Centre County Board of Commissioners Minutes 2026-06-16
County Approves $10M Loan With Juniata Valley Bank
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Description
The Centre County Board of Commissioners adopted Ordinance 1 of 2026 authorizing a general obligation note of up to $10,000,000 financed through Juniata Valley Bank at a fixed 4.73% rate. The loan will fund 2026 capital projects, including the Public Safety Training Center, with a draw-down feature and a scheduled closing on July 23, 2026.
Contract Details
Contract Amount
Maximum principal amount of $10,000,000
Vendor
JUNIATA VALLEY BANK
Agency
Centre County Airport Authority, PA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
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