independent_school_district_no_709_resolution_on_2.pdf
U.S. Bank Trust Company Named Successor Trustee
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Description
Independent School District No. 709 recognizes U.S. Bank Trust Company as successor trustee under its Declaration of Trust for certificates of participation, including the new Series 2025B. The company will administer the trust and manage certificate-related payments through final maturity.
Contract Details
Vendor
U.S. BANK TRUST COMPANY
Agency
Duluth Public School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
November 18, 2025
Contract Term
Certificates mature annually from 2027 through 2038
Renewal Date
2038-12-31
Renewal Info
Successor trustee appointment remains in effect through the term of the outstanding certificates and governing trust documents, unless modified by a future agreement or resignation/appointment process.
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