Regions Bank serves as trustee for MRWFA notes

Regions Bank continues to act as trustee for the Minnesota Rural Water Finance Authority’s Public Projects Construction Notes and the related Advance Agreement with Lyon County and the Lincoln Pipestone Rural Water System. The bank holds the assigned Governmental Note and related revenues, and must consent to any extensions of the loan maturity.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Trust Indenture dated as of June 1, 2026 (referenced also as February 1, 2025 in definitions) continuing until all Authority Notes are paid; also acts as Trustee for this Advance Agreement and Program Notes, including any extensions to June 1, 2032

Renewal date

2032-06-01

Renewal

Trustee role and related Indenture obligations continue for the life of the Authority Notes and any extensions; any extension of the Governmental Note maturity to as late as June 1, 2032 requires written approval and execution by Regions Bank as Trustee via an Extension Certificate.

Document type

Agreement

Source document

Minnesota Rural Water Finance Authority Advance Agreement 2026-08-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lyon County?

Regions Bank was awarded this financial services contract by Lyon County, as recorded on August 1, 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 Minnesota Rural Water Finance Authority Advance Agreement 2026-08-01 (Agreement), dated August 1, 2026 from Lyon County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Regions Bank hold?

Regions 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.

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