Port of Seattle Resolution Resolution No. 3849 2026-06-23
Port Authorizes Escrow Agent for 2026 Refunding Bonds
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Description
The Port of Seattle’s Resolution No. 3849 authorizes engaging U.S. Bank Trust Company, National Association, or another selected firm, as escrow agent for the defeasance and refunding of outstanding intermediate lien bonds. The Escrow Agent will hold and administer refunding proceeds and government obligations under an Escrow Agreement.
Contract Details
Vendor
U.S. BANK TRUST COMPANY NATIONAL ASSOCIATION
Agency
Seattle-Tacoma International Airport (Port of Seattle), WA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Renewal Info
Escrow Agent appointment and Escrow Agreement will be executed only if the Designated Port Representative determines an escrow is necessary or desirable for the refunding; engagement is specific to this refunding transaction.
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PENDINGIssuing Agency
Seattle-Tacoma International Airport (Port of Seattle)
Airport Authority
WA
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