Creekside Community Development District Agenda 2026-06-11
$250,000 Bond Settlement Approved with U.S. Bank Trust Company
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Description
Creekside Community Development District approved a settlement agreement with U.S. Bank Trust Company, National Association, totaling approximately $250,000 to resolve disputes regarding the Series 2006 Bonds. The agreement covers payments for settlement, trustee, administrative, and legal fees, and discharges significant unpaid obligations.
Contract Details
Contract Amount
Approximately $250,000 (includes $200,000 settlement, $25,000 legal fees, $24,235.50 trustee & admin fees)
Vendor
U.S. BANK TRUST COMPANY NATIONAL ASSOCIATION
Agency
City of Creekside, KY
Contract Type
FINANCIAL_SERVICES
Document Date
June 11, 2026
Contract Term
One-time settlement as per agreement approved February 12, 2026
Renewal Info
One-time settlement; future obligations discharged per agreement.
More from U.S. BANK TRUST COMPANY NATIONAL ASSOCIATION
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Creekside Community Development District Agenda 2026-06-11
Creekside Community Development District Agenda 2026-06-11
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Creekside Community Development District Agenda 2026-06-11
Creekside Community Development District Agenda 2026-06-11
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