Chaska Economic Development Authority Agenda Packet 2026-06-15
U.S. Bank Appointed Trustee for Chaska EDA 2026A Bonds
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Description
Chaska EDA designated U.S. Bank Trust Company, N.A. to serve as trustee for the 2026A lease revenue bond issuance, managing proceeds and payment processing.
Contract Details
Vendor
U.S. BANK TRUST COMPANY N.A.
Agency
City of Chaska, MN
Contract Type
FINANCIAL_SERVICES
Document Date
June 15, 2026
Contract Term
Term of Series 2026A bonds (anticipated July 1, 2026 – July 1, 2056)
Renewal Date
2056-07-01
Renewal Info
Trustee relationship persists for the life of the Series 2026A bonds unless replaced under terms of the indenture. No automatic renewal beyond bond maturity.
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