Bond Trust Services Contemplated as Paying Agent

The City of Verona’s presale plan for its $2,515,000 General Obligation Promissory Notes, Series 2026A anticipates engaging Bond Trust Services Corporation as paying agent if the successful bidder elects a term bond structure. The firm would manage mandatory redemptions and payment processing over the life of the notes.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

For the life of the 2026A Notes if a term bond structure is used

Renewal date

2036-04-01

Renewal

Potential paying agent agreement would run for the full term of the 2026A Notes, covering interest and principal payments and mandatory redemptions; renewal not expected beyond maturity.

Document type

Agenda

Source document

City of Verona Agenda Finance Committee 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Bond Trust Services Corporation was awarded this financial services contract by City of Verona, as recorded on August 24, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Verona Agenda Finance Committee 2026-08-24 (Agenda), dated August 24, 2026 from City of Verona. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bond Trust Services Corporation hold?

Bond Trust Services Corporation 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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