Town of Chincoteague Council Workshop Agenda April 2026
Chincoteague Joins VACo/VML Virginia Investment Pool
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Description
The Town of Chincoteague approved participation in the VACo/VML Virginia Investment Pool through adoption of an ordinance and execution of a Trust Joinder Agreement. The pool will provide administrative, custodial, and investment services for certain Town funds on an ongoing, indefinite basis.
Contract Details
Vendor
VACO/VML VIRGINIA INVESTMENT POOL
Agency
Town of Chincoteague, VA
Contract Type
FINANCIAL_SERVICES
Document Date
April 16, 2026
Contract Term
Indefinite, terminable by Town Manager upon written notice
Renewal Info
Trust Joinder Agreement term is indefinite and may be terminated by the Town Manager on behalf of the Town by written notice to the Trustees, under the terms of the Trust Fund Agreement.
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