FINANCIAL_SERVICESPENDING

City Advances $19M Utility Revenue Bond Financing

Elizabeth City Council approved a preliminary resolution to pursue a revenue bond of up to $19 million for water and electric system improvements, to be issued under a Trust Agreement with U.S. Bank Trust Company, National Association as Trustee. The City Manager and Interim Finance Director were authorized to apply to the Local Government Commission and solicit private-sale proposals.

Status
PENDING
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
U.s. Bank Trust Company National Association
Agency
City of Elizabeth · NC

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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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $19,000,000 (revenue bond)
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
City of Elizabeth City Minutes July 13, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Elizabeth?

U.s. Bank Trust Company National Association was awarded this financial services contract by City of Elizabeth, as recorded on July 13, 2026. The contract value is Not to exceed $19,000,000 (revenue bond).

How much is the U.s. Bank Trust Company National Association contract with City of Elizabeth worth?

The U.s. Bank Trust Company National Association contract with City of Elizabeth is valued at Not to exceed $19,000,000 (revenue bond), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Elizabeth City Minutes July 13, 2026 (Minutes), dated July 13, 2026 from City of Elizabeth. 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.

View U.s. Bank Trust Company National Association's profile

What is City of Elizabeth currently buying?

Explore City of Elizabeth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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