Chicago Board Continues Bond Trustee Arrangement with Amalgamated Bank

The Board of Education of the City of Chicago continues its trustee arrangement with Amalgamated Bank of Chicago under the Master Trust Indenture for Dedicated Capital Improvement Tax Bonds. The arrangement supports the issuance and administration of up to $1.2 billion in authorized project and refunding bonds.

Document date · September 24, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Master Trust Indenture dated December 1, 2016; ongoing for outstanding and future Dedicated Capital Improvement Tax Bonds

Renewal

No renewal or expiration terms are stated; the Master Trust Indenture may be amended and supplemented for additional bond series.

Document type

Resolution

Source document

Board of Education of the City of Chicago Resolution Dedicated Capital Improvement Tax Bonds and Refunding Bonds 2026-09-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Chicago Public Schools Dist 299?

Amalgamated Bank of Chicago was awarded this financial services contract by Chicago Public Schools Dist 299, as recorded on September 24, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Board of Education of the City of Chicago Resolution Dedicated Capital Improvement Tax Bonds and Refunding Bonds 2026-09-24 (Resolution), dated September 24, 2026 from Chicago Public Schools Dist 299. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Amalgamated Bank of Chicago hold?

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