City of Greensboro Transportation/Infrastructure Committee Meeting Agenda 2026-05-26
U.S. Bank to Serve as Trustee for Revenue BANs
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Description
U.S. Bank Trust Company, National Association is slated to serve as trustee for Greensboro’s planned issuance of up to $290 million in water and wastewater revenue bond anticipation notes. The trustee will administer pledged revenues and debt service under the City’s existing Trust Agreement.
Contract Details
Vendor
U.S. BANK TRUST COMPANY NATIONAL ASSOCIATION
Agency
City of Greensboro, NC
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Renewal Info
Trustee appointment continues for the life of the bonds and notes under the Trust Agreement; changes or renewals would occur only with future Council and LGC actions.
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