Niederwald City Council Minutes 2026-05-05
City Approves Public Funds Agreements with Frost Bank
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Description
Niederwald City Council approved multiple banking and custody agreements with Frost Bank to formalize the City’s public funds depository and related security arrangements. The agreements support compliance with the Public Funds Investment Act and establish third-party custody through Bank of New York Mellon.
Contract Details
Vendor
FROST BANK
Agency
City of Niederwald city, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Renewal Info
Terms of the depository and custody agreements were not specified in the minutes; renewals will follow underlying banking contract provisions.
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Niederwald City Council Minutes 2026-05-05
Niederwald City Council Minutes 2026-05-05
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