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FINANCIAL_SERVICESAPPROVED

Dublin Independent School District Escrow Agreement March 2026

Escrow Agent Approved for Bond Defeasance by Dublin ISD

Not to exceed $1,300,000 (escrowed assets/funds)Dublin IsdBANK OF NEW YORK MELLON TRUST COMPANY N.A.March 13, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

Dublin Independent School District approved an Escrow Agreement with The Bank of New York Mellon Trust Company, N.A. to act as escrow agent for the defeasance and redemption of outstanding bond obligations using up to $1,300,000 in available funds. The bank will hold and invest the funds until the obligations are fully paid or redeemed.

Contract Details

Contract Amount

Not to exceed $1,300,000 (escrowed assets/funds)

Vendor

BANK OF NEW YORK MELLON TRUST COMPANY N.A.

Agency

Dublin Isd, TX

Contract Type

FINANCIAL_SERVICES

Document Date

March 13, 2026

Contract Term

Effective March 23, 2026 through final payment of defeased obligations; Escrow Funding Date to maturity/redemption (dates TBD)

Renewal Info

No automatic renewal; Escrow Agreement remains in effect until all payments on defeased obligations are made and final transfer of remaining balance is returned to the district. Successor agent may be appointed if required.

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