Westfield Park Street Building Corporation Meeting Agenda November 2025
Building Corporation to Secure $19M Loan from City of Westfield
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Description
The Board approved entering a Loan Agreement with the City of Westfield to receive up to $19 million in bond proceeds to finance the Park & Poplar Project's construction and improvements.
Contract Details
Contract Amount
Not to exceed $19,000,000 (bond proceeds via Loan Agreement)
Vendor
CITY OF WESTFIELD
Agency
City of Westfield city, IN
Contract Type
FINANCIAL_SERVICES
Document Date
November 13, 2025
Renewal Info
Loan is contingent on bond issuance and project documents; repayment tied to garage lease; further renewals/amendments may occur as bonds mature.
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