County Sanitation District No. 18 Board of Directors Agenda Packet 2026-05-27
U.S. Bank Named Trustee for 2026 JOS Revenue Bonds
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Description
County Sanitation District No. 18 is asked to approve an Indenture under which U.S. Bank Trust Company, National Association will act as trustee for up to $510 million of 2026 Joint Outfall System revenue bonds. The Indenture will govern accounting, flow of funds, and repayment through no later than October 1, 2057.
Contract Details
Vendor
U.S. BANK TRUST COMPANY NATIONAL ASSOCIATION
Agency
Los Angeles County Sanitation Districts, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Through final maturity of 2026 Series A Bonds, not later than October 1, 2057
Renewal Date
2057-10-01
Renewal Info
Trustee engagement continues for the life of the 2026 Series A bonds under the Indenture; no automatic renewals beyond bond maturity are indicated.
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