Huntington City Council Agenda April 13 2026
Bond Reserve Insurance Planned for 2026 Sewer Bonds
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Description
Under Resolution 2026-R-67, the City plans to fund the Series 2026 A and Series 2026 C sewer revenue bond reserve accounts via municipal bond debt service reserve insurance from Build America Mutual Assurance Company. This would free current reserve funds for sewer and stormwater capital projects once the insurance coverage is established.
Contract Details
Vendor
BUILD AMERICA MUTUAL ASSURANCE COMPANY
Agency
Housing Authority of the city of Huntington, WV
Contract Type
INSURANCE
Document Date
April 12, 2026
Renewal Info
Initial approval of municipal bond debt service reserve insurance commitments and agreements for Series 2026 A and Series 2026 C Bonds reserve accounts; no renewal terms stated in agenda.
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PENDINGIssuing Agency
Housing Authority of the city of Huntington
Local Housing Authority
Huntington, WV
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