Town of Houston Awards $269,000 Financial Services Contract to First Independent Bank (September 2026)

Scope & details

The full contract record, as filed.

Contract amount

$269,000

Contract type

FINANCIAL_SERVICES

Contract term

October 1, 2026 – February 1, 2042

Renewal date

2042-02-01

Renewal

Loan agreement executed for the note term. Interest is 4.40% and the note is payable in scheduled principal installments through 2042, with prepayment allowed beginning February 1, 2036.

Document type

AgendaPacket

Source document

City of Houston AgendaPacket Regular Council Meeting Agenda and Materials 2026-09-14

Frequently asked questions

Common questions about this contract, answered from the record.

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

First Independent Bank was awarded this financial services contract by Town of Houston, as recorded on September 14, 2026. The contract value is $269,000.

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

The First Independent Bank contract with Town of Houston is valued at $269,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Houston AgendaPacket Regular Council Meeting Agenda and Materials 2026-09-14 (AgendaPacket), dated September 14, 2026 from Town of Houston. 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.

View First Independent Bank's profile

What is Town of Houston currently buying?

Explore Town of Houston's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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