Pennfield Schools Board Meeting Agenda Packet March 2026
Argent Trust Named Escrow and Paying Agent for Bonds
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Description
Argent Institutional Trust Company was approved as escrow and paying agent for Pennfield Schools' 2026 Refunding Bonds, handling payment and registration functions.
Contract Details
Vendor
ARGENT INSTITUTIONAL TRUST COMPANY
Agency
Pennfield School District, MI
Contract Type
FINANCIAL_SERVICES
Document Date
March 17, 2026
Contract Term
Escrow and Paying Agent agreement related to 2026 Refunding Bonds; in force for duration of bond payments 2028–2034
Renewal Date
2034-05-01
Renewal Info
Agreement effective through bond final maturity (May 1, 2034); new appointment or reapproval needed for future bonds.
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