College Township Water Authority Regular Meeting Agenda Packet March 2026
FCCB Bank Recommended for Water Revenue Note Financing
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Description
FCCB Bank was recommended for award of the CTWA Water Revenue Note Series of 2026 financing after submitting the most favorable proposal in a multi-bank solicitation process.
Contract Details
Vendor
FCCB BANK
Agency
College Township Water Authority, PA
Contract Type
FINANCIAL_SERVICES
Document Date
March 18, 2026
Contract Term
7 years fixed at 4.50%, then variable to 5.35% cap, amortized to 2051
Renewal Date
2051-01-01
Renewal Info
7-year fixed, then variable with cap; full term through 2051.
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