CONTRACTRECOMMENDED

Charlotte Stormwater Note Names PNC Bank Lender

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
$110,000,000
From staffreport
Document date
Aug 4, 2026
Term
3 years plus a 3-year term-out period
Renews
Free account

The 30-second brief

What it covers

The Local Government Commission considered Charlotte's $110 million stormwater Bond Anticipation Note financing with PNC Bank, NA. The facility will fund stormwater projects and issuance costs through a three-year initial period and three-year term-out period.

Who holds it

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

What happens next

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Contract details

Contract type
Financial Services
Amount
$110,000,000
Document date
August 4, 2026
Term
3 years plus a 3-year term-out period
Renews
On record
Source document
North Carolina Department of State Treasurer StaffReport LGC Meeting Staff Analyses and Action Items 2026-08-04 (StaffReport)

Pnc Bank NA's other public contracts

More North Carolina Department of State Treasurer | State of North Carolina contracts

Questions about this contract

Who was awarded the financial services contract by North Carolina Department of State Treasurer | State of North Carolina?

Pnc Bank NA was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on August 4, 2026. The contract value is $110,000,000.

How much is the Pnc Bank NA contract with North Carolina Department of State Treasurer | State of North Carolina worth?

The Pnc Bank NA contract with North Carolina Department of State Treasurer | State of North Carolina is valued at $110,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in North Carolina Department of State Treasurer StaffReport LGC Meeting Staff Analyses and Action Items 2026-08-04 (StaffReport), dated August 4, 2026 from North Carolina Department of State Treasurer | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is North Carolina Department of State Treasurer | State of North Carolina currently buying?

Explore North Carolina Department of State Treasurer | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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