Molalla River School District 35 Awards Financial Services Contract to U.S. Bank Trust Company, National Association (October 2026)
- Disclosed value
- Bond amount not to exceed the amount needed to produce net proceeds equal to the District's estimated pension liability of $18,176,141, plus issuance and program costs
- From resolution
- Approved
- Oct 24, 2026
The 30-second brief
Molalla River School District No. 35 authorized U.S. Bank Trust Company, National Association to serve as trustee for its participation in the Oregon Education Districts Pension Bond Program. The trustee will administer the Series 2027A program obligations and related bond payments.
U.S. Bank Trust Company, National Association holds this financial services contract with Molalla River School District 35. Its other public contracts on record include work for North Carolina Department of State Treasurer | State of North Carolina and Arkansas Development Finance Authority | State of Arkansas.
Term as filed: Program Trustee for Full Faith and Credit Pension Obligations, Series 2027A; term not specified.
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Contract details
- Contract type
- Financial Services
- Amount
- Bond amount not to exceed the amount needed to produce net proceeds equal to the District's estimated pension liability of $18,176,141, plus issuance and program costs
- Document date
- October 24, 2026
- Term
- Program Trustee for Full Faith and Credit Pension Obligations, Series 2027A; term not specified
- Source document
- Molalla River School District No. 35 Resolution Authorizing Participation in the Oregon Education Districts Pension Bond Program 2026-11-12 (Resolution)
U.S. Bank Trust Company, National Association's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Molalla River School District 35?
U.S. Bank Trust Company, National Association was awarded this financial services contract by Molalla River School District 35, as recorded on October 24, 2026. The contract value is Bond amount not to exceed the amount needed to produce net proceeds equal to the District's estimated pension liability of $18,176,141, plus issuance and program costs.
How much is the U.S. Bank Trust Company, National Association contract with Molalla River School District 35 worth?
The U.S. Bank Trust Company, National Association contract with Molalla River School District 35 is valued at Bond amount not to exceed the amount needed to produce net proceeds equal to the District's estimated pension liability of $18,176,141, plus issuance and program costs, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Molalla River School District No. 35 Resolution Authorizing Participation in the Oregon Education Districts Pension Bond Program 2026-11-12 (Resolution), dated October 24, 2026 from Molalla River School District 35. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does U.S. Bank Trust Company, National Association hold?
U.S. Bank Trust Company, National 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.
What is Molalla River School District 35 currently buying?
Explore Molalla River School District 35's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.