Independence City Commission Agenda November 2024
BNY Mellon Trust Appointed as IRB Trustee for City
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Description
The Bank of New York Mellon Trust Company, N.A. was appointed as Trustee, Bond Registrar, and Paying Agent for the Series 2024 Taxable Industrial Revenue Bonds issued by the City of Independence for Textron Aviation Inc., continuing its long-standing trustee relationship on all series.
Contract Details
Vendor
THE BANK OF NEW YORK MELLON TRUST COMPANY N.A.
Agency
City of Independence, KS
Contract Type
FINANCIAL_SERVICES
Document Date
November 21, 2024
Contract Term
December 18, 2024 to June 15, 2035
Renewal Date
2035-06-15
Renewal Info
Ongoing as per prior city bond issues; successive supplemental indentures each extend trustee arrangement.
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