City of Desert Hot Springs Awards Financial Services Contract to Wilmington Trust National Association (June 2026)
City of Desert Hot SpringsCity · Desert Hot Springs, CA- Disclosed value
- $2,000 annually (trustee fee; additional costs of issuance not itemized)
- From agendapacket
- Approved
- Jun 2, 2026
- Renews
- Free account
The 30-second brief
The City of Desert Hot Springs, acting for CFD No. 2025-1, approved a Bond Indenture appointing Wilmington Trust, National Association as trustee for the 2026 Special Tax Bonds, with services funded from bond proceeds and ongoing special tax revenues. Wilmington Trust will administer debt service payments and related fiduciary duties for the life of the issue.
Wilmington Trust National Association holds this financial services contract with City of Desert Hot Springs. Its other public contracts on record include work for City of Victoria and City of Lake Elsinore.
The renewal date is on record. A free account shows it, with the renewals for every City of Desert Hot Springs contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,000 annually (trustee fee; additional costs of issuance not itemized)
- Document date
- June 2, 2026
- Term
- From June 1, 2026 through final bond maturity, expected September 1, 2056
- Renews
- Free account
- Source document
- City of Desert Hot Springs AgendaPacket Regular Meeting of the City Council 2026-06-02 (AgendaPacket)
Wilmington Trust National Association's other public contracts
More City of Desert Hot Springs contracts
Questions about this contract
Who was awarded the financial services contract by City of Desert Hot Springs?
Wilmington Trust National Association was awarded this financial services contract by City of Desert Hot Springs, as recorded on June 2, 2026. The contract value is $2,000 annually (trustee fee; additional costs of issuance not itemized).
How much is the Wilmington Trust National Association contract with City of Desert Hot Springs worth?
The Wilmington Trust National Association contract with City of Desert Hot Springs is valued at $2,000 annually (trustee fee; additional costs of issuance not itemized), covering financial services work.
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 City of Desert Hot Springs AgendaPacket Regular Meeting of the City Council 2026-06-02 (AgendaPacket), dated June 2, 2026 from City of Desert Hot Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Wilmington Trust National Association hold?
Wilmington Trust National Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Desert Hot Springs currently buying?
Explore City of Desert Hot Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.