CONTRACTAPPROVED

Red Oak Independent School District Awards $15,000,000 Financial Services Contract to Texas Capital Bank (October 2026)

Red Oak Independent School District logoRed Oak Independent School District
Disclosed value
$15,000,000
From resolution
Approved
Oct 19, 2026
Term
November 3, 2026 – June 15, 2027
Renews
Free account

The 30-second brief

What it covers

Red Oak Independent School District approved a $15 million note purchase agreement with Texas Capital Bank. The taxable tax and revenue anticipation note will fund maintenance expenses and issuance costs, with funding scheduled for November 3, 2026, and principal repayment due June 15, 2027.

Who holds it

Texas Capital Bank holds this financial services contract with Red Oak Independent School District. Its other public contracts on record include work for Idea Judson Academy and Cumberland Academy Upper El.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Red Oak Independent School District contract.

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Contract details

Contract type
Financial Services
Amount
$15,000,000
Document date
October 19, 2026
Term
November 3, 2026 – June 15, 2027
Renews
Free account
Source document
Red Oak Independent School District Resolution Tax and Revenue Anticipation Note 2026-10-19 (Resolution)

Texas Capital Bank's other public contracts

More Red Oak Independent School District contracts

Questions about this contract

Who was awarded the financial services contract by Red Oak Independent School District?

Texas Capital Bank was awarded this financial services contract by Red Oak Independent School District, as recorded on October 19, 2026. The contract value is $15,000,000.

How much is the Texas Capital Bank contract with Red Oak Independent School District worth?

The Texas Capital Bank contract with Red Oak Independent School District is valued at $15,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Red Oak Independent School District Resolution Tax and Revenue Anticipation Note 2026-10-19 (Resolution), dated October 19, 2026 from Red Oak Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Texas Capital Bank hold?

Texas Capital 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 Red Oak Independent School District currently buying?

Explore Red Oak Independent School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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