CONTRACTAPPROVED

City of Valley Awards Financial Services Contract to Umb Bank Na West Des Moines Iowa (February 2022)

City of Valley logoCity of Valley
Approved
Feb 8, 2022

The 30-second brief

What it covers

The City of Valley, Nebraska entered into an Escrow Agreement with UMB Bank, NA of West Des Moines, Iowa to administer escrow funds for the redemption of its 2017 General Obligation Various Purpose Refunding Bonds. UMB will act as Escrow Agent to ensure payment of principal and interest on the Refunded Bonds through the June 15, 2022 redemption date.

Who holds it

Umb Bank Na West Des Moines Iowa holds this financial services contract with City of Valley. Its other public contracts on record include work for City of Manchester and Pekin Community School District.

What happens next

Term as filed: Escrow Agreement dated March 24, 2022; escrow runs until Redemption Date June 15, 2022.

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Contract details

Contract type
Financial Services
Document date
February 8, 2022
Term
Escrow Agreement dated March 24, 2022; escrow runs until Redemption Date June 15, 2022
Source document
city_of_valley_ne_general_obligation_refunding_bon.pdf (Agreement)

Umb Bank Na West Des Moines Iowa's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Valley?

Umb Bank Na West Des Moines Iowa was awarded this financial services contract by City of Valley, as recorded on February 8, 2022.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_valley_ne_general_obligation_refunding_bon.pdf (Agreement), dated February 8, 2022 from City of Valley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Umb Bank Na West Des Moines Iowa hold?

Umb Bank Na West Des Moines Iowa 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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