FINANCIAL_SERVICESPENDING

County Poised to Guarantee $59.99M Refunding Bonds

Erie County Council will consider Ordinance 59-2026 to back the Erie County Convention Center Authority’s issuance of up to $59,990,000 in Convention Center Hotel Revenue Refunding Bonds. The County would enter a Refunding Guaranty Agreement, pledging its full faith and credit to secure lower-cost refinancing of existing hotel and garage debt through 2044.

Status
PENDING
Document date
July 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Erie County Convention Center Authority
Agency
Erie County · PA

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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
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
Maximum aggregate principal amount $59,990,000 (Refunding Bonds)
Contract type
FINANCIAL_SERVICES
Contract term
Bonds maturing 2026–2044
Renewal date
2044-12-31
Renewal
This is a long-term guaranty on refunding bonds with final maturities in 2044; no renewal is contemplated, but the guaranty remains in force until all Refunding Bonds are paid.
Document type
AgendaPacket
Source document
Erie County Council Finance Committee Agenda Packet 2026-07-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Erie County?

Erie County Convention Center Authority was awarded this financial services contract by Erie County, as recorded on July 16, 2026. The contract value is Maximum aggregate principal amount $59,990,000 (Refunding Bonds).

How much is the Erie County Convention Center Authority contract with Erie County worth?

The Erie County Convention Center Authority contract with Erie County is valued at Maximum aggregate principal amount $59,990,000 (Refunding Bonds), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Erie County Council Finance Committee Agenda Packet 2026-07-16 (AgendaPacket), dated July 16, 2026 from Erie County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Erie County Convention Center Authority hold?

Erie County Convention Center Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Erie County Convention Center Authority's profile

What is Erie County currently buying?

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

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