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Aurora renews $10M line of credit with Old Second

City of Aurora city logoCity of Aurora city
Disclosed value
$10,000,000
From agenda
Document date
Aug 26, 2025
Term
1 year

The 30-second brief

What it covers

Renewal of the Line of Credit (LOC) in the amount of $10 million with Old Second National Bank for a one-year term expiring on June 30, 2026.

Who holds it

Old Second National holds this financial contract with City of Aurora city. Its other public contracts on record include work for Coal City CUSD 1 and Town of Aurora.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Financial
Amount
$10,000,000
Document date
August 26, 2025
Term
1 year
Vendor
Old Second National
Agency
City of Aurora city
Source document
city-of-aurora-city-council-meeting-agenda-august-26-2025_d98.pdf (Agenda)

Old Second National's other public contracts

Coal City CUSD 1, IllinoisOld Second National Bank awarded $281,300.34 banking services contract · Sep 29, 2025$281.3KTown of Aurora, Illinois$10M Line of Credit renewed with Old Second · Sep 9, 2025$10MTown of Aurora, IllinoisBank provides $10M line of credit · Sep 9, 2025$10 millionTown of Aurora, IllinoisOld Second National Bank LOC renewal approved · Aug 19, 2025$10MTown of Aurora, North CarolinaAurora renews $10M line of credit with bank · Aug 14, 2025$10 millionAll Old Second National contractsVendor profile

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Questions about this contract

Who was awarded the financial contract by City of Aurora city?

Old Second National was awarded this financial contract by City of Aurora city, as recorded on August 26, 2025. The contract value is $10,000,000.

How much is the Old Second National contract with City of Aurora city worth?

The Old Second National contract with City of Aurora city is valued at $10,000,000, covering financial work.

What type of contract is this?

This is a Financial contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-aurora-city-council-meeting-agenda-august-26-2025_d98.pdf (Agenda), dated August 26, 2025 from City of Aurora city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Old Second National hold?

Old Second National 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 City of Aurora city currently buying?

Explore City of Aurora city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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