south_st_paul_public_schools_school_board_agenda_i.pdf
Board Considers Revised OPEB Trust IPS With Wells Fargo
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Description
South St. Paul Public Schools is asked to approve a revised Investment Policy Statement with Wells Fargo for management of the district’s OPEB Trust. The IPS formalizes a new asset allocation strategy for roughly $5 million in trust assets and authorizes Wells Fargo to rebalance and manage the portfolio accordingly.
Contract Details
Vendor
WELLS FARGO
Agency
South St. Paul Public School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
June 3, 2026
Renewal Info
IPS to be updated from time to time as client needs, goals, or statutes change; revisions must be in writing and Wells Fargo will monitor and restructure objectives as deemed necessary on an ongoing basis. No fixed expiration date or automatic renewal schedule is specified.
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south_st_paul_public_schools_school_board_agenda_i.pdf
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