Bethpage Water District Minutes 2026-05-14
Bank of NY Mellon Serves as Collateral Agent in Agreement
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Description
Bethpage Water District documented a tri-party collateral agreement where Bank of NY Mellon serves as collateral agent with Capital One at 105% coverage dated May 1, 2026. This supports secure custody of collateral for district deposits.
Contract Details
Vendor
BANK OF NY MELLON
Agency
Bethpage Wd, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 14, 2026
Contract Term
Tri-party collateral agreement at 105%, dated 05/01/2026
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