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Monthly Debt Service to BBVA and Bank of Oklahoma

Rio Nuevo Multipurpose Facilities District logoRio Nuevo Multipurpose Facilities District
Disclosed value
Approximately $750,000 per month (debt service)
From minutes
Document date
Jun 24, 2021

The 30-second brief

What it covers

Rio Nuevo continues significant monthly debt service payments, with approximately $750,000 per month going to BBVA and Bank of Oklahoma. These obligations stem from earlier financing arrangements that helped sustain district projects during revenue downturns.

Who holds it

BBVA holds this financial services contract with Rio Nuevo Multipurpose Facilities District. Its other public contracts on record include work for HARRIS COUNTY WCID 116 and FORT BEND COUNTY LID 15.

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Contract details

Contract type
Financial Services
Amount
Approximately $750,000 per month (debt service)
Document date
June 24, 2021
Vendor
BBVA
Agency
Rio Nuevo Multipurpose Facilities District
Source document
Rio Nuevo Board Meeting Minutes June 2021 (Minutes)

BBVA's other public contracts

HARRIS COUNTY WCID 116, TexasDistrict Updates Authorized Signers on BBVA Account · Jan 12, 2026UndisclosedFORT BEND COUNTY LID 15, TexasBank Service Charge Paid to BBVA · Dec 8, 2025$0.8Navasota Isd, TexasBoard Updates Signature Cards for BBVA Accounts · Oct 20, 2025UndisclosedBelton Isd, TexasBelton ISD Utilizes BBVA for Treasury Banking · Sep 30, 2025UndisclosedBelton Isd, TexasBelton ISD Maintains Public Funds Accounts at BBVA · Sep 30, 2025UndisclosedAll BBVA contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Rio Nuevo Multipurpose Facilities District?

BBVA was awarded this financial services contract by Rio Nuevo Multipurpose Facilities District, as recorded on June 24, 2021. The contract value is Approximately $750,000 per month (debt service).

How much is the BBVA contract with Rio Nuevo Multipurpose Facilities District worth?

The BBVA contract with Rio Nuevo Multipurpose Facilities District is valued at Approximately $750,000 per month (debt service), 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 Rio Nuevo Board Meeting Minutes June 2021 (Minutes), dated June 24, 2021 from Rio Nuevo Multipurpose Facilities District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does BBVA hold?

BBVA 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 Rio Nuevo Multipurpose Facilities District currently buying?

Explore Rio Nuevo Multipurpose Facilities District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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