City of Lawrence Indiana 2026 Utility Budget
Bond Trustee Fees Included in 2026 Sewer Budget
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Description
The sewage utility’s 2026 debt service budget includes $825 in annual bond trustee fees for each of the 2009B and 2015 sewage works revenue bond issues. These fees cover ongoing trustee and paying agent services for the outstanding revenue bonds.
Contract Details
Contract Amount
$825 annual Bond Trustee Fees (per bond series 2009B, 2015; implied similar for 2009A)
Vendor
BOND TRUSTEE
Agency
Town of Lawrence, IN
Contract Type
FINANCIAL_SERVICES
Document Date
April 10, 2026
Contract Term
Annual fee during life of respective bond issues through January 1, 2030 (2009A, 2009B) and January 1, 2028 (2015)
Renewal Date
2030-01-01
Renewal Info
Trustee engagement continues automatically for the life of the bond issues; services and fees terminate when the bonds mature or are fully redeemed (2015 series in 2028, 2009A/2009B in 2030).
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