Crestwood SD Awards Financial Services Contract to Luzerne County Redevelopment Authority (January 2025)
Crestwood SDSchool · Mountain Top, PA- Disclosed value
- Estimated amount not to exceed that fiscal year's real estate tax settlement amount
- From resolution
- Approved
- Jan 1, 2025
The 30-second brief
The Crestwood School District Board approved entering into a Purchase and Sales Agreement with the Luzerne County Redevelopment Authority to sell its 2025 Tax Claims in exchange for an amount not exceeding that fiscal year's real estate tax settlement. The agreement includes a mandatory repurchase obligation and allows subsequent assignment of the claims to LCRA's lender.
Luzerne County Redevelopment Authority holds this financial services contract with Crestwood SD. Its other public contracts on record include work for The Pennsylvania Turnpike Commission.
Term as filed: For 2025 Tax Claims (outstanding taxes secured by real estate tax claims for fiscal years ending June 30, 2025).
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- Estimated amount not to exceed that fiscal year's real estate tax settlement amount
- Document date
- January 1, 2025
- Term
- For 2025 Tax Claims (outstanding taxes secured by real estate tax claims for fiscal years ending June 30, 2025)
- Agency
- Crestwood SD
- Source document
- crestwood-sd-resolution-2024-25-01-on-tax-claim-sales_c09.pdf (Resolution)
Luzerne County Redevelopment Authority's other public contracts
More Crestwood SD contracts
Questions about this contract
Who was awarded the financial services contract by Crestwood SD?
Luzerne County Redevelopment Authority was awarded this financial services contract by Crestwood SD, as recorded on January 1, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in crestwood-sd-resolution-2024-25-01-on-tax-claim-sales_c09.pdf (Resolution), dated January 1, 2025 from Crestwood SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Luzerne County Redevelopment Authority hold?
Luzerne County Redevelopment 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.
Show 1 more question
What is Crestwood SD currently buying?
Explore Crestwood SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.