Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Crockett council replaces paying agent for 2019 USDA bonds to cut annual fees
City Council of Crockett, Texas · November 19, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Council approved transferring paying-agent services for the city's 2019 USDA revenue bonds from Wilmington Trust (which charged annual fees) to BOKF/Bank of Texas for a one-time $500 fee, reducing ongoing costs.
The City of Crockett approved a resolution to replace the paying agent for its 2019 USDA revenue bonds, a move staff said will lower annual fees.
City staff explained Wilmington Trust had served as paying agent and charged annual fees of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
