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FINANCIAL_SERVICESRECOMMENDED

City of Geneseo Regular Council Meeting Agenda May 2026

Revolving Loan Fund Assistance for DeSplinter Electric

$50,000Town of GeneseoDESPLINTER ELECTRIC INCMay 12, 2026

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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

Description

The City of Geneseo council will consider Resolution R-26-13 to approve a $50,000 Revolving Loan Fund loan to DeSplinter Electric Inc. This financing would support the company under the city’s economic development loan program.

Contract Details

Contract Amount

$50,000

Vendor

DESPLINTER ELECTRIC INC

Agency

Town of Geneseo, IL

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

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