Norwood School District R-2J Resolution 2025 Bond Issuance
Zions Bancorporation Named Paying Agent for $8M School Bond
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Description
Norwood School District R-2J approved Zions Bancorporation, N.A. as Paying Agent for the Series 2025 General Obligation Bond. The bank will administer bond payments and support financial operations for the bond's duration, as authorized in the Board's resolution.
Contract Details
Vendor
ZIONS BANCORPORATION N.A.
Agency
Norwood R-I School District, MO
Contract Type
FINANCIAL_SERVICES
Document Date
November 12, 2025
Contract Term
For the duration of the bond repayment schedule; principal expected to mature annually through December 2046 (up to 21 years)
Renewal Date
2046-12-01
Renewal Info
The appointment continues unless removed by the District (with State approval), at which point a successor may be named per board resolution.
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