Title
Principal Bank
Description
For $130,000.00 in payment authority from Feb. 22, 2022, through Feb. 21, 2027, for custodian services for the Medical Expense Reimbursement Plan Trust Fund and the Long-Term Disability Trust Fund and Risk Management Self Insurance Trust Fund for the Finance Department. The custody service will provide the setup and maintain separate custody platforms for each trust fund, and will include safeguarding investments, short-term investment of un-invested cash, clearing of transactions and other services deemed necessary for the proper and efficient handling of the assets of each trust fund. The services will be paid from the applicable trust funds for each contract.