City of San Marcos Awards Financial Services Contract to New Hope Cultural Education Facilities Finance Corporation (December 2025)
City of San MarcosCity · San Marcos, TX- Disclosed value
- Not to exceed $30,000,000 (bond principal)
- From agenda
- Approved
- Dec 2, 2025
The 30-second brief
San Marcos will approve the issuance of up to $30 million in revenue bonds by the New Hope Cultural Education Facilities Finance Corporation for the Villas Del San Xavier Senior Residences. The bonds will finance a residential senior living project at 2621 South IH-35.
New Hope Cultural Education Facilities Finance Corporation holds this financial services contract with City of San Marcos. Its other public contracts on record include work for Calhoun County and Tarrant County.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $30,000,000 (bond principal)
- Document date
- December 2, 2025
- Agency
- City of San Marcos
- Source document
- city_of_san_marcos_city_council_regular_meeting_ag.pdf (Agenda)
New Hope Cultural Education Facilities Finance Corporation's other public contracts
More City of San Marcos contracts
Questions about this contract
Who was awarded the financial services contract by City of San Marcos?
New Hope Cultural Education Facilities Finance Corporation was awarded this financial services contract by City of San Marcos, as recorded on December 2, 2025. The contract value is Not to exceed $30,000,000 (bond principal).
How much is the New Hope Cultural Education Facilities Finance Corporation contract with City of San Marcos worth?
The New Hope Cultural Education Facilities Finance Corporation contract with City of San Marcos is valued at Not to exceed $30,000,000 (bond principal), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in city_of_san_marcos_city_council_regular_meeting_ag.pdf (Agenda), dated December 2, 2025 from City of San Marcos. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does New Hope Cultural Education Facilities Finance Corporation hold?
New Hope Cultural Education Facilities Finance 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.
What is City of San Marcos currently buying?
Explore City of San Marcos's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.