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FINANCIAL_SERVICESAPPROVED

city_of_pompano_beach_city_commission_meeting_agen.pdf

Bank of America named escrow agent for equipment lease

City of Pompano BeachBANK OF AMERICA NATIONAL ASSOCIATIONDecember 9, 2025

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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

Description

The City authorized an escrow agreement among Pompano Beach, BANC OF AMERICA PUBLIC CAPITAL CORPORATION, and BANK OF AMERICA, NATIONAL ASSOCIATION in connection with a $2,000,000 equipment lease financing. Bank of America will serve as escrow agent for the transaction.

Contract Details

Vendor

BANK OF AMERICA NATIONAL ASSOCIATION

Agency

City of Pompano Beach, FL

Contract Type

FINANCIAL_SERVICES

Document Date

December 9, 2025

Renewal Info

Escrow agreement linked to the term of the equipment lease; no independent renewal terms described.

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