FINANCIAL_SERVICESONGOING

Avon Confirms Argent as Trustee for Lennar Bonds

The Town of Avon will continue to use Argent Institutional Trust Company as trustee for its Lennar Project economic development revenue bonds under a First Supplemental Trust Indenture dated August 1, 2026. Argent will manage pledged TIF revenues, construction funds, and all payment and redemption functions for the Series 2025A and forthcoming Series 2026B bonds.

Status
ONGOING
Document date
July 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Argent Institutional Trust Company
Agency
Town of Avon · IN

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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 type
FINANCIAL_SERVICES
Contract term
Beginning with original Indenture dated October 1, 2025, as supplemented August 1, 2026; continues for life of Series 2025A and 2026B bonds
Renewal
The First Supplemental Trust Indenture amends and supplements the 2025 Indenture to add the Series 2026B bonds and related 2026 construction and issuance expense accounts, effectively extending Argent’s trustee role to the new series.
Document type
AgendaPacket
Source document
Avon Town Council AgendaPacket 2026-07-23

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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 Avon?

Argent Institutional Trust Company was awarded this financial services contract by Town of Avon, as recorded on July 23, 2026.

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 Avon Town Council AgendaPacket 2026-07-23 (AgendaPacket), dated July 23, 2026 from Town of Avon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Argent Institutional Trust Company hold?

Argent Institutional Trust Company 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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