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Byron authorized to borrow $2.8 million bonds

Town of Byron
Disclosed value
$2,800,000
From meeting minutes
Document date
Oct 16, 2024
Term
20/25 year

The 30-second brief

What it covers

The committee discussed the pros and cons of a 20 vs. 25-year debt service and noted that the difference in annual payment is approximately $210,000 for 20-year and $190,000 for 25-year. We are authorized to borrow $2,800,000.

Who holds it

Bernardi Securities holds this bonds contract with Town of Byron. Its other public contracts on record include work for City of Effingham city and Channahon Police Department.

What happens next

Term as filed: 20/25 year.

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Contract details

Contract type
Bonds
Amount
$2,800,000
Document date
October 16, 2024
Term
20/25 year
Vendor
Bernardi Securities
Agency
Town of Byron
Source document
town-of-byron-meeting-minutes-2024-10-16_d7b.pdf (Meeting Minutes)

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Questions about this contract

Who was awarded the bonds contract by Town of Byron?

Bernardi Securities was awarded this bonds contract by Town of Byron, as recorded on October 16, 2024. The contract value is $2,800,000.

How much is the Bernardi Securities contract with Town of Byron worth?

The Bernardi Securities contract with Town of Byron is valued at $2,800,000, covering bonds work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-byron-meeting-minutes-2024-10-16_d7b.pdf (Meeting Minutes), dated October 16, 2024 from Town of Byron. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bernardi Securities hold?

Bernardi Securities 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 Byron currently buying?

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

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