City of Sachse Municipal Development District Board Agenda Packet 2026-06-11
Royal Bank of Canada Holds Sachse City Portfolio
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Description
Royal Bank of Canada manages $5,275,069 in municipal funds for Sachse's portfolio, maturing December 1, 2026.
Contract Details
Contract Amount
$5,275,069
Vendor
ROYAL BANK OF CANADA
Agency
City of Sachse city, TX
Contract Type
FINANCIAL_SERVICES
Document Date
June 11, 2026
Contract Term
Matures 12/1/2026
Renewal Date
2026-12-01
Renewal Info
After maturity, city will determine reinvestment or cash-out.
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