Loanapproved

Magnolia village Awards $107,837 Loan Contract to Bank of Magnolia (June 2025)

The council approved a 10-year, 6% loan with the Bank of Magnolia for the sidewalk project totaling $107,837.02.

Status
approved
Document date
June 18, 2025
Contract type
Loan
Vendor
Bank of Magnolia
Agency
Magnolia village · IL

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

Scope & details

The full contract record, as filed.

Contract amount
$107,837.02
Contract type
Loan
Contract term
10 years
Document type
Minutes
Source document
magnolia-village-council-meeting-minutes-june-18-2025_3d8.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the loan contract by Magnolia village?

Bank of Magnolia was awarded this loan contract by Magnolia village, as recorded on June 18, 2025. The contract value is $107,837.02.

How much is the Bank of Magnolia contract with Magnolia village worth?

The Bank of Magnolia contract with Magnolia village is valued at $107,837.02, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in magnolia-village-council-meeting-minutes-june-18-2025_3d8.pdf (Minutes), dated June 18, 2025 from Magnolia village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Magnolia hold?

Bank of Magnolia may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Bank of Magnolia's profile

What is Magnolia village currently buying?

Explore Magnolia village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Magnolia village's profile

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