US Bank Continues as Trustee for Town Revenue Bonds
Town of Sullivan's IslandCity · Sullivan's Island, SC- Disclosed value
- Approximately $2.4 million annually (debt service payments)
- From budget
- Document date
- May 4, 2026
The 30-second brief
US Bank acts as the trustee for Sullivan’s Island’s 2018 and 2020 revenue bonds, receiving short-term GO bond proceeds and disbursing roughly $2.4 million in annual debt service. This financial services relationship underpins the Town’s long-term capital financing.
Us Bank holds this financial services contract with Town of Sullivan's Island. Its other public contracts on record include work for Monte Vista County Water District and William Shore Memorial Pool District.
Term as filed: Annual debt service payments on 2018 and 2020 revenue bonds.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $2.4 million annually (debt service payments)
- Document date
- May 4, 2026
- Term
- Annual debt service payments on 2018 and 2020 revenue bonds
- Vendor
- Us Bank
- Source document
- Town of Sullivan's Island FY 2027 Budget Presentation (Budget)
Us Bank's other public contracts
More Town of Sullivan's Island contracts
Questions about this contract
Who was awarded the financial services contract by Town of Sullivan's Island?
Us Bank was awarded this financial services contract by Town of Sullivan's Island, as recorded on May 4, 2026. The contract value is Approximately $2.4 million annually (debt service payments).
How much is the Us Bank contract with Town of Sullivan's Island worth?
The Us Bank contract with Town of Sullivan's Island is valued at Approximately $2.4 million annually (debt service payments), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a budget record.
Where was this contract approved?
This contract appears in Town of Sullivan's Island FY 2027 Budget Presentation (Budget), dated May 4, 2026 from Town of Sullivan's Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Us Bank hold?
Us Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Sullivan's Island currently buying?
Explore Town of Sullivan's Island's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.