Montrose County Indenture of Trust 2026-05-28
JPMorgan Chase Purchases $6.6M Montrose COPs
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Description
JPMorgan Chase Bank, N.A. approved as initial purchaser for Montrose County’s $6.6 million Certificates of Participation financing. Proceeds will fund new county health and capital infrastructure projects through 2035.
Contract Details
Contract Amount
$6,615,000
Vendor
JPMORGAN CHASE BANK N.A.
Agency
Montrose county Housing Authority, CO
Contract Type
FINANCIAL_SERVICES
Document Date
May 28, 2026
Contract Term
May 28, 2026 – December 1, 2035
Renewal Date
2035-12-01
Renewal Info
Certificate may be transferred to qualified institutional buyers, banks, or accredited investors according to Indenture restrictions. No automatic renewal; full term ends at maturity December 1, 2035, unless refinanced or paid off early per extraordinary provisions.
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