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FINANCIAL_SERVICESAPPROVED

City of Lebanon AgendaPacket City Council Meeting 2026-06-09

Argent Institutional Named Trustee for Arrow Springs Bonds

City of LebanonARGENT INSTITUTIONAL TRUST COMPANYJune 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Argent Institutional Trust Company will serve as Trustee for the Arrow Springs TIF bond issuance, managing funds and payments through 2058.

Contract Details

Vendor

ARGENT INSTITUTIONAL TRUST COMPANY

Agency

City of Lebanon, OH

Contract Type

FINANCIAL_SERVICES

Document Date

June 9, 2026

Contract Term

30 years (bond trust administration)

Renewal Date

2058-12-01

Renewal Info

Bond trustee duties and fee apply for the term of the financing; billed annually. Bonds mature December 1, 2058.

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