CONTRACTAPPROVED

Solon City Schools Awards Financial Services Contract to Wells Fargo Bank (May 2026)

Solon City Schools logoSolon City Schools
Disclosed value
Up to $100,000,000 (interim deposits)
From resolution
Approved
May 11, 2026
Term
July 1, 2026 through June 30, 2031
Renews
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The 30-second brief

What it covers

The Solon City School District Board of Education designated Wells Fargo Bank as a public depository of interim moneys, authorizing deposits up to $100 million for the five-year period beginning July 1, 2026. Deposits are subject to Ohio Revised Code Chapter 135, the District’s investment policy, and required collateral and memorandum agreements.

Who holds it

Wells Fargo Bank holds this financial services contract with Solon City Schools. Its other public contracts on record include work for City of Palmdale and Lancaster County.

What happens next

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Contract details

Contract type
Financial Services
Amount
Up to $100,000,000 (interim deposits)
Document date
May 11, 2026
Term
July 1, 2026 through June 30, 2031
Renews
On record
Source document
Solon City School District Resolution A RESOLUTION DESIGNATING DEPOSITORIES OF PUBLIC MONEYS OF THE SCHOOL DISTRICT 2026-05-11 (Resolution)

Wells Fargo Bank's other public contracts

More Solon City Schools contracts

Questions about this contract

Who was awarded the financial services contract by Solon City Schools?

Wells Fargo Bank was awarded this financial services contract by Solon City Schools, as recorded on May 11, 2026. The contract value is Up to $100,000,000 (interim deposits).

How much is the Wells Fargo Bank contract with Solon City Schools worth?

The Wells Fargo Bank contract with Solon City Schools is valued at Up to $100,000,000 (interim deposits), 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 Solon City School District Resolution A RESOLUTION DESIGNATING DEPOSITORIES OF PUBLIC MONEYS OF THE SCHOOL DISTRICT 2026-05-11 (Resolution), dated May 11, 2026 from Solon City Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Wells Fargo Bank hold?

Wells Fargo Bank 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 Solon City Schools currently buying?

Explore Solon City Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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