FINANCIAL_SERVICESONGOING

Wells Fargo Continues as Trustee for 2007 Revenue Bonds

The Development Authority of Harris County continues its 2007 taxable revenue bond arrangement with Wells Fargo National Bank Association serving as trustee for $6.99 million in bonds. Pine Mountain's hotel motel tax revenues are directed to Wells Fargo for distribution to cover bond debt service under a long-term trust indenture.

Status
ONGOING
Document date
March 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wells Fargo National Bank Association
Agency
Town of Pine Mountain · GA

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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

Scope & details

The full contract record, as filed.

Contract amount
$6,990,000 (aggregate principal amount of Development Authority of Harris County Taxable Revenue Bonds Series 2007)
Contract type
FINANCIAL_SERVICES
Contract term
Bonds issued under Trust Indenture dated December 1, 2007; outstanding until debt service fully repaid or up to 50 years per related MOU
Renewal
Trust indenture from December 1, 2007 remains in effect while the Series 2007 bonds are outstanding; related MOU indicates terms tied to bond payoff or up to 50 years. No specific renewal provisions mentioned beyond the life of the bonds.
Document type
Minutes
Source document
Town of Pine Mountain Minutes Work Session 2026-03-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Pine Mountain?

Wells Fargo National Bank Association was awarded this financial services contract by Town of Pine Mountain, as recorded on March 9, 2026. The contract value is $6,990,000 (aggregate principal amount of Development Authority of Harris County Taxable Revenue Bonds Series 2007).

How much is the Wells Fargo National Bank Association contract with Town of Pine Mountain worth?

The Wells Fargo National Bank Association contract with Town of Pine Mountain is valued at $6,990,000 (aggregate principal amount of Development Authority of Harris County Taxable Revenue Bonds Series 2007), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Pine Mountain Minutes Work Session 2026-03-09 (Minutes), dated March 9, 2026 from Town of Pine Mountain. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wells Fargo National Bank Association hold?

Wells Fargo National Bank Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Pine Mountain currently buying?

Explore Town of Pine Mountain's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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