Connally Independent School District Awards Financial Services Contract to U.S. Bank Trust Company N.A (August 2026)
Connally Independent School DistrictSchool · Waco, TX- Disclosed value
- Not to exceed $2,300,000 Defeasance Deposit; fee schedule to be attached
- From agreement
- Approved
- Aug 18, 2026
- Renews
- Free account
The 30-second brief
Connally ISD approved an Escrow Agreement with U.S. Bank Trust Company, N.A. to serve as Deposit Agent and Escrow Agent for up to $2,300,000 in defeasance deposits to retire specified refunding bonds. The agreement establishes an irrevocable escrow fund and sets fee compensation per an attached schedule for the duration of the defeasance.
U.S. Bank Trust Company N.A holds this financial services contract with Connally Independent School District. Its other public contracts on record include work for Successor Agency To The Redevelopment Agency For The County Of Riverside, California and Palomar Medical Center Poway.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $2,300,000 Defeasance Deposit; fee schedule to be attached
- Document date
- August 18, 2026
- Term
- From Escrow Funding Date through final payment of Defeased Obligations (no later than 2028-08-15)
- Renews
- On record
- Source document
- Connally Independent School District Agreement Order Authorizing the Defeasance and Redemption of Certain Outstanding Obligations of the District 2026-08-18 (Agreement)
U.S. Bank Trust Company N.A's other public contracts
More Connally Independent School District contracts
Questions about this contract
Who was awarded the financial services contract by Connally Independent School District?
U.S. Bank Trust Company N.A was awarded this financial services contract by Connally Independent School District, as recorded on August 18, 2026. The contract value is Not to exceed $2,300,000 Defeasance Deposit; fee schedule to be attached.
How much is the U.S. Bank Trust Company N.A contract with Connally Independent School District worth?
The U.S. Bank Trust Company N.A contract with Connally Independent School District is valued at Not to exceed $2,300,000 Defeasance Deposit; fee schedule to be attached, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Connally Independent School District Agreement Order Authorizing the Defeasance and Redemption of Certain Outstanding Obligations of the District 2026-08-18 (Agreement), dated August 18, 2026 from Connally Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does U.S. Bank Trust Company N.A hold?
U.S. Bank Trust Company N.A may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Connally Independent School District currently buying?
Explore Connally Independent School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
