Bank of America named escrow agent for equipment lease
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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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