FINANCIAL_SERVICESONGOING

Authority still repaying 2015 CNB revenue note

College Township Water Authority continues to service its Water Revenue Note, Series of 2015 with CNB Bank, originally issued for $10 million to refund earlier bonds and fund water system projects. After partial refinancing via the 2022 note, $3.32 million remained outstanding at the end of 2025.

Status
ONGOING
Document date
August 5, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Cnb Bank
Agency
College Township Water Authority · PA

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$10,000,000 (Water Revenue Note, Series of 2015)
Contract type
FINANCIAL_SERVICES
Contract term
240-month term with rate resets; amortization schedule shown through 2034
Renewal date
2034-12-31
Renewal
Interest rate reset occurred in December 2021 in line with the loan agreement; debt amortizes per the published schedule with no separate renewal option noted.
Document type
Agenda
Source document
College Township Water Authority Regular Meeting Agenda 2026-08-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by College Township Water Authority?

Cnb Bank was awarded this financial services contract by College Township Water Authority, as recorded on August 5, 2026. The contract value is $10,000,000 (Water Revenue Note, Series of 2015).

How much is the Cnb Bank contract with College Township Water Authority worth?

The Cnb Bank contract with College Township Water Authority is valued at $10,000,000 (Water Revenue Note, Series of 2015), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in College Township Water Authority Regular Meeting Agenda 2026-08-05 (Agenda), dated August 5, 2026 from College Township Water Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cnb Bank hold?

Cnb Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is College Township Water Authority currently buying?

Explore College Township Water Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View College Township Water Authority's profile

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