Village of Barrington Committee of the Whole Minutes 2026-04-06
Barrington Bank Eyed for Streetscape Bond Purchase
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Description
The Village of Barrington is considering a private placement of less than $2 million in bonds for Phase I of its Streetscape project with Barrington Bank and Trust as the potential purchaser. A bid will be evaluated with assistance from Speer Financial, and an ordinance approving the placement may go to the Board on April 13 if terms are acceptable.
Contract Details
Contract Amount
Less than $2,000,000 (bond issuance amount; exact bid pending)
Vendor
BARRINGTON BANK & TRUST
Agency
Barrington village (pt.), IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 6, 2026
Renewal Info
Single bond purchase for Phase I Streetscape project; renewal terms not applicable. Specific maturity and amortization schedule are not detailed in the minutes.
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