Board Ratifies U.S. Bank Bond Investment
Parma City SchoolsSchool · Parma, OH- Disclosed value
- $33,005,485.42 closing balance; $39,900.61 interest
- From minutes
- Document date
- Jun 25, 2026
- Term
- March 2026 month end
The 30-second brief
The Parma City School District ratified its March 2026 U.S. Bank corporate bonds and notes investment with a $33.01 million closing balance. The investment generated $39,900.61 in interest at a reported 3.81% yield.
U.S. Bank – Corporate Bonds & Notes holds this financial services contract with Parma City Schools.
Term as filed: March 2026 month end.
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Contract details
- Contract type
- Financial Services
- Amount
- $33,005,485.42 closing balance; $39,900.61 interest
- Document date
- June 25, 2026
- Term
- March 2026 month end
- Vendor
- U.S. Bank – Corporate Bonds & Notes
- Agency
- Parma City Schools
- Source document
- Parma City School District Minutes Regular Board Meeting June 25, 2026 (Minutes)
U.S. Bank – Corporate Bonds & Notes's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Parma City Schools?
U.S. Bank – Corporate Bonds & Notes was awarded this financial services contract by Parma City Schools, as recorded on June 25, 2026. The contract value is $33,005,485.42 closing balance; $39,900.61 interest.
How much is the U.S. Bank – Corporate Bonds & Notes contract with Parma City Schools worth?
The U.S. Bank – Corporate Bonds & Notes contract with Parma City Schools is valued at $33,005,485.42 closing balance; $39,900.61 interest, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Parma City School District Minutes Regular Board Meeting June 25, 2026 (Minutes), dated June 25, 2026 from Parma City Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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