Authority still repaying 2015 CNB revenue note
College Township Water AuthorityUtility District · State College, PA- Disclosed value
- $10,000,000 (Water Revenue Note, Series of 2015)
- From agenda
- Document date
- Aug 5, 2026
- Renews
- Free account
The 30-second brief
College Township Water Authority continues to service its Water Revenue Note, Series of 2015 with CNB Bank, originally issued for $10 million to refund earlier bonds and fund water system projects. After partial refinancing via the 2022 note, $3.32 million remained outstanding at the end of 2025.
Cnb Bank holds this financial services contract with College Township Water Authority. Its other public contracts on record include work for Southeast New Mexico College and Town of Bath (Berkeley Springs).
The renewal date is on record. A free account shows it, with the renewals for every College Township Water Authority contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $10,000,000 (Water Revenue Note, Series of 2015)
- Document date
- August 5, 2026
- Term
- 240-month term with rate resets; amortization schedule shown through 2034
- Renews
- Free account
- Vendor
- Cnb Bank
- Source document
- College Township Water Authority Regular Meeting Agenda 2026-08-05 (Agenda)
Cnb Bank's other public contracts
More College Township Water Authority contracts
Questions about this contract
Who was awarded the financial services contract by College Township Water Authority?
Cnb Bank was awarded this financial services contract by College Township Water Authority, as recorded on August 5, 2026. The contract value is $10,000,000 (Water Revenue Note, Series of 2015).
How much is the Cnb Bank contract with College Township Water Authority worth?
The Cnb Bank contract with College Township Water Authority is valued at $10,000,000 (Water Revenue Note, Series of 2015), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in College Township Water Authority Regular Meeting Agenda 2026-08-05 (Agenda), dated August 5, 2026 from College Township Water Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cnb Bank hold?
Cnb Bank 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 College Township Water Authority currently buying?
Explore College Township Water Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.