FINANCIAL_SERVICESONGOING

Altadena Library District AgendaPacket 2026-06-22

U.S. Bank Manages Library Bond and Tax Funds

$828,272Altadena Library DistrictU.S. BANKJune 22, 2026

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Description

U.S. Bank continues to serve as custodian for Altadena Library District’s Measure Z bond proceeds and $828,272 in special tax assessments for debt service. The bank manages restricted funds dedicated to facility renovation projects.

Contract Details

Contract Amount

$828,272

Vendor

U.S. BANK

Agency

Altadena Library District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

June 22, 2026

Contract Term

Ongoing as of May 31, 2026

Renewal Info

Bank and trustee services persist for the life of the Measure Z bonds unless re-bid or reassigned.

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