2, 2025 from City of Oklahoma. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ameristate Bank hold?

Ameristate 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.

View Ameristate Bank's profile

What is City of Oklahoma currently buying?

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

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