Park Forest village (pt.) Awards Financial Services Contract to City of Oak Forest (April 2026)
Park Forest village (pt.)City · Park Forest, IL- Disclosed value
- $1,500,000 bond (original issuance); $255,197.00 settlement received on behalf of pool
- From agendapacket
- Approved
- Apr 6, 2026
The 30-second brief
Oak Forest, a $1.5 million borrower in the 2013 SSMMA bond pool, has received $255,197.00 in settlement proceeds from the Edelweiss vs JPMorgan litigation. The city will distribute these funds to pool members, including Park Forest, based on each entity’s share of the original borrowing.
City of Oak Forest holds this financial services contract with Park Forest village (pt.). Its other public contracts on record include work for Orland Fire Protection District and Oak Forest Park District.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,500,000 bond (original issuance); $255,197.00 settlement received on behalf of pool
- Document date
- April 6, 2026
- Vendor
- City of Oak Forest
- Source document
- Village of Park Forest Regular Meeting Agenda Packet April 2026 (AgendaPacket)
City of Oak Forest's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Park Forest village (pt.)?
City of Oak Forest was awarded this financial services contract by Park Forest village (pt.), as recorded on April 6, 2026. The contract value is $1,500,000 bond (original issuance); $255,197.00 settlement received on behalf of pool.
How much is the City of Oak Forest contract with Park Forest village (pt.) worth?
The City of Oak Forest contract with Park Forest village (pt.) is valued at $1,500,000 bond (original issuance); $255,197.00 settlement received on behalf of pool, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Village of Park Forest Regular Meeting Agenda Packet April 2026 (AgendaPacket), dated April 6, 2026 from Park Forest village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Oak Forest hold?
City of Oak Forest 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 Park Forest village (pt.) currently buying?
Explore Park Forest village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.