FINANCIAL_SERVICESAMENDED

City and RDA Amend Fire Station Debt Interlocal Agreement

The City of Nassau Bay and the Nassau Bay Redevelopment Authority are amending their interlocal agreement for the 2017 Fire Station project to defer $330,000 of FY2026 debt service. The deferred amount will be repaid in FY2028 from non-developer tax increment, temporarily reducing the Authority’s near-term payment obligations.

Status
AMENDED
Document date
January 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
City of Nassau Bay
Agency
NASA AREA MANAGEMENT DISTRICT · TX

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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

Scope & details

The full contract record, as filed.

Contract amount
$330,000 one-year forbearance on FY2026 debt service payment
Contract type
FINANCIAL_SERVICES
Contract term
Forbearance of $330,000 in FY2026 Fire Station CO debt service; repayment in FY2028
Renewal date
2028-09-30
Renewal
Amendment provides a one-year forbearance of $330,000 in FY2026 and increases the FY2028 payment by the same amount under the existing interlocal agreement; no change to overall maturity stated.
Document type
Agenda
Source document
Nassau Bay Redevelopment Authority and Reinvestment Zone Number One Joint Meeting Agenda January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by NASA AREA MANAGEMENT DISTRICT?

City of Nassau Bay was awarded this financial services contract by NASA AREA MANAGEMENT DISTRICT, as recorded on January 30, 2026. The contract value is $330,000 one-year forbearance on FY2026 debt service payment.

How much is the City of Nassau Bay contract with NASA AREA MANAGEMENT DISTRICT worth?

The City of Nassau Bay contract with NASA AREA MANAGEMENT DISTRICT is valued at $330,000 one-year forbearance on FY2026 debt service payment, 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 Nassau Bay Redevelopment Authority and Reinvestment Zone Number One Joint Meeting Agenda January 2026 (Agenda), dated January 30, 2026 from NASA AREA MANAGEMENT DISTRICT. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Nassau Bay hold?

City of Nassau Bay may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is NASA AREA MANAGEMENT DISTRICT currently buying?

Explore NASA AREA MANAGEMENT DISTRICT's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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