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FINANCIAL_SERVICESAPPROVED

County Sanitation District No. 34 Board of Directors Agenda Packet 2026-06-24

Wells Fargo Securities Joins District Bond Underwriters

Los Angeles County Sanitation DistrictsWELLS FARGO SECURITIESJune 24, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Description

County Sanitation District No. 34 approved Wells Fargo Securities as part of the underwriting team for the 2026 Joint Outfall System revenue bonds. The firm will help place up to $510 million in bonds under a purchase agreement with strict limits on cost and maturity.

Contract Details

Vendor

WELLS FARGO SECURITIES

Agency

Los Angeles County Sanitation Districts, CA

Contract Type

FINANCIAL_SERVICES

Document Date

June 24, 2026

Contract Term

Bonds to mature no later than October 1, 2057

Renewal Date

2057-10-01

Renewal Info

Underwriting role is limited to the 2026 Series A issuance with no ongoing renewal terms. Bonds must mature no later than October 1, 2057.

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