Montgomery County Municipal Utility District No. 127 Agenda Packet 2026-05-19
Wells Fargo provides depository and collateral services
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Description
Wells Fargo Bank continues to act as the depository bank for Montgomery County MUD 127 under a pledge agreement executed in November 2015. The bank provides daily collateral monitoring with securities held by Bank of New York Mellon.
Contract Details
Vendor
WELLS FARGO BANK
Agency
West Harris County Mud 7, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
Depository Pledge Agreement signed November 2015; ongoing
Renewal Info
Depository Pledge Agreement remains in effect; minutes previously confirmed collateral pledges, with ongoing annual audits and monthly collateral statements.
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Montgomery County Municipal Utility District No. 127 Agenda Packet 2026-05-19
Montgomery County Municipal Utility District No. 127 Agenda Packet 2026-05-19
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