FINANCIAL_SERVICESPENDING

U.S. Bank Named Proposed Trustee for City Bond Issue

Stevens Point is considering appointing U.S. Bank Trust Company, National Association as trustee for up to $10 million in industrial development revenue bonds. The trustee would administer the bond indenture and related security arrangements for the Firecrest Aerospace project.

Document date · October 13, 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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $10,000,000 in aggregate bond principal
Contract type
FINANCIAL_SERVICES
Contract term
Indenture dated October 1, 2026; maturity date not specified
Renewal
No renewal, extension, or replacement terms stated; the indenture permits a successor trustee under its terms.
Document type
AgendaPacket
Source document
City of Stevens Point AgendaPacket Finance Committee Meeting 2026-10-13

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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 Stevens Point?

U.s. Bank Trust Company National Association was awarded this financial services contract by City of Stevens Point, as recorded on October 13, 2026. The contract value is Not to exceed $10,000,000 in aggregate bond principal.

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

The U.s. Bank Trust Company National Association contract with City of Stevens Point is valued at Not to exceed $10,000,000 in aggregate bond principal, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Stevens Point AgendaPacket Finance Committee Meeting 2026-10-13 (AgendaPacket), dated October 13, 2026 from City of Stevens Point. 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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