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Frazier SD Awards $2,500,000 Tax Anticipation Note Contract to Somerset Trust (June 2025)

Frazier SD
Disclosed value
$2,500,000.00
From minutes
Approved
Jun 23, 2025

The 30-second brief

What it covers

Somerset Trust Company approved for $2,500,000 Tax Anticipation Note at 5.275% interest rate. Aims to manage short-term cash flow needs.

Who holds it

Somerset Trust holds this tax anticipation note contract with Frazier SD. Its other public contracts on record include work for Conemaugh Township Municipal Authority and Borough of Berlin.

See who signed off on this $2.5M contract.

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Contract details

Contract type
Tax Anticipation Note
Amount
$2,500,000.00
Document date
June 23, 2025
Term
NA
Vendor
Somerset Trust
Agency
Frazier SD
Source document
frazier-sd-board-meeting-minutes-june-23-2025_d25.pdf (Minutes)

Somerset Trust's other public contracts

Conemaugh Township Municipal Authority, PennsylvaniaAuthority Approves Six-Month CD With Somerset Trust · Aug 17, 2026UndisclosedBorough of Berlin, PennsylvaniaBerlin invests $2.5M in Somerset Trust CD · Jul 9, 2026$2.5MIntermediate Unit 1, PennsylvaniaSomerset Trust Proposed as IU1 Depository Bank · Jun 24, 2026UndisclosedBerlin Borough Municipal (Water) Authority, PennsylvaniaSomerset Trust Certificate of Deposit Renewed · Jun 10, 2026$323.8KTussey Mountain SD, PennsylvaniaSomerset Trust Approved as District Depository · Jun 8, 2026UndisclosedAll Somerset Trust contractsVendor profile

More Frazier SD contracts

Ab SpecialtiesHigh School Window Change Order Goes to AB Specialties · Sep 28, 2026$15.9KThomas Proturf IncStadium Field Maintenance Proposal Pending ProTurf Grant Award · Sep 28, 2026Penn Highlands Connellsville Regional Center for AutismFrazier Plans Autism Education Services Agreement · Sep 28, 2026$77.8KTodora, AmandaFrazier Plans Student Transportation Contract with Todora · Sep 28, 2026$8.70/dayAllegheny RefrigerationAllegheny Refrigeration Change Order Set for Cafeteria · Sep 28, 2026$1.8KAll Frazier SD activityAgency profile

Questions about this contract

Who was awarded the tax anticipation note contract by Frazier SD?

Somerset Trust was awarded this tax anticipation note contract by Frazier SD, as recorded on June 23, 2025. The contract value is $2,500,000.00.

How much is the Somerset Trust contract with Frazier SD worth?

The Somerset Trust contract with Frazier SD is valued at $2,500,000.00, covering tax anticipation note work.

What type of contract is this?

This is a Tax Anticipation Note contract, documented as a minutes record.

Where was this contract approved?

This contract appears in frazier-sd-board-meeting-minutes-june-23-2025_d25.pdf (Minutes), dated June 23, 2025 from Frazier SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Somerset Trust hold?

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

What is Frazier SD currently buying?

Explore Frazier SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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