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FINANCIAL_SERVICESAPPROVED

Lincoln Park District Board Meeting Minutes March 2026

Board Reinvests $250K CD with Tremont Bank

$250,000.00Lincoln Park DistrictTREMONT BANKMarch 11, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Lincoln Park District Board authorized reinvestment of $250,000 into a new 7‑month certificate of deposit at Tremont Bank when the current CD matures on March 13, 2026. The Board also directed that the accrued interest be used to offset FY 2024 audit expenses.

Contract Details

Contract Amount

$250,000.00

Vendor

TREMONT BANK

Agency

Lincoln Park District, IL

Contract Type

FINANCIAL_SERVICES

Document Date

March 11, 2026

Contract Term

7-month Certificate of Deposit starting March 13, 2026

Renewal Date

2026-10-13

Renewal Info

Existing certificate of deposit at Tremont Bank maturing March 13, 2026 will be rolled into a new 7‑month CD for $250,000.

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