Minnehaha County Awards Financial Services Contract to Us Bank Trust Company National Association (April 2026)
Minnehaha CountyCounty · Sioux Falls, SD- Disclosed value
- Not to exceed $33,800,000 (principal)
- From agenda
- Approved
- Apr 21, 2026
The 30-second brief
The Minnehaha County Commission approved Resolution MC26-15 authorizing lease-purchase amendments and supplemental trust documents with U.S. Bank Trust Company, National Association to issue up to $33.8 million in refunding Certificates of Participation. The refinancing will replace the 2017 certificates over a term of up to twelve years at an interest rate not exceeding a 3.5% bond yield.
Us Bank Trust Company National Association holds this financial services contract with Minnehaha County. Its other public contracts on record include work for Housing Authority of the city of Los Angeles and Del Mar Union Elementary.
Term as filed: Up to 12 years from date of related Amendment to Lease.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $33,800,000 (principal)
- Document date
- April 21, 2026
- Term
- Up to 12 years from date of related Amendment to Lease
- Agency
- Minnehaha County
- Source document
- Minnehaha County Commission Meeting Agenda April 21 2026 (Agenda)
Us Bank Trust Company National Association's other public contracts
More Minnehaha County contracts
Questions about this contract
Who was awarded the financial services contract by Minnehaha County?
Us Bank Trust Company National Association was awarded this financial services contract by Minnehaha County, as recorded on April 21, 2026. The contract value is Not to exceed $33,800,000 (principal).
How much is the Us Bank Trust Company National Association contract with Minnehaha County worth?
The Us Bank Trust Company National Association contract with Minnehaha County is valued at Not to exceed $33,800,000 (principal), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Minnehaha County Commission Meeting Agenda April 21 2026 (Agenda), dated April 21, 2026 from Minnehaha County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Us Bank Trust Company National Association hold?
Us Bank Trust Company National Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Minnehaha County currently buying?
Explore Minnehaha County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
