Excelsior Fire District Agenda Packet 2026-05-27
Fire Board Rescinds PNC Financing for Engine 21
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Description
The Excelsior Fire District Board rescinded its prior authorization to contract with PNC bank for financing of the new Engine 21 after discovering discrepancies in the understood terms and interest rates. The Board will explore alternative financing options before entering into a new agreement.
Contract Details
Vendor
PNC BANK
Agency
Excelsior Fire District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 27, 2026
Renewal Info
Resolution 26-003 explicitly rescinds Resolution 26-002 and any authorization to contract with PNC bank for Engine 21 financing; no further term or renewal provisions remain in effect.
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