FINANCIAL_SERVICESAPPROVED

Shawnee State University Awards Financial Services Contract to Us Bank Trust Company National Association (June 2026)

The Board of Trustees authorized issuance of Series 2026 General Receipts Bonds under its existing trust agreement with U.S. Bank Trust Company, National Association as trustee, in an amount up to $26 million for new projects and $13.025 million for refunding prior debt. The bonds may have maturities extending to 2056–2060 and will fund major athletic, housing, and academic facility improvements while optimizing the University’s debt structure.

Status
APPROVED
Document date
June 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Us Bank Trust Company National Association
Agency
Shawnee State University · OH

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $26,000,000 in new money bonds plus $13,025,000 in refunding bonds (maximum aggregate principal)
Contract type
FINANCIAL_SERVICES
Contract term
Bonds may mature no later than June 1, 2060; anticipated 30-year repayment with maturity June 1, 2056 for new money component
Renewal date
2060-06-01
Renewal
Second Supplemental Trust Agreement supplements the 2007 Amended and Restated Trust Agreement and the 2016 First Supplemental Trust Agreement; future refundings or additional series may be issued under the same trust structure.
Document type
Agenda
Source document
Shawnee State University Agenda 2026-06-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Shawnee State University?

Us Bank Trust Company National Association was awarded this financial services contract by Shawnee State University, as recorded on June 26, 2026. The contract value is Not to exceed $26,000,000 in new money bonds plus $13,025,000 in refunding bonds (maximum aggregate principal).

How much is the Us Bank Trust Company National Association contract with Shawnee State University worth?

The Us Bank Trust Company National Association contract with Shawnee State University is valued at Not to exceed $26,000,000 in new money bonds plus $13,025,000 in refunding bonds (maximum aggregate principal), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Shawnee State University Agenda 2026-06-26 (Agenda), dated June 26, 2026 from Shawnee State University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Us Bank Trust Company National Association hold?

Us Bank Trust Company National Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Us Bank Trust Company National Association's profile

What is Shawnee State University currently buying?

Explore Shawnee State University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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