CONTRACTDISCUSSED

Port Authority Discusses Proposed Peoples Bank Loan

Lancaster Port Authority
Disclosed value
$5,000,000
From minutes
Document date
Aug 11, 2026
Term
10-year

The 30-second brief

What it covers

The Lancaster Port Authority discussed a potential 10-year, $5 million loan from Peoples Bank for its speculative development. Staff will compare the borrowing cost with self-funding before any financing decision.

Who holds it

Peoples Bank holds this financial services contract with Lancaster Port Authority. Its other public contracts on record include work for Town of Longmeadow and Waynesville village.

What happens next

Term as filed: 10-year.

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Contract details

Contract type
Financial Services
Amount
$5,000,000
Document date
August 11, 2026
Term
10-year
Source document
Lancaster Port Authority Minutes August 11, 2026 Meeting (Minutes)

Peoples Bank's other public contracts

More Lancaster Port Authority contracts

Questions about this contract

Who was awarded the financial services contract by Lancaster Port Authority?

Peoples Bank was awarded this financial services contract by Lancaster Port Authority, as recorded on August 11, 2026. The contract value is $5,000,000.

How much is the Peoples Bank contract with Lancaster Port Authority worth?

The Peoples Bank contract with Lancaster Port Authority is valued at $5,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Lancaster Port Authority Minutes August 11, 2026 Meeting (Minutes), dated August 11, 2026 from Lancaster Port Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Peoples Bank hold?

Peoples 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 Lancaster Port Authority currently buying?

Explore Lancaster Port Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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