City of Augusta Strategic Retreat Agenda April 2026
Paying Agent Services Included in GO Bond Costs
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Description
The preliminary GO bond plan for Augusta’s Electric Low Voltage Project sets aside $3,250 for paying agent services. The paying agent will manage debt service payments to bondholders over the life of the issue.
Contract Details
Contract Amount
$3,250
Vendor
PAYING AGENT
Agency
City of Augusta, KS
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
Through bond maturity as paying agent
Renewal Date
2039-09-01
Renewal Info
Paying agent agreements typically run for the life of the bond issue, with potential successor appointments if needed.
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