Civic IQ
FINANCIAL_SERVICESAPPROVED

City of Zeeland Common Council Minutes 2026-04-20

Council Approves Providence Life Services Bond Issuance

Not to exceed $80,000,000 (approximately $16,000,000 attributable to projects within the City)City of ZeelandILLINOIS FINANCE AUTHORITYApril 20, 2026

Trusted by teams at

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

Description

The City of Zeeland Council approved a resolution permitting the Illinois Finance Authority to issue up to $80 million in revenue bonds for Providence Life Services’ Royal Park Place/Royal Atrium Inn facilities, with about $16 million expected for projects within the City. The bonds will finance and refinance improvements such as elevator, parking, roofing, and air conditioning upgrades with no financial liability to the City.

Contract Details

Contract Amount

Not to exceed $80,000,000 (approximately $16,000,000 attributable to projects within the City)

Vendor

ILLINOIS FINANCE AUTHORITY

Agency

City of Zeeland, ND

Contract Type

FINANCIAL_SERVICES

Document Date

April 20, 2026

Bring us your territory.
We'll show you what is forming.

See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.

Try Civic IQ for free