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FINANCIAL_SERVICESAPPROVED

pasadena-isd-resolution-2024-10-22_bbd.pdf

DTC Book-Entry System Approved for School Bonds

Pasadena IsdCEDE & CO DBA THE DEPOSITORY TRUST COMPANYOctober 22, 2024

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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

Pasadena ISD authorizes securities issuance under the Book-Entry Only System by registering bonds to Cede & Co., nominee of The Depository Trust Company (DTC). This enables electronic registration and transfer for institutional investors.

Contract Details

Vendor

CEDE & CO DBA THE DEPOSITORY TRUST COMPANY

Agency

Pasadena Isd, TX

Contract Type

FINANCIAL_SERVICES

Document Date

October 22, 2024

Contract Term

So long as DTC Book-Entry Only System remains in effect for these bond series

Renewal Info

Remains in effect unless DTC discontinues services or the District determines to terminate Book-Entry system. Successor may be appointed per bond order provisions.

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