FINANCIAL_SERVICESAPPROVED

Town of Henderson Awards Financial Services Contract to First Independent Bank (August 2026)

Henderson approved the sale of a $427,000 water and sewer revenue bond to First Independent Bank at a 3.90% net interest cost. The bond has a 10-year repayment term and projected total debt service of $533,847.76.

Document date · August 19, 2026

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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
$427,000 bond principal; total debt service payments of $533,847.76
Contract type
FINANCIAL_SERVICES
Contract term
10-year repayment term
Renewal
10-year debt repayment; resolution number corrected from 2026-21 to 2026-23 without changing the substance or approval.
Document type
Agenda
Source document
Henderson City Council Agenda 2026-08-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Henderson?

First Independent Bank was awarded this financial services contract by Town of Henderson, as recorded on August 19, 2026. The contract value is $427,000 bond principal; total debt service payments of $533,847.76.

How much is the First Independent Bank contract with Town of Henderson worth?

The First Independent Bank contract with Town of Henderson is valued at $427,000 bond principal; total debt service payments of $533,847.76, 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 Henderson City Council Agenda 2026-08-19 (Agenda), dated August 19, 2026 from Town of Henderson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Independent Bank hold?

First Independent 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.

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