Port of Greater Cincinnati Development Authority Board Minutes August 2013
Port amends 12th & Vine bonds held by PNC Bank
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Description
The Board approved Resolution 2013-12 to amend the 2011 Bank Qualified Facilities Revenue Bonds for the 12th and Vine parking lot, allowing a longer fixed interest rate period. PNC Bank will continue to hold the $820,000 bond issue under amended trust, purchase, and loan agreements.
Contract Details
Contract Amount
$820,000 outstanding bond issue (no change in principal amount stated)
Vendor
PNC BANK
Agency
Port Of Greater Cincinnati Development Authority, OH
Contract Type
FINANCIAL_SERVICES
Document Date
April 17, 2026
Contract Term
Original fixed rate 2011–2016; extended fixed-rate period beyond 2016 (exact end date not stated)
Renewal Info
Omnibus Amendment supplements the existing Trust Indenture and amends the Bond Purchase Agreement and Loan Agreement to revise interest rate terms while maintaining the outstanding principal and overall structure.
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APPROVEDIssuing Agency
Port Of Greater Cincinnati Development Authority
Special District
Cincinnati, OH
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