CONTRACTAMENDED

Volusia Schools Amend Series 2025A Financing with Webster Bank

Volusia County School District logoVolusia County School District
Disclosed value
$33,081,000.00 (including $33,000,000.00 project funds and $81,000.00 costs of issuance)
From resolution
Document date
Feb 10, 2026

The 30-second brief

What it covers

Volusia County Schools amends its Series 2025A lease-purchase financing held entirely by Webster Bank, National Association to substitute roughly $21 million of Pine Ridge High School expansion funding for various districtwide capital projects while maintaining a $33 million project budget and $81,000 of issuance costs. The amendment is effected through changes to the Series 2025A Ground Lease, Lease Schedule, and Supplemental Trust Agreement dated February 10, 2026, with Webster Bank’s written consent.

Who holds it

Webster Bank National Association holds this financial services contract with Volusia County School District. Its other public contracts on record include work for Wayne Local Schools and Patchogue-Medford Union Free School District.

What happens next

Term as filed: Series 2025A Certificate of Participation; project scheduled to open Fall 2027; original trust dated May 1, 2025 and amended February 10, 2026.

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Contract details

Contract type
Financial Services
Amount
$33,081,000.00 (including $33,000,000.00 project funds and $81,000.00 costs of issuance)
Document date
February 10, 2026
Term
Series 2025A Certificate of Participation; project scheduled to open Fall 2027; original trust dated May 1, 2025 and amended February 10, 2026
Source document
Volusia School Board Leasing Corporation Resolution 2026-04LC 2026-02-10 (Resolution)

Webster Bank National Association's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Volusia County School District?

Webster Bank National Association was awarded this financial services contract by Volusia County School District, as recorded on February 10, 2026. The contract value is $33,081,000.00 (including $33,000,000.00 project funds and $81,000.00 costs of issuance).

How much is the Webster Bank National Association contract with Volusia County School District worth?

The Webster Bank National Association contract with Volusia County School District is valued at $33,081,000.00 (including $33,000,000.00 project funds and $81,000.00 costs of issuance), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Volusia School Board Leasing Corporation Resolution 2026-04LC 2026-02-10 (Resolution), dated February 10, 2026 from Volusia County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Webster Bank National Association hold?

Webster Bank 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 Volusia County School District currently buying?

Explore Volusia County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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