CONTRACTONGOING

U.S. Bank Trust Serves as Austin Bond Escrow Agent

City of Austin city logoCity of Austin city
Document date
Nov 7, 2026

The 30-second brief

What it covers

U.S. Bank Trust Company, National Association will act as escrow agent for Austin's refunding of outstanding Electric Utility System bonds. The bank will hold escrowed securities and funds used for redemption and final payment.

Who holds it

U.S. Bank Trust Company National Association holds this financial services contract with City of Austin city. Its other public contracts on record include work for Lewistown Elementary School District and El Nido Elementary.

What happens next

Term as filed: Through scheduled redemption and final payment of the refunded bonds.

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Contract details

Contract type
Financial Services
Document date
November 7, 2026
Term
Through scheduled redemption and final payment of the refunded bonds
Source document
City of Austin Report Preliminary Official Statement for Electric Utility System Revenue Refunding and Improvement Bonds, Series 2026A and Taxable Series 2026B 2026-11-10 (Report)

U.S. Bank Trust Company National Association's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Austin city?

U.S. Bank Trust Company National Association was awarded this financial services contract by City of Austin city, as recorded on November 7, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Austin Report Preliminary Official Statement for Electric Utility System Revenue Refunding and Improvement Bonds, Series 2026A and Taxable Series 2026B 2026-11-10 (Report), dated November 7, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.S. Bank Trust Company National Association hold?

U.S. Bank Trust Company National Association 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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