CONTRACTAPPROVED

City of Aurora Awards Financial Services Contract to Peoples Bank (August 2025)

City of Aurora
Approved
Aug 26, 2025
Term
10 year term at fixed 4.7% interest
Renews
Free account

The 30-second brief

What it covers

Aurora City Council approved Ordinance 2025-3354 to finance the City Hall restoration through Peoples Bank at a fixed 4.7% interest rate over 10 years. The financing follows a solicitation to local banks, with Peoples Bank providing the selected proposal.

Who holds it

Peoples Bank holds this financial services contract with City of Aurora. Its other public contracts on record include work for Frenship Independent School District and City of Hawarden.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Aurora contract.

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Contract details

Contract type
Financial Services
Document date
August 26, 2025
Term
10 year term at fixed 4.7% interest
Renews
Free account
Source document
city-of-aurora-council-meeting-minutes-august-26-2025_77e.pdf (Minutes)

Peoples Bank's other public contracts

More City of Aurora contracts

Questions about this contract

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

Peoples Bank was awarded this financial services contract by City of Aurora, as recorded on August 26, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-aurora-council-meeting-minutes-august-26-2025_77e.pdf (Minutes), dated August 26, 2025 from City of Aurora. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peoples Bank hold?

Peoples Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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