$600,000 Public Infrastructure Bond Awarded to Forest Park National Bank
Trusted by teams at
Description
The Village of River Forest awarded a $600,000 bond issuance to Forest Park National Bank at rates of 3.00% and 3.10% over two years. Proceeds will fund municipal infrastructure projects per ordinance adopted January 26, 2026. The bond closing will take place February 11, 2026.
Contract Details
Contract Amount
$600,000 (bonds principal)
Vendor
FOREST PARK NATIONAL BANK
Agency
River Forest village, IL
Contract Type
FINANCIAL_SERVICES
Document Date
January 26, 2026
Contract Term
February 11, 2026 – December 1, 2027 (maturity)
Renewal Date
2027-12-01
Renewal Info
No automatic renewal; bonds mature December 1, 2027. Prior issuance was with same bank but for prior years. New bond series.
More from FOREST PARK NATIONAL BANK
More from River Forest village
Village of River Forest Board of Trustees Minutes April 27 2026
Village of River Forest Board of Trustees Minutes April 27 2026
River Forest Firefighters' Pension Fund Board Meeting Agenda April 2026
River Forest Firefighters' Pension Fund Board Meeting Agenda April 2026
River Forest Firefighters' Pension Fund Board Meeting Agenda April 2026
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.