CONTRACTAPPROVED

Town of Horicon Awards $1,500,000 Loan Contract to Board of Commissioners (October 2024)

Town of Horicon logoTown of Horicon
Disclosed value
$1,500,000
From meeting minutes
Approved
Oct 22, 2024
Term
10 years

The 30-second brief

What it covers

The City of Horicon authorized to obtain a loan of $1,500,000 through the Board of Commissioners of Public Lands State Trust Fund Program to replenish the general fund balance utilized for infrastructure improvements in TID #5. The loan is repayable within 10 years with a 5.25% interest rate.

Who holds it

Board of Commissioners holds this loan contract with Town of Horicon. Its other public contracts on record include work for Lee County and Town of Milan town.

What happens next

Term as filed: 10 years.

See who signed off on this $1.5M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Loan
Amount
$1,500,000
Document date
October 22, 2024
Term
10 years
Source document
horicon-meeting-minutes-2024-10-22-pdf_cfc.pdf (Meeting Minutes)

Board of Commissioners's other public contracts

More Town of Horicon contracts

Questions about this contract

Who was awarded the loan contract by Town of Horicon?

Board of Commissioners was awarded this loan contract by Town of Horicon, as recorded on October 22, 2024. The contract value is $1,500,000.

How much is the Board of Commissioners contract with Town of Horicon worth?

The Board of Commissioners contract with Town of Horicon is valued at $1,500,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in horicon-meeting-minutes-2024-10-22-pdf_cfc.pdf (Meeting Minutes), dated October 22, 2024 from Town of Horicon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Board of Commissioners hold?

Board of Commissioners 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 Town of Horicon currently buying?

Explore Town of Horicon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →