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Pampa ISD board awards bank depository contract to FirstBank Southwest

Pampa ISD Board of Trustees · April 28, 2025
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Summary

The Pampa ISD Board unanimously approved awarding the district's depository contract to FirstBank Southwest after staff reported two bids and an evaluation committee recommendation.

The Pampa ISD Board of Trustees unanimously approved a contract awarding FirstBank Southwest the district depository on April 28, 2025, following a staff recommendation. Heath Parker, the district chief financial officer, told trustees that two bids were received and that “the evaluation committee recommends that the Board award the depository bid to FirstBank Southwest and approve the contract as presented.”

Trustees voted 7–0 to approve the award after a motion by Luis Nava and a second from David Godino. The board record shows the motion carried with seven votes in favor. The action was taken during the board's open session after an earlier executive session; no alternate award or competing recommendation was recorded in the minutes.

The board did not provide additional contract terms or a timeline for transition in the minutes. The item was recorded as part of routine financial business; the minutes list other finance matters approved on the consent agenda earlier in the meeting.