Englewood School District 1 Awards Financial Services Contract to Umb Bank Na (July 2026)

Arapahoe County School District No. 1 entered into a Custodial Agreement with UMB Bank, N.A. effective January 1, 2027 for administration of its Bond Redemption Fund. UMB Bank will hold and invest the fund, make principal and interest payments on the District’s general obligation bonds, and receive an annual administrative fee billed in advance for these services. The agreement remains in effect as long as required by Colorado law and includes provisions for successor custodians and investment directions.

Scope & details

The full contract record, as filed.

Contract amount

$[________________] annual administrative fee

Contract type

FINANCIAL_SERVICES

Contract term

Effective for property taxes distributed on and after January 1, 2027; remains in effect so long as required by state law; fee billed annually in advance

Renewal

Agreement remains in full force and effect so long as required by state law; either party may initiate replacement of the custodian with 30 days’ written notice, but any resignation or removal is contingent on appointment of a successor custodian. Annual administrative fee is billed in advance each year for ongoing services.

Document type

Agreement

Source document

Arapahoe County School District No. 1 Custodial Agreement 2027-01-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Englewood School District 1?

Umb Bank Na was awarded this financial services contract by Englewood School District 1, as recorded on July 19, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Arapahoe County School District No. 1 Custodial Agreement 2027-01-01 (Agreement), dated July 19, 2026 from Englewood School District 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Umb Bank Na hold?

Umb Bank Na may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Englewood School District 1 currently buying?

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Englewood School District 1 Awards Financial Services Contract to Umb Bank Na (July 2026)

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by Englewood School District 1?

What type of contract is this?

Where was this contract approved?

What other contracts does Umb Bank Na hold?

What is Englewood School District 1 currently buying?

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