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City to retire PNC Bank loans by June 2026

City of Laurel
Document date
Jun 8, 2026
Term
To be paid off by June 30, 2026

The 30-second brief

What it covers

The City of Laurel currently holds two bank loans with PNC Bank, N.A. and plans to fully pay them off by June 30, 2026 under Ordinance No. 2056. The payoff will use FY2026 revenues, expenditure savings, and unassigned fund balance to retire existing debt.

Who holds it

Pnc Bank NA holds this financial services contract with City of Laurel. Its other public contracts on record include work for Ohio Housing Finance Agency | State of Ohio and PA-State-Turnpike Commission.

What happens next

Term as filed: To be paid off by June 30, 2026.

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Contract details

Contract type
Financial Services
Document date
June 8, 2026
Term
To be paid off by June 30, 2026
Vendor
Pnc Bank NA
Agency
City of Laurel
Source document
Mayor and City Council of Laurel Agenda Packet 2026-06-08 (AgendaPacket)

Pnc Bank NA's other public contracts

Ohio Housing Finance Agency | State of Ohio, OhioPNC Bank Identified as Ashland Manor LIHTC Investor · Oct 15, 2026UndisclosedOhio Housing Finance Agency | State of Ohio, OhioPNC Bank Named Ashland Manor LIHTC Investor · Oct 15, 2026UndisclosedPA-State-Turnpike Commission, PennsylvaniaPennsylvania Turnpike Commission Agenda Formal Meeting September 15, 2026 · Sep 15, 2026PA-State-Turnpike Commission, PennsylvaniaTurnpike Approves $200 Million PNC Credit Line · Sep 15, 2026North Carolina Department of State Treasurer | State of North Carolina, North CarolinaPNC Bank to Fund Forsyth County Interim Financing · Sep 1, 2026$26.9MAll Pnc Bank NA contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Laurel?

Pnc Bank NA was awarded this financial services contract by City of Laurel, as recorded on June 8, 2026.

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 Mayor and City Council of Laurel Agenda Packet 2026-06-08 (AgendaPacket), dated June 8, 2026 from City of Laurel. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pnc Bank NA hold?

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

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