Huntington City Council Agenda April 13 2026
City Plans Bond Reserve Insurance for 2025 Sewer Issues
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Description
Resolution 2026-R-66 would allow the City to fund the Series 2025 A and Series 2025 C sewer revenue bond reserve accounts using a municipal bond debt service reserve insurance policy from Build America Mutual Assurance Company. The action also permits redeploying current reserve funds toward sewer and stormwater capital improvements once the insurance policy is in place.
Contract Details
Vendor
BUILD AMERICA MUTUAL ASSURANCE COMPANY
Agency
Housing Authority of the city of Huntington, WV
Contract Type
INSURANCE
Document Date
April 12, 2026
Renewal Info
Initial approval of municipal bond debt service reserve insurance commitments and agreements for Series 2025 A and Series 2025 C Bonds reserve accounts; no renewal terms stated in agenda.
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PENDINGIssuing Agency
Housing Authority of the city of Huntington
Local Housing Authority
Huntington, WV
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