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FINANCIAL_SERVICESAPPROVED

City of Conway AgendaPacket City Council Meeting 2026-05-26

Simmons Bank appointed trustee for Conway refunding bonds

City of ConwaySIMMONS BANKMay 26, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Conway designated Simmons Bank as trustee under new trust indentures for the Series 2026A and 2026B taxable industrial development revenue refunding bonds supporting the DBG Arkansas and DW WH Conway projects. The bank will authenticate and administer the bonds through their 2037 maturity.

Contract Details

Vendor

SIMMONS BANK

Agency

City of Conway, AR

Contract Type

FINANCIAL_SERVICES

Document Date

May 26, 2026

Contract Term

Trustee role for Series 2026A and Series 2026B bonds through maturity in 2037

Renewal Date

2037-12-31

Renewal Info

Trustee appointments run for the life of the Series 2026A and 2026B bonds unless modified by supplemental indenture or resignation/removal under indenture terms.

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