City of Eastpointe Resolution 26-2018 2026 Capital Improvement Bonds 2026-05-19
City Authorizes DTC Book-Entry for Bond Issue
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Description
Eastpointe authorized its 2026 Capital Improvement Bonds to be issued in book-entry-only form through The Depository Trust Company, allowing execution of any necessary custodial or related agreements. This enables electronic registration and clearing for up to $10,000,000 in bonds once sold.
Contract Details
Vendor
DEPOSITORY TRUST COMPANY
Agency
City of Eastpointe, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
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