FINANCIAL_SERVICESPENDING

Village Plans $2.54M Credit Agreement With Bank

The Village of Westchester Board will consider Ordinance 2026-2377 to authorize a credit agreement with Republic Bank, refund and extend an existing term loan, and issue a $2,538,004 promissory note. The ordinance establishes the terms, security, and payment provisions for the new financing arrangement.

Status
PENDING
Document date
April 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Republic Bank
Agency
Westchester village · IL

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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

Scope & details

The full contract record, as filed.

Contract amount
$2,538,004
Contract type
FINANCIAL_SERVICES
Renewal
Ordinance contemplates refunding and extending an existing term loan via a new promissory note; specific maturity date and renewal options are contained in the full ordinance, not the agenda.
Document type
Agenda
Source document
Village of Westchester Agenda Village Board Meeting 2026-04-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Westchester village?

Republic Bank was awarded this financial services contract by Westchester village, as recorded on April 28, 2026. The contract value is $2,538,004.

How much is the Republic Bank contract with Westchester village worth?

The Republic Bank contract with Westchester village is valued at $2,538,004, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Westchester Agenda Village Board Meeting 2026-04-28 (Agenda), dated April 28, 2026 from Westchester village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Republic Bank hold?

Republic 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.

View Republic Bank's profile

What is Westchester village currently buying?

Explore Westchester village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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