PROJECTCONTRACT AWARD

OPEB bond escrow agreement

San Jose-Evergreen Community College District
Detected
Oct 13, 2026
21 days ago
Sector
Administration & Finance
Est. value
Free account
Detected 21 days agoOct 13

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From the meeting

On February 1, 2027, the district executed an escrow agreement for the defeasance of its Taxable OPEB (Other Post-Employment Benefit) Bonds, Series B. S. Bank Trust Company, National Association was named Escrow Agent for the refunding escrow tied to $47,450,000 of prior bonds, with $45,420,000 noted as currently outstanding principal.

This is a signed finance agreement rather than an open procurement. It provides incumbent intelligence on the district's selected escrow and trustee partner for bond refunding work.

Meeting date
October 13, 2026
Agency
San Jose-Evergreen Community College District

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