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

Magnolia village
Disclosed value
$107,837.02
From minutes
Approved
Jun 18, 2025
Term
10 years

The 30-second brief

What it covers

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

Who holds it

Bank of Magnolia holds this loan contract with Magnolia village. Its other public contracts on record include work for Canton Local Schools.

What happens next

Term as filed: 10 years.

See who signed off on this $107.8K contract.

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Contract details

Contract type
Loan
Amount
$107,837.02
Document date
June 18, 2025
Term
10 years
Vendor
Bank of Magnolia
Agency
Magnolia village
Source document
magnolia-village-council-meeting-minutes-june-18-2025_3d8.pdf (Minutes)

Bank of Magnolia's other public contracts

Magnolia village, IllinoisBank of Magnolia Offers Potential Village Project Loan · Aug 19, 2026UndisclosedMagnolia village, IllinoisVillage to Use Bank of Magnolia Shred Event · Apr 15, 2026UndisclosedCanton Local Schools, OhioBank of Magnolia depository agreement approved for 2026 · Nov 10, 2025UndisclosedMagnolia village, IllinoisVillage Approves Sidewalk Loan With Bank of Magnolia · Jun 18, 2025Canton Local Schools, OhioBoard Approves 2025 Depository Agreement with Bank of Magnolia · Nov 18, 2024UndisclosedAll Bank of Magnolia contractsVendor profile

More Magnolia village contracts

QUADQuad to Pay for Magnolia Pavilion Roof Repairs · Aug 19, 2026UndisclosedJ&s Tree ServiceMagnolia Considers J&S Tree Service Trimming · Aug 19, 2026UndisclosedRock, DaveDave Rock Makes Temporary Pavilion Roof Repair · Aug 19, 2026UndisclosedSpencer ElectricSpencer Electric Upgrades Magnolia Electrical Infrastructure · Aug 19, 2026UndisclosedMilhoan PavingMagnolia Follows Up on Delayed Milhoan Paving Work · Aug 19, 2026UndisclosedAll Magnolia village activityAgency profile

Questions about this contract

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.

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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.

What is Magnolia village currently buying?

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

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