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Mulvane City Council AgendaPacket 2026-05-18

City Uses DTC Book-Entry for 2026 GO Bonds

City of MulvaneTHE DEPOSITORY TRUST COMPANYMay 18, 2026

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Description

Mulvane will utilize The Depository Trust Company’s book-entry-only system for its $5.44 million Series A, 2026 general obligation bonds. DTC will hold the bonds in nominee name and handle clearance and settlement for investors.

Contract Details

Vendor

THE DEPOSITORY TRUST COMPANY

Agency

City of Mulvane, KS

Contract Type

FINANCIAL_SERVICES

Document Date

May 18, 2026

Contract Term

From issuance date July 7, 2026 through life of the Series A, 2026 bonds or until book‑entry system is discontinued

Renewal Date

2046-09-01

Renewal Info

Standard municipal bond book‑entry arrangement with DTC for the duration of the Series A, 2026 bond issue.

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