Southwest & Platte Canyon Joint Meeting Minutes January 2026
Southwest Buys $1.5M Fannie Mae Note for Investments
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Description
Southwest Board approved the purchase of a $1.5 million Federal National Mortgage Association Note at 3.875% interest, maturing in December 2030 as part of district investments.
Contract Details
Contract Amount
$1,500,000 par value
Vendor
FEDERAL NATIONAL MORTGAGE ASSOCIATION
Agency
Southwest Metropolitan Water & Sanitation District, CO
Contract Type
FINANCIAL_SERVICES
Document Date
January 23, 2026
Contract Term
Purchased December 2025, matures December 16, 2030
Renewal Date
2030-12-16
Renewal Info
No renewal; single investment security, matures 2030.
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ONGOINGIssuing Agency
Southwest Metropolitan Water & Sanitation District
Utility District
Littleton, CO
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Southwest & Platte Canyon Joint Meeting Minutes January 2026
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