Town of Granby Board of Trustees Agenda Packet 2026-06-09
US Bank Manages Bond Reserve Funds for Final Payment
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Description
US Bank is maintaining reserve funds for the district's final bond payment, ensuring compliance with the bond schedule and proper debt servicing. These reserved funds are critical for the district's financial planning and bond obligations.
Contract Details
Vendor
US BANK
Agency
Town of Granby, MN
Contract Type
FINANCIAL_SERVICES
Document Date
June 9, 2026
Renewal Date
2027-12-31
Renewal Info
Banking services for bond reserves ongoing; funds held until bond payoff, expected by 2027 or as per schedule.
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