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Authority Considers Peoples Security Tax Financing

Luzerne County Redevelopment Authority
Document date
Sep 15, 2026
Renews
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The 30-second brief

What it covers

The Authority is considering Peoples Security Bank & Trust Company as a lender for its planned purchase of Wyoming Area School District tax claims. Any borrowing would proceed only under terms approved by the Authority's Chairman and legal counsel.

Who holds it

Peoples Security Bank & Trust Company holds this financial services contract with Luzerne County Redevelopment Authority. Its other public contracts on record include work for Northeastern Educational IU 19 and Allentown Neighborhood Improvement Zone Development Authority.

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Contract details

Contract type
Financial Services
Document date
September 15, 2026
Term
Financing for the purchase of 2027, 2028, and 2029 tax claims
Renews
On record
Vendor
Peoples Security Bank & Trust Company
Agency
Luzerne County Redevelopment Authority
Source document
Redevelopment Authority of Luzerne County Agenda Regular Meeting September 15, 2026 (Agenda)

Peoples Security Bank & Trust Company's other public contracts

Northeastern Educational IU 19, PennsylvaniaNEIU 19 Continues Depository Relationship With Peoples Security Bank · Sep 30, 2026UndisclosedLuzerne County Redevelopment Authority, PennsylvaniaAuthority Considers Peoples Security Pittston Financing · Sep 15, 2026UndisclosedLuzerne County Redevelopment Authority, PennsylvaniaPeoples Security Bank Financing Considered for Tax Claims · Sep 15, 2026UndisclosedAllentown Neighborhood Improvement Zone Development Authority, PennsylvaniaAuthority Authorizes $5.85 Million Bank Debt Paydown · Jun 3, 2026Hazleton Area Career Center, PennsylvaniaPeoples Security Bank & Trust Co. Named Depository · May 14, 2026Undisclosed

More Luzerne County Redevelopment Authority contracts

Rite TempRite Temp Scheduled to Install Rooftop Replacement Unit · Oct 20, 2026UndisclosedR.J. CormanCounty Rejects R.J. Corman Railroad Holdings Award · Sep 29, 2026$8.2MPeoples Security Bank & Trust CompanyAuthority Considers Peoples Security Pittston Financing · Sep 15, 2026UndisclosedPeoples Security Bank & Trust CompanyPeoples Security Bank Financing Considered for Tax Claims · Sep 15, 2026UndisclosedHughestown BoroughAuthority Discusses Hughestown Railroad Maintenance MOU · Sep 15, 2026UndisclosedAll Luzerne County Redevelopment Authority activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Luzerne County Redevelopment Authority?

Peoples Security Bank & Trust Company was awarded this financial services contract by Luzerne County Redevelopment Authority, as recorded on September 15, 2026.

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 Redevelopment Authority of Luzerne County Agenda Regular Meeting September 15, 2026 (Agenda), dated September 15, 2026 from Luzerne County Redevelopment Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What is Luzerne County Redevelopment Authority currently buying?

Explore Luzerne County Redevelopment Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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