Beaumont

City Council

September 05, 2023 Order of Business J #3

Agenda Item 3

J.3 Authorize City Manager to Proceed with the Execution and Delivery of Agreement of\nReplacement, Appointment and Acceptance for the Purpose of Transferring Bond\nTrustee Powers from Wilmington Trust, National Association to Zions Bank Corporate\nTrust\nPage 5 of 7\nThis item will allow the City Manager to proceed with the process for removal,\nappointment and acceptance of the current Trustee, Wilmington Trust, National\nAssociation to Zions Bank Corporate Trust.\nRecommended Action:\nAuthorize City Manager to proceed with execution and delivery of agreement of\nreplacement, appointment, and acceptance for the purpose of transferring bond\ntrustee powers from Wilmington Trust, National Association to Zions Bank Corporate\nTrust.