District Reviews Colotrust Investment Strategy for Reserves

The South Durango Sanitation District Board reviewed investment options for reserve funds currently held with Colotrust and authorized reallocating about $1 million into higher-yield CDs if rates are favorable. Colotrust continues to serve as the District’s investment vehicle for reserve funds.

Document date · May 21, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Existing investment relationship with Colotrust continues; potential reallocation of approximately $1 million into CDs based on future rate comparison.

Document type

Minutes

Source document

South Durango Sanitation District Minutes 2026-05-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by South Durango Sanitation District?

COLOTRUST was awarded this financial services contract by South Durango Sanitation District, as recorded on May 21, 2026.

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 South Durango Sanitation District Minutes 2026-05-21 (Minutes), dated May 21, 2026 from South Durango Sanitation District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does COLOTRUST hold?

COLOTRUST 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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